HF Sinclair Corporation (DINO) Options

My journey with HFC began at a share price of $50.18. So at today's price/share for DINO it's still under water.

I've averaged down since starting, lowering my average cost/share and raising the effective dividend a bit. That "trading around the core" has reduced the loss percentage from around 27% on Price/share to break-even.



So, the 'story' is long from over and a new chapter is just getting started.

Best regards,
OAG Tom

The Ticker was changed here to the new DINO from HFC.

Please ignore the previous message.

Best wishes,
OAG

Here's the link to the new DINO board:

https://investorshub.advfn.com/H-F-Sinclair-Corp-DINO-40974

OAG Tom

See the new DINO board for more information on the new H F Sinclair Corp.

Search the DINO ticker and you should find the new i-Hub board.

Best wishes,
OAG Tom

HF Sinclair, DINO, the new combined company exchanged shares on a 1:1 basis, so the new price/share is essentially what it was before HFC became DINO.

Best wishes,
OAG Tom

HFC officially became HF - Sinclar as of today.

New Ticker is DINO....

OAG Tom

HFC has been rising with gasoline prices. Sword rattling in the Ukraine has added a bit of support, too. Price/Share is the best it's been in 11 months.

Best wishes,
OAG

Nice move today for HFC. It was enough to trigger a GTC Limit sell order I had at $28.98 liberating 10% of my shares.

Best wishes,
OAG Tom

HFC's added nearly 50% to its share price since the start of November. Even so it's still down about 45% from a year ago. There is a bit of stock accumulation in the latest month but far less than what one would expect with a big gain like we have seen recently.

Maybe tax loss selling is offsetting the buying keeping Accum/Dist somewhat flat.
Daily:
http://schrts.co/iCSDCzyw
Weekly:
http://schrts.co/mbSbDygM

OAG Tom

Was today a short squeeze day?

I added another 12% to my position in HFC this afternoon. Price/share is now making the Price/Book a value of 0.60. That's hard to pass up.
OAG Tom

HFC announces $0.35 Dividend..............

https://finance.yahoo.com/news/income-investors-know-hollyfrontier-corporation-123824034.html

OAG

$HFC | #Hollyfrontier - Weekly Chart Bullish



Weekly chart showing potential reversal underway.
Fibonacci Golden pocket has held as support.
A Break above Middle Bollinger Band would be very positive.
Bullish short covering signals on Indicators .
Alert set for $28 setting up move to $35
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

My last purchase of shares (+12% added) was at $23.38 on 03/26/2020 so that block is profitable at this point. The previous two blocks are also profitable (bot at $25.10 and $32.94) but not by as nice a margin.



There's now 84% more shares in the account than when I started this position back in April, 2019 but the cash is essentially depleted. It's still showing a loss overall but that negative number has been shrinking in recent weeks.

There's a big difference between its forward looking and trailing P/E (12.3 vs 6.3) so we have to assume earnings are taking a beating right now. The current 4.6% yield helps to smooth out some bumps here assuming it's relatively secure. Current Book Value/Share is around 0.78 making it a reasonable value play. Value Line sees it lagging the market in the short term but moving nicely upward ($60 to $90/share) over the 3-5 year time frame.

OAG Tom

I threw out a fish net to see if I could add 12% to my HFC position this AM. It's in at a limit price, so I'll have to wait for the markets to move it down a bit more. It's closing in on its 52 week Low today.

OAG

Hi W,

Today I recycled some cash from past sales to add 12% more shares to my position in HFC. They are added with an effective yield of ~3% which is better than the cash was earning.

OAG Tom

HFC should be paying its quarterly dividend on the 26th.

Further, the biodiesel build plans and share buy-back anticipated should help firm up the price/share.
https://finance.yahoo.com/news/1-hollyfrontier-build-biodiesel-plant-122538610.html

OAG

News: $HFC These 2 High-Yield Stocks Are Teaming Up to Fuel Faster Growth

The midstream sector has undergone several changes in recent years. Companies used to have no problem obtaining cheap outside financing to expand their operations. However, given the continued challenges of the oil market, it's much more expensive to fund projects these days. That's forced the...

In case you are interested HFC - These 2 High-Yield Stocks Are Teaming Up to Fuel Faster Growth

After a longish slide, HFC is up nicely since the end of May. Up 4.5% today.
No specific news. Maybe it's a reaction to the news about Iran.

I started a modest position in HFC yesterday. I had another stock
(different sector) that seemed to have caught up with its future potential
and needed to be replaced. HFC's current relatively low price, P/E, and
Price/Book Value are attractive along with a reasonable dividend. As a
replacement it is a far better "value" lowering my portfolio's average P/E
and Price/Book while adding a dividend the other stock didn't provide.

Here's a 3 year look-back:


I've kept some cash back to work the bottoming process if need be. My
intent is to trade around this modest core position to improve average
cost/share and average dividend yield over time.

Picked up some Mar 15 @ 55 Call - Chart looks bullish

HFC Chart Bullish on the rise...

HollyFrontier (HFC +5.8%) surges following a rumor of renewed takeover interest by rival Tesoro (TSO +2.3%).

Acquisition talks earlier this year failed when HFC's board balked at the terms, according to reports at the time.

HollyFrontier stock has posted the biggest gain in this space of nearly 24% this year.

However, as school begins and the busy summer driving season comes to an end, the gasoline demand will witness a seasonal drop through fall and winter.

Refineries will also begin to temporarily shut down for maintenance which could lead to a drop of 1.3 million barrels per day of volumes.

Volumes usually drop to their lowest level in early October right in the middle of the autumn maintenance, or turnaround, season, gradually recovering by the end of the year. This could lead to a sequential drop in earnings in the fourth quarter.

@Timothy Smith: HollyFrontier (NYSE:HFC) said a month ago that it ran its refineries in Tulsa, Okla., and El Dorado, Kan., at rates above 100% in Q2; in the entire Midwest region, refiners ran at 100.3% of capacity in the week to July 31, according to EIA data.

I agree about that. Ichan is part of the big picture IMO.

$CHK is ripe for M & A and rest assured that is what Icahn has in mind.

TS
Thank you, you confirmed what I thought. I also have my eye on CHK.

Mergers & acquisitions. Referring mainly to the proposed deal with Tesoro.

thank you, Sir but I am not sure what you mean about m and a.

Downstream continues to have very nice margins on products. The potential for M & A offers a lot more upside.

TS
I know you are a lot wiser then I am on stock. I used to own HFC and took a profit 2 month's ago. If I would have waited I would have done better. I am not sure what to do now. Thinking about jumping back in.

HollyFrontier (HFC +4.4%) is higher following a Reuters report that Tesoro (TSO -2.5%) approached the company about a potential buyout but talks were not successful.

Thank you.

The EPA proposes requiring 15.93B gallons of total renewable fuel in 2014, 16.3B gallons in 2015, and 17.4B gallons in 2016, but the proposal for the total renewable fuel requirement falls short of levels Congress mandated, which were 20.5B gallons in 2015 and 22.5B gallons in 2016.

Tim,Are you familiar with CHK?

I am feeling optimistic long term here.

Thanks Tim
decisions being made should increase shareholder value.

With the company set to aggressively repurchase its undervalued shares, strong throughput volumes, and solid demand fundamentals, I think HollyFrontier is poised to deliver strong returns for shareholders.

While broader market dynamics, i.e. the price of oil, dictating much of trading, shares can swoon for a while.

However, I would bet on Jennings and his talented management team to wisely allocate capital and move the share price higher in the next year.

HollyFrontier (NYSE:HFC) declares $0.33/share quarterly dividend, 3.1% increase from prior dividend of $0.32.

Forward yield 3.17%.

Payable June 26; for shareholders of record June 5; ex-div June 3.

Hoping for a good week.

Liking the outlook on this one my friend.

Thanks Tim. Powerful information/

As a result of strong margins, free cash flow of $113 million.

That's roughly equal to half of the free cash flow generated in 2015, and I anticipate the company to continue to aggressively retire shares.

The share count dropped by 1.4 million in Q1, and the board of directors recently replaced the $462 million remaining on its buyback program with a fresh $1 billion authorization

Holly did a great job utilizing capacity in Q1 by utilizing 99.2% of production and increasing throughput.

As a result, opex per barrel fell to 15% y/y to $4.67.

This, as well as a favorable crack, drove margins up 40% y/y to $12.33/bbl.

Yes it is.

Looking very strong here.

Thank you very much.

HollyFrontier is upgraded to Outperform from Sector Perform with a $49 price target, raised from $40, at RBC, which cites improving operation execution, a new drop strategy and a large new buyback program.

Nice week. Hope it continues this week.

Most definitely.