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If You Invested $1000 in HF Sinclair a Decade Ago, This is How Much It'd Be Worth Now

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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.

Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.

What if you'd invested in HF Sinclair (DINO - Free Report) ten years ago? It may not have been easy to hold on to DINO for all that time, but if you did, how much would your investment be worth today?

HF Sinclair's Business In-Depth

With that in mind, let's take a look at HF Sinclair's main business drivers.

HF Sinclair Corporation is an independent energy company producing and marketing gasoline, diesel, jet fuel, renewable diesel, lubricants and specialty products. Incorporated in Delaware in 1947 and headquartered in Dallas, TX, it operates refineries in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah. DINO also provides transportation, terminalling and storage services to its refineries and third parties.

The company reports five segments: Refining, Renewables, Marketing, Lubricants & Specialties, and Midstream. In 2025, consolidated sales and other revenues were $26.9 billion, down from $28.6 billion in 2024. No single customer represented more than 10% of revenues in 2025.

Refining includes the El Dorado, Tulsa, Navajo, Woods Cross, Puget Sound, Parco and Casper refineries and Asphalt. The segment accounted for about 76.4% of 2025 revenue and covers crude procurement, conversion and wholesale marketing.

Renewables includes renewable diesel units at Cheyenne, Artesia and Sinclair and a pre-treatment unit at Artesia. Renewable diesel is sold into transportation fuel markets. The segment contributed about 2.1% of 2025 revenue.

Marketing includes branded fuel sales and Sinclair brand licensing and provides a retail channel across branded and licensed locations. The segment contributed about 11.7% of 2025 revenue. In February 2026, HF Sinclair formed Green Trail Fuels, a joint venture in which it holds a 50% non-operating economic interest. The venture includes retail sites in Colorado and New Mexico.

Lubricants & Specialties includes Petro-Canada Lubricants, Sonneborn, Red Giant Oil and Tulsa specialty production. The segment sells base oils, white oils, waxes, specialty fluids and finished lubricants globally and contributed about 9.4% of 2025 revenue.

Midstream includes pipelines, terminals, tankage and loading racks, including former Holly Energy Partners operations. It contributed about 0.5% of 2025 revenue.

The company plans to separate Lubricants & Specialties into an independent publicly traded company. Completion is targeted for the second half of 2027, subject to final board approval and other customary conditions.

Bottom Line

Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in HF Sinclair, ten years ago, you're likely feeling pretty good about your investment today.

According to our calculations, a $1000 investment made in October 2016 would be worth $4,626.94, or a gain of 362.69%, as of October 5, 2026, and this return excludes dividends but includes price increases.

The S&P 500 rose 256.17% and the price of gold increased 214.74% over the same time frame in comparison.

Looking ahead, analysts are expecting more upside for DINO.

HF Sinclair's investment case is supported by favorable refining fundamentals, a flexible regional asset base and projects that can improve margin capture through the cycle. Tight product supply and low inventories are supporting gasoline and distillate economics, while the El Dorado vacuum furnace and Go-West initiatives should expand feedstock and logistics flexibility. Renewables provide another earnings stream as higher credit values, tax benefits and volumes support profitability. The planned Lubricants & Specialties separation could sharpen strategic focus and lower capital intensity, while retirement of the Mississauga refining assets may reduce exposure to volatile base oil cracks. Cash generation, share repurchases and a higher dividend support shareholder returns and reinforce the Outperform investment case.

The stock is up 7.54% over the past four weeks, and no earnings estimate has gone lower in the past two months, compared to 3 higher, for fiscal 2026. The consensus estimate has moved up as well.

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