8-K filing — HF Sinclair Corp (DINO)

The Zacks Analyst Blog Highlights Phillips 66, Valero Energy and HF Sinclair

Zacks analysts recommend three energy stocks with Zacks Rank #1 (Strong Buy) and Momentum Score A for November: Phillips 66, Valero Energy, and HF Sinclair. All three reported strong Q3 2026 earnings that significantly beat consensus estimates, driven by high refinery utilization, wider margins, and elevated crude oil prices from Middle East geopolitical tensions. Each stock shows expected earnings growth exceeding 100% for the current year.

Valero to Acquire Houston Refining Site, Plans 165,000 BPD Restart

Valero Energy has agreed to acquire a 100% equity stake in LYB Houston Hub Holdings LLC from LyondellBasell Industries for $320.5 million. The acquisition includes a 700-acre facility adjacent to Valero's existing Houston refinery, with plans to restart 165,000 barrels per day of light sweet crude processing capacity by late 2027. The deal also provides Valero with options to invest in heavy sour crude processing infrastructure, leveraging its existing expertise in processing discounted heavy crude grades.

Morgan Stanley Raises Price Target on HF Sinclair

Morgan Stanley analyst Joe Laetsch maintained a Buy rating on HF Sinclair and increased the price target from $127 to $130.

Morgan Stanley Adjusts Price Target for HF Sinclair

Morgan Stanley has increased its price target for HF Sinclair Corporation (DINO) from $127.00 to $130.00.

HF Sinclair Says Refining Capacity Constraints In Middle East Persist, Kinetic Activity Continues Across Region On Most Days; It Has Ability To Run North Of 100,000 Barrels Per Day Of Heavy Crude; Ship-to-ship Transfers In Gulf Of Oman And Crude Being Held On Tankers Are Contributing To Higher Freight Costs; Refining Capacity Shortages Are Expected To Persist And Are Not Coming Back Anytime Soon

HF Sinclair Says Lower Costs, Supply-Chain Flexibility, Growth In Finished And Specialty Products Businesses Should Help Offset The Impact Of The Mississauga Refinery Shutdown