HF Sinclair Corp (DINO)

[Timothy Smith]

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.