HF Sinclair Corp (DINO)

[OldAIMGuy]

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