Opinions
The Panic-Proof Portfolio (Stockchase Research)
HF Sinclair Corporation
DINO-N
TOP PICK
Jan 09, 2024
$52.760
Stock price when the opinion was issued
Energy
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TOP PICK
Stockchase Research Editor: Michael O'Reilly
DINO produces and markets refined products such as gasoline, diesel, jet and renewable diesel in the the western United States through 1500 branded stations. It trades at 8x earnings, right at book value, and supports a 23% ROE. Quarterly cash reserves are growing, as debt is retired and shares bought back. WE recommend placing a stop-loss at $44, looking to achieve $62 -- upside potential of 17%. Yield 3.3%
(Analysts’ price target is $62.17)
Energy
We reiterate this Western US based retail supplier of transportation fuel as a TOP PICK. The company has seen a 31% increase in net income growth over the past five years and supports a 23% ROE. We like that cash reserves are stable, while they aggressively purchase shares and retire debt. Its dividend is backed by a payout ratio under 20% of cash flow. We continue to recommend a stop at $44, looking to achieve $62 -- upside potential over 16%. Yield 3.2%
(Analysts’ price target is $62.27)