Near 52-Week High... U.S. Oil Stocks Gain 1 Trillion Won in Market Cap in a Day

U.S. refiner HF Sinclair Corporation (ticker: DINO) closed at $66.75 on April 29, local time, up 6.41% from the prior day on trading volume of about 1.97 million shares. Its market capitalization swelled to roughly $12 billion (around KRW 16.6 trillion), representing a one-day increase of about $820 million (approximately KRW 1.1 trillion).

During the session, the stock climbed as high as $64.70, marking a new 52-week high. Despite a more than 110% gain over the past year, analysts continue to cite its attractive valuation. Institutional investors are also raising their stakes: Vanguard disclosed a 5.07% holding (about 9.14 million shares) in its recent Schedule 13G filing.

Headquartered in Dallas, Texas, HF Sinclair is an independent refining and energy company. It was formed in 2022 when HollyFrontier acquired the assets of Sinclair Oil and launched the new holding company, HF Sinclair. The firm operates multiple refineries, pipelines and storage terminals across the U.S. and supplies gasoline, diesel and lubricants through its network of Sinclair-branded service stations.