
	Refining		Renewables		Marketing		Lubricants and Specialty Products		HEP		Corporate, Other and Eliminations		Consolidated Total
	(In thousands)
Three Months Ended September 30, 2022
Sales and other revenues:
Revenues from external customers	$	8,230,606	$	254,952	$	1,266,681	$	820,630	$	26,133	$	—	$	10,599,002
Intersegment revenues	1,405,180		100,708		—		2,809		122,869		(1,631,566)		—
	$	9,635,786	$	355,660	$	1,266,681	$	823,439	$	149,002	$	(1,631,566)	$	10,599,002
Cost of products sold (exclusive of lower of cost or market inventory)	$	7,680,153	$	345,588	$	1,255,119	$	696,864	$	—	$	(1,602,471)	$	8,375,253
Lower of cost or market inventory valuation adjustment	$	—	$	16,847	$	—	$	—	$	—	$	—	$	16,847
Operating expenses	$	474,631	$	23,427	$	—	$	69,506	$	60,471	$	(23,444)	$	604,591
Selling, general and administrative expenses	$	34,353	$	873	$	1,351	$	41,833	$	3,750	$	20,517	$	102,677
Depreciation and amortization	$	102,599	$	18,228	$	6,355	$	20,227	$	25,846	$	(1,282)	$	171,973

Income (loss) from operations	$	1,344,050	$	(49,303)	$	3,856	$	(4,991)	$	58,935	$	(24,886)	$	1,327,661
Loss of equity method investments	$	—	$	—	$	—	$	—	$	(16,334)	$	—	$	(16,334)
Capital expenditures	$	37,653	$	24,499	$	1,487	$	10,158	$	7,948	$	17,958	$	99,703


	Refining		Renewables		Lubricants and Specialty Products		HEP		Corporate, Other and Eliminations		Consolidated Total
	(In thousands)
Three Months Ended September 30, 2021
Sales and other revenues:
Revenues from external customers	$	3,993,570	$	—	$	666,033	$	25,459	$	(3)	$	4,685,059
Intersegment revenues	189,441		—		501		97,125		(287,067)		—
	$	4,183,011	$	—	$	666,534	$	122,584	$	(287,070)	$	4,685,059
Cost of products sold (exclusive of lower of cost or market inventory)	$	3,605,600	$	—	$	482,533	$	—	$	(265,275)	$	3,822,858

Operating expenses	$	248,316	$	13,117	$	60,940	$	42,793	$	(12,646)	$	352,520
Selling, general and administrative expenses	$	32,345	$	—	$	41,476	$	3,849	$	13,386	$	91,056
Depreciation and amortization	$	77,890	$	328	$	19,226	$	21,627	$	2,149	$	121,220

Income (loss) from operations	$	218,860	$	(13,445)	$	62,359	$	54,315	$	(24,684)	$	297,405
Earnings of equity method investments	$	—	$	—	$	—	$	3,689	$	—	$	3,689
Capital expenditures	$	40,814	$	141,302	$	7,833	$	19,217	$	6,338	$	215,504


	Refining		Renewables		Marketing		Lubricants and Specialty Products		HEP		Corporate, Other and Eliminations		Consolidated Total
	(In thousands)
Nine Months Ended September 30, 2022
Sales and other revenues:
Revenues from external customers	$	23,442,162	$	399,204	$	2,880,024	$	2,419,212	$	79,310	$	—	$	29,219,912
Intersegment revenues	2,988,372		198,401		—		9,177		325,660		(3,521,610)		—
	$	26,430,534	$	597,605	$	2,880,024	$	2,428,389	$	404,970	$	(3,521,610)	$	29,219,912
Cost of products sold (exclusive of lower of cost or market inventory)	$	21,709,048	$	582,521	$	2,837,583	$	1,777,869	$	—	$	(3,449,841)	$	23,457,180
Lower of cost or market inventory valuation adjustment	$	—	$	42,839	$	—	$	—	$	—	$	—	$	42,839
Operating expenses	$	1,298,907	$	79,796	$	—	$	209,977	$	156,994	$	(57,522)	$	1,688,152
Selling, general and administrative expenses	$	107,358	$	2,746	$	2,540	$	127,137	$	12,745	$	71,448	$	323,974
Depreciation and amortization	$	300,060	$	34,399	$	11,274	$	61,426	$	73,803	$	(344)	$	480,618

Income (loss) from operations	$	3,015,161	$	(144,696)	$	28,627	$	251,980	$	161,428	$	(85,351)	$	3,227,149
Loss of equity method investments	$	—	$	—	$	—	$	—	$	(7,261)	$	—	$	(7,261)
Capital expenditures	$	104,284	$	210,793	$	6,796	$	24,553	$	31,194	$	39,823	$	417,443


	Refining		Renewables		Lubricants and Specialty Products		HEP		Corporate, Other and Eliminations		Consolidated Total
	(In thousands)
Nine Months Ended September 30, 2021
Sales and other revenues:
Revenues from external customers	$	10,837,876	$	—	$	1,850,786	$	77,809	$	4	$	12,766,475
Intersegment revenues	455,089		—		9,500		298,193		(762,782)		—
	$	11,292,965	$	—	$	1,860,286	$	376,002	$	(762,778)	$	12,766,475
Cost of products sold (exclusive of lower of cost or market inventory)	$	9,986,862	$	—	$	1,305,274	$	—	$	(683,244)	$	10,608,892
Lower of cost or market inventory valuation adjustment	$	(318,353)	$	—	$	—	$	—	$	(509)	$	(318,862)
Operating expenses	$	772,593	$	37,169	$	183,003	$	126,226	$	(32,371)	$	1,086,620
Selling, general and administrative expenses	$	90,977	$	—	$	124,612	$	9,664	$	25,532	$	250,785
Depreciation and amortization	$	245,910	$	986	$	58,499	$	66,908	$	(2,962)	$	369,341

Income (loss) from operations	$	514,976	$	(38,155)	$	188,898	$	173,204	$	(69,224)	$	769,699
Earnings of equity method investments	$	—	$	—	$	—	$	8,875	$	—	$	8,875
Capital expenditures	$	114,325	$	325,271	$	17,534	$	76,933	$	14,282	$	548,345