HF Sinclair 8-K Results of Operations and Financial Condition

EXHIBIT 99.2

NRC Refining Margins Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec East 3.9 5.21 7.33 6.46 4.92 5.48 5.79 5.73 5.1 6.64 6.2 2 West 1.67 2.31 4.05 7 7.46 5.67 0.25 2.08 3.77 2.04 1.43 2.66 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 1.16 2.95 0.35 3.71 3.5 1.93 4.45 6.81 13.89 14.33 3.07 4.43 nrc gm 5.67 9.59 11.34 17.37 15.9 13.28 10.69 14.82 22.96 23.21 10.9 9.29 gc 321 budget 05 gc 321 05 nrc gm Rev bud Bud 06 '01-'05 Low to High Gross Margins '01-'05 Median '05 Gross Margin/bbl Median averages: (per bbl) 2000-2004: $7.36 2001-2005: $8.86

Woods Cross Refining Margins Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec East -1.09 1.21 5.56 4.32 6.98 2.33 2.87 3.93 -0.67 -0.95 4.97 -0.97 West 3.01 1.52 0.19 5.58 3.93 1.93 4.28 2.13 10.38 5.44 2.56 3.15 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 2.78 1.43 4.97 5 2.74 4.39 1.05 2.8 14.65 18.48 0.72 2.37 wx gm 0 4.35 6.05 15.1 13.85 2.33 8.4 8.12 24.56 23.17 8.45 0 gc 321 budget 05 gc 321 05 wx gm Rev bud 06 Bud Median averages: (per bbl) 2000-2004: $5.85 2001-2005: $6.15 '01-'05 Low to High Gross Margins '01-'05 Median '05 Gross Margin/bbl

MRC Refining Margins Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec East 0.06 2.96 3.92 6.57 5.59 4.14 4.83 4.03 5.15 3.47 7.67 2.94 West 5 1.78 3.57 3.56 3.6 3.75 3.9 1.95 6.22 4.87 1.79 1.89 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 1.82 4.69 2.61 6.52 6.95 7.63 1.6 6.07 3.27 3.79 0.42 5.9 mrc gm 5.16 6.19 6.2 16.85 14.54 4.14 4.83 4.03 14.84 12.33 10.08 10.77 gc 321 budget 05 gc 321 05 mrc gm Rev bud 06 Bud Median averages: (per bbl) 2000-2004: $7.71 2001-2005: $7.87 '01-'05 Low to High Gross Margins '01-'05 Median '05 Gross Margin/bbl