Par Pacific Holdings

Par Pacific Holdings, Inc. engages in the operation of energy and infrastructure businesses. It operates through the following segments: Refining, Retail, Logistics, and Other. The Refining segment produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, low sulfur fuel oil, and other associated refined products. The Retail segment sells gasoline, diesel, and retail merchandise. The Logistics segment is involved in terminals, pipelines, a single-point mooring, and trucking operations to distribute refined products throughout the islands of Oahu, Maui, Hawaii, Molokai, and Kauai. The company was founded on December 21, 1984 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Par Pacific Holdings reports robust 2022 performance and growth strategy

Par Pacific Holdings (PARR) delivered strong financial results in 2022, focusing on balance sheet improvement and strategic initiatives. While facing challenges related to integration and capital allocation, the company is well-positioned to leverage growth opportunities in renewables and retail expansion.

Par Pacific Holdings reports strong Q1 performance and strategic acquisitions

Par Pacific Holdings delivered a strong Q1 performance, showcasing financial stability and growth potential amidst market challenges and economic uncertainties.
The company's robust liquidity position, strategic acquisitions, and focus on sustainable initiatives position it well for future growth and profitability.
While facing challenges from market dynamics, Par Pacific's operational resilience, diversified revenue streams, and strategic planning present opportunities for long-term success and value creation.

Par Pacific Holdings reports robust Q2 performance and eyes renewables

Par Pacific Holdings delivered a strong Q2 performance driven by operational excellence and successful acquisitions, with a focus on debt reduction and strategic investments.
Challenges in refining performance and financial metrics were noted, highlighting the importance of addressing these areas for sustained growth.
Opportunities in renewables initiatives and the logistics segment present avenues for future growth and value creation.
Overall, Par Pacific Holdings' performance reflects a balanced approach to financial management and strategic expansion.

Par Pacific Holdings (PARR) achieves record earnings, eyes renewables growth

Par Pacific Holdings (PARR) reports stellar Q3 performance with record EBITDA and net income, showcasing operational excellence and financial strength. Strong focus on renewables and retail segment growth present promising opportunities for future expansion and profitability.

Par Pacific Holdings achieves record earnings, transitions leadership for growth

Par Pacific Holdings reported exceptional financial performance in Q4 2023, with a strong focus on safety, environmental sustainability, and operational excellence. The leadership transition announcement and strategic operational details underscore the company's commitment to driving growth and value creation. While facing challenges such as leadership changes and market uncertainties, Par Pacific Holdings is well-positioned to leverage opportunities in renewable energy and operational enhancements.

Par Pacific Holdings reports strong Q1 performance and eyes growth

Par Pacific Holdings delivered a solid performance in Q1 2024, driven by strong financial results and operational stability across key segments. The company's focus on renewable fuel initiatives and cost management reflects a commitment to sustainability and efficiency.
While facing challenges in cost structures and potential areas for optimization, Par Pacific Holdings has opportunities to capitalize on its financial strength and pursue strategic investments for growth. Addressing these challenges and leveraging opportunities could further enhance shareholder value.
Overall, Par Pacific Holdings' Q1 earnings call highlighted a balanced approach to financial management, operational performance, and strategic planning. The company's proactive stance on refining operations, retail sales growth, and sustainability initiatives positions it well for future success.

Par Pacific Holdings excels in Q2 earnings, eyes growth opportunities

Par Pacific Holdings delivered robust financial results in Q2, showcasing strength in retail, logistics, and cost management. While facing inventory challenges and refining segment optimizations, the company is well-positioned for growth with strategic initiatives and shareholder value enhancement.

Par Pacific Holdings reports solid Q3 performance amidst cost-cutting focus

Par Pacific Holdings demonstrated operational strength and financial stability in Q3 2024 despite an adjusted net loss per share.
The company's focus on cost reduction, strategic growth initiatives, and strong liquidity position sets a positive trajectory for future growth.
Challenges in cost management and capital allocation need to be addressed to maximize profitability and shareholder value in the long term.

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Par Pacific Holdings, Inc. (NYSE:PARR ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Ashimi Patel - Vice President, Investor Relations Will Monteleone - President & Chief Executive Officer Richard Creamer - Executive Vice President, Refining & Logistics Shawn Flores - Senior Vice President & Chief Financial Officer Conference Call Participants Alejandra Magana - JPMorgan Matthew Blair - Tudor, Pickering, and Holt Ryan Todd - Piper Sandler Neil Mehta - Goldman Sachs Jason Gabelman - TD Cowen Manav Gupta - UBS Operator Good day, and welcome to the Par Pacific Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Par Pacific Holdings, Inc. (PARR) Q3 2024 Earnings Call Transcript

Par Petroleum (PARR) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $3.15 per share a year ago.

Par Petroleum (PARR) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended September 30, 2024.

Par Pacific Holdings Reports Third Quarter 2024 Results

Par Petroleum (PARR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Par Petroleum (PARR) Q3 Earnings Expected to Decline

HOUSTON, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its third quarter 2024 results after the New York Stock Exchange closes on Monday, November 4, 2024. This release will be followed by a conference call for investors on Tuesday, November 5, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern). The full text of the release will be available on Par Pacific's website at http://www.parpacific.com.

Par Pacific Announces Third Quarter 2024 Earnings Release and Conference Call Schedule

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HOUSTON, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that members of its management team will participate in the following investor conferences:

Par Pacific Management to Participate in Investor Conferences

Par Pacific Holdings, Inc. (NYSE:PARR ) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Ashimi Patel - Vice President, Investor Relations Will Monteleone - President & Chief Executive Officer Richard Creamer - Executive Vice President, Refining & Logistics Shawn Flores - Senior Vice President & Chief Financial Officer Conference Call Participants Neil Mehta - Goldman Sachs John Royall – J.P. Morgan Jason Gabelman - TD Cowen Matthew Blair - Tudor, Pickering, Holt & Co. Manav Gupta - UBS Operator Good day, and welcome to the Par Pacific Second Quarter 2024 Earnings Conference Call.

Par Pacific Holdings, Inc. (PARR) Q2 2024 Earnings Call Transcript

Par Petroleum (PARR) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $1.73 per share a year ago.

Par Petroleum (PARR) Q2 Earnings Beat Estimates

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2024.

Par Pacific Holdings Reports Second Quarter 2024 Results

Analysts Estimate Par Petroleum (PARR) to Report a Decline in Earnings: What to Look Out for

HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its second quarter 2024 results after the New York Stock Exchange closes on Tuesday, August 6, 2024. This release will be followed by a conference call for investors on Wednesday, August 7, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern). The full text of the release will be available on Par Pacific's website at http://www.parpacific.com.

Par Pacific Announces Second Quarter 2024 Earnings Release and Conference Call Schedule

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Par Pacific Holdings, Inc. (NYSE:PARR ) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Ashimi Patel - Vice President, Investor Relations Will Monteleone - President & Chief Executive Officer Richard Creamer - Executive Vice President, Refining & Logistics Shawn Flores - Senior Vice President & Chief Financial Officer Conference Call Participants Ryan Todd - Piper Sandler Matthew Blair - Tudor, Pickering, Holt Neil Mehta - Goldman Sachs John Royall - JPMorgan Jason Gabelman - TD Cowen Manav Gupta - UBS Operator Good day, and welcome to the Par Pacific First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

Par Pacific Holdings, Inc. (PARR) Q1 2024 Earnings Call Transcript

Par Petroleum (PARR) came out with quarterly earnings of $0.69 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $2.25 per share a year ago.

Par Petroleum (PARR) Misses Q1 Earnings and Revenue Estimates

HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2024.

Par Pacific Holdings Reports First Quarter 2024 Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Par Pacific (PARR) Stock?

Par Petroleum (PARR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -21.46% in 4 Weeks, Here's Why Par Petroleum (PARR) Looks Ripe for a Turnaround

Does Par Petroleum (PARR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Par Petroleum (PARR) is a Great Choice

Par Petroleum (PARR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Par Petroleum (PARR) Upgraded to Buy: Here's What You Should Know

Are Investors Undervaluing Par Pacific (PARR) Right Now?

Par Petroleum (PARR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock Par Petroleum (PARR) Is Still Trading at a Bargain

HOUSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced it expects to reprice and allocate its existing term loan credit agreement due 2030 (the “Term Loan Facility”). The repricing amendment, which is subject to execution of definitive documentation and customary closing conditions, will reduce the Applicable Margin under the Term Loan Facility by 50 basis points, such that Base Rate loans and SOFR loans will bear interest at the applicable base rate plus 2.75% and 3.75%, respectively. In addition, the amendment will eliminate the Term SOFR Adjustment of 10 basis points with respect to loans under the Term Loan Facility.

Par Pacific Announces Expected Term Loan Repricing

HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced an expected increase in lender commitments under its existing asset-based revolving credit facility (“ABL”) to up to $1.4 billion. The increase is expected to be based, in part, on the addition of certain collateral assets in Hawaii, including refined product inventory and accounts receivable. Par Pacific also intends to refinance its existing working capital financing facilities for its Hawaii operations, a supply and offtake agreement and discretionary draw facility, with a combination of funds from the increased ABL facility and a smaller crude-only intermediation agreement. The financing is anticipated to reduce the Company's working capital financing costs by approximately $10 million per year and increase flexibility of funding.

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