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.

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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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HOUSTON, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its third quarter 2023 results after the New York Stock Exchange closes on Monday, November 6, 2023. This release will be followed by a conference call for investors on Tuesday, November 7, 2023 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 2023 Earnings Release and Conference Call Schedule

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CMPR, PARR and SCS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 10, 2023.

Best Momentum Stocks to Buy for October 10th

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.

Is Par Pacific (PARR) a Great Value Stock Right Now?

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Par Petroleum (PARR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Why Fast-paced Mover Par Petroleum (PARR) Is a Great Choice for Value Investors

SPOKANE, Wash., Sept. 14, 2023 (GLOBE NEWSWIRE) -- nomnom, a wholly owned subsidiary of Par Pacific Holdings, Inc., and official sponsor of Washington State Cougar Football, is proud to offer fans a chance to win a prize package valued at $2,500 to see the home team play in the Pac-12 Championship Game at Allegiant Stadium in Las Vegas, Nevada on Friday, December 1. The nomnom Snack Bowl Flyaway package includes two tickets to the game, two round trip airfare tickets and a two night hotel stay.

nomnom, Official Sponsor of the Washington State Cougars, Announces Snack Bowl Flyaway Contest

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

Par Petroleum (PARR) is a Great Momentum Stock: Should You Buy?

Par Pacific Holdings, Inc. (NYSE:PARR ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Ashimi Patel - Director, Investor Relations William Pate - Chief Executive Officer Will Monteleone - President Shawn Flores - SVP and Chief Financial Officer Conference Call Participants Matthew Blair - TPH Neil Mehta - Goldman Sachs James Larkin - Piper Sandler Jason Gabelman - Cowen Alejandra Magana - JPMorgan Manav Gupta - UBS Operator Good day, and welcome to the Par Pacific Second Quarter 2023 Earnings Call. All participants' will be in listen-only mode.

Par Pacific Holdings, Inc. (PARR) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Par Petroleum (PARR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Par Petroleum (PARR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Par Petroleum (PARR) came out with quarterly earnings of $1.73 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $3.31 per share a year ago.

Par Petroleum (PARR) Tops Q2 Earnings and Revenue Estimates

HOUSTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2023.

Par Pacific Holdings Reports Strong Second Quarter 2023 Results

After reaching an important support level, Par Pacific Holdings, Inc. (PARR) could be a good stock pick from a technical perspective. PARR recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

Par Petroleum (PARR)'s Technical Outlook is Bright After Key Golden Cross

HOUSTON, July 13, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its second quarter 2023 results after the New York Stock Exchange closes on Monday, August 7, 2023. This release will be followed by a conference call for investors on Tuesday, August 8, 2023 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 2023 Earnings Release and Conference Call Schedule

Zacks.com users have recently been watching Par Petroleum (PARR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Trending Stock Par Pacific Holdings, Inc. (PARR) a Buy Now?

Recently, Zacks.com users have been paying close attention to Par Petroleum (PARR). This makes it worthwhile to examine what the stock has in store.

Is Most-Watched Stock Par Pacific Holdings, Inc. (PARR) Worth Betting on Now?

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it has successfully closed its previously announced acquisition of the Billings refinery and associated marketing and logistics assets (the “Billings Acquisition”) from ExxonMobil Corporation and two of its subsidiaries. The base purchase price of $310 million, including $30 million Par Pacific funded at signing, was paid with cash on hand, and hydrocarbon inventory associated with the Billings Acquisition was primarily financed by the company's ABL credit facility.

Par Pacific Completes Acquisition of ExxonMobil Billings Refinery and Related Upper Rockies Logistics System

Par Petroleum (PARR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Par Pacific Holdings, Inc. (PARR) is Attracting Investor Attention: Here is What You Should Know

HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced the appointment of Patricia Martinez to its Board of Directors.

Patricia Martinez Joins the Board of Directors of Par Pacific Holdings

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Eight US refiners were compared using a value matrix with factors including valuation, FCF, debt, forward yield, and payout ratio. Although I expect refiners' earnings to remain elevated, I also expect share price volatility to continue on energy sector sentiment and broader economic concerns.

Top 3 U.S. Refiners On Relative Value

The company has recently announced a $90 million investment to construct the state's largest manufacturing facility for liquid renewable fuels at its Kapolei refinery. The company reported revenue of $1.68 billion, up 24.80% compared to $1.35 billion in Q1FY22.

Par Pacific: Investment In Hawaii Renewable Fuels Should Accelerate Growth

Par Pacific Holdings, Inc. (PARR) Is a Trending Stock: Facts to Know Before Betting on It

Par Pacific Holdings, Inc. (NYSE:PARR ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants Ashimi Patel - Director of Investor Relations William Pate - Chief Executive Officer Will Monteleone - President Shawn Flores - Senior Vice President and Chief Financial Officer Richard Creamer - Executive Vice President, Refining & Logistics Conference Call Participants Matthew Blair - Tudor, Pickering, Holt Nicolette Slusser - Goldman Sachs Ryan Todd - Piper Sandler John Royall - JPMorgan Manav Gupta - UBS Jason Gabelman - Cowen Operator Good day and welcome to the Par Pacific's First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded.

Par Pacific Holdings, Inc. (PARR) Q1 2023 Earnings Call Transcript

Par Petroleum (PARR) came out with quarterly earnings of $2.25 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to loss of $0.53 per share a year ago.

Par Petroleum (PARR) Beats Q1 Earnings and Revenue Estimates

HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2023.

Par Pacific Holdings Reports First Quarter 2023 Results

Sustained lower crude prices are likely to have a relatively negative effect on Par Pacific's (PARR) refining margins in the first quarter.

News for Par Pacific Holdings Stock (PARR)