earnings
confidence high
sentiment positive
materiality 0.85
Par Pacific swings to Q2 net income of $149.1M ($2.50 EPS); Adj. EBITDA $242.1M
PAR PACIFIC HOLDINGS, INC.
2022-Q2 EPS reported
$0.20
revenue$3,456,625,000
- Net income $149.1M ($2.50 diluted EPS) vs net loss $109.0M ($1.84 loss) in Q2 2021.
- Adjusted net income $197.2M ($3.31 diluted EPS); Adjusted EBITDA $242.1M vs $26.7M prior year.
- System-wide throughput 141 Mbpd, including record quarterly rates at Hawaii refinery.
- Debt reduction of $70.1M, or 12% of funded debt.
- Excludes $(18.4)M RINs mark-to-market expense.