Par Pacific Q3 net income $267M, EPS $4.47; announces $310M Exxon refinery acquisition

PAR PACIFIC HOLDINGS, INC.

2022-Q3 EPS reported $4.68 revenue$5,512,910,000

Net income $267.4M ($4.47 diluted EPS) vs $81.8M ($1.37) in Q3 2021; Adjusted net income $172.0M ($2.88).
Adjusted EBITDA $214.1M vs $58.2M YoY; record Retail and Logistics segment Adjusted EBITDA.
Announced acquisition of ExxonMobil Billings refinery and associated assets for $310M base price, funded from existing liquidity.
Excludes $(5.1)M RINs mark-to-market expense from adjusted results.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PAR PACIFIC HOLDINGS, INC. reported the quarter ended September 30, 2022 results: net income $267.4 million, or $4.47 per diluted share.

Period: the quarter ended September 30, 2022
Net income: $267.4 million, or $4.47 per diluted share
Result: reported results

Exact text from the filing

On November 1, 2022, Par Pacific Holdings, Inc. issued a news release reporting results for the third quarter ended September 30, 2022.

View on SEC.gov

Browse all earnings releases →

PAR PACIFIC HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0000821483-22-000071

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.