secwatch.observer — SEC 8-K summary
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Issuer:     PAR PACIFIC HOLDINGS, INC. (PARR)
CIK:        0000821483
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000821483-22-000071
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821483/000082148322000071/0000821483-22-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821483/000082148322000071/parr-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000821483-22-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer