---
schema_version: "secwatch.filing_event.v1"
accession: "0000821483-23-000019"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:45:37.020861+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Par Pacific Q1 net income $237.9M ($3.90/sh) vs loss year ago; record liquidity

## Summary
- Net income of $237.9M ($3.90 diluted EPS) vs net loss of $137.1M ($2.31 loss/sh) in Q1 2022.
- Adjusted net income of $137.5M ($2.25 diluted EPS); Adjusted EBITDA of $167.6M vs $12.4M a year ago.
- Record quarter-end liquidity of $750.5M; expects to close Billings acquisition on June 1.
- Announced $90M investment in Hawaii renewable fuels project.
- GAAP results include a $94.7M gain from prior years' RIN settlements.

## SEC filing metadata
- accession: 0000821483-23-000019
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000082148323000019/0000821483-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000082148323000019/parr-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821483-23-000019
- JSON: https://secwatch.observer/filing/0000821483-23-000019.json
- Plain text: https://secwatch.observer/filing/0000821483-23-000019.txt

## Key facts
- Earnings Releases
  PAR PACIFIC HOLDINGS, INC. reported first quarter ended March 31, 2023 results: net income Net Income of $237.9 million, or $3.90 per diluted share, EPS $3.90 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Net income: Net Income of $237.9 million, or $3.90 per diluted share
  - EPS: $3.90 per diluted share
  - Result: reported results
  source text: Par Pacific reported net income of $237.9 million, or $3.90 per diluted share, for the quarter ended March 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000082148323000019/0000821483-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.