Par Pacific Q2 net income falls 80% YoY to $30.0M; adjusted EPS $1.73

PAR PACIFIC HOLDINGS, INC.

2023-Q2 EPS reported $4.39 revenue$3,469,136,000

GAAP net income $30.0M ($0.49/sh) vs $149.1M ($2.50/sh) in Q2 2022.
Adjusted net income $105.6M ($1.73/sh) vs $197.2M; Adjusted EBITDA $150.8M vs $242.1M.
Company cites excellent execution despite market cracks materially below record Q2 2022 levels.
Billings refinery contributed exceptional results in first month after closing.

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 0.9

PAR PACIFIC HOLDINGS, INC. reported quarter ended June 30, 2023 results: net income Net Income of $30.0 million, or $0.49 per diluted share, EPS $0.49 per diluted share.

Period: quarter ended June 30, 2023
Net income: Net Income of $30.0 million, or $0.49 per diluted share
EPS: $0.49 per diluted share
Result: reported results

Exact text from the filing

Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2023. • Net Income of $30.0 million, or $0.49 per diluted share

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PAR PACIFIC HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0000821483-23-000032

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