---
schema_version: "secwatch.filing_event.v1"
accession: "0000821483-23-000032"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:19:11.215620+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000821483-23-000032
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000082148323000032/0000821483-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000082148323000032/parr-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821483-23-000032
- JSON: https://secwatch.observer/filing/0000821483-23-000032.json
- Plain text: https://secwatch.observer/filing/0000821483-23-000032.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000082148323000032/0000821483-23-000032-index.htm

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