secwatch.observer — SEC 8-K summary
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Issuer:     PAR PACIFIC HOLDINGS, INC. (PARR)
CIK:        0000821483
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0000821483-23-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821483/000082148323000032/0000821483-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821483/000082148323000032/parr-20230807.htm
  HTML page:      https://secwatch.observer/filing/0000821483-23-000032

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