Par Pacific posts Q1 net loss of $3.8M; board authorizes $250M buyback

PAR PACIFIC HOLDINGS, INC.

2024-Q1 EPS reported -$0.06 revenue$1,980,835,000

Net loss of $3.8M (-$0.06/diluted) vs net income of $237.9M ($3.90/diluted) in Q1 2023.
Adjusted net income $41.7M ($0.69/diluted) vs $137.5M; Adjusted EBITDA $94.7M vs $167.6M.
Board approved new $250M share repurchase plan, terminating prior plan; $73M repurchased YTD.
Announced refinancing activities expected to yield ~$13M in annual cash savings.

item 2.02 item 8.01 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 first quarter ended March 31, 2024 results: net income Net Loss of $(3.8) million, EPS $(0.06) per diluted share.

Period: first quarter ended March 31, 2024
Net income: Net Loss of $(3.8) million
EPS: $(0.06) per diluted share
Result: reported results

Exact text from the filing

Par Pacific reported a net loss of $(3.8) million, or $(0.06) per diluted share, for the quarter ended March 31, 2024

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

PAR PACIFIC HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0000821483-24-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.