earnings
confidence high
sentiment negative
materiality 0.70
Par Pacific Q2 net income $18.6M ($0.32 EPS), down from $30M YoY
PAR PACIFIC HOLDINGS, INC.
2024-Q2 EPS reported
$0.25
revenue$3,998,303,000
- Net income $18.6M ($0.32 diluted EPS) vs $30.0M ($0.49) in Q2 2023.
- Adjusted net income $28.5M ($0.49 diluted EPS) vs $105.0M prior year.
- Adjusted EBITDA $81.6M, down from $150.8M in Q2 2023.
- Repurchased $66M of common stock in Q2; completed working capital refinancing.
- Billings turnaround executed on time and on budget.