earnings
confidence high
sentiment negative
materiality 0.85
Par Pacific reports Q4 net loss of $55.7M, full-year 2024 net loss of $33.3M; significant decline YoY
PAR PACIFIC HOLDINGS, INC.
2024-FY EPS reported
-$0.59
revenue$7,974,457,000
- Q4 2024 net loss $55.7M ($1.01 diluted EPS) vs. Q4 2023 net income $289.3M ($4.77 diluted EPS).
- Full-year 2024 net loss $33.3M ($0.59 diluted EPS); Adjusted Net Income $21.2M ($0.37 diluted EPS).
- 2024 Adjusted EBITDA $238.7M vs. $696.2M in 2023; Q4 2024 Adjusted EBITDA $10.9M vs. $122.0M in Q4 2023.
- Record annual Retail and Logistics segment Adjusted EBITDA in 2024.
- Repurchased 5 million common shares during 2024 (~9% of year-end shares outstanding).