Highest-materiality recent filing
Par Pacific closes $500M 7.375% senior notes due 2034 and upsizes ABL to $1.8B
Issued $500M of 7.375% senior unsecured notes due 2034; proceeds used to repay term loan due 2030.
Par Pacific announces $500M senior notes offering to repay term loan
Par Petroleum, a wholly owned subsidiary, to offer $500M senior unsecured notes due 2034.
Par Pacific swings to Q1 net income $54.5M, adjusted EBITDA $91.5M versus prior-year loss
Net income of $54.5M ($1.10 diluted EPS) vs. $30.4M loss in Q1 2025; adjusted net income $38.5M ($0.78 adjusted diluted EPS).
Par Pacific reverses to Q4 net income $77.7M ($1.53 EPS) from year-ago loss
Net income $77.7M ($1.53 diluted EPS) vs Q4 2024 loss of $55.7M ($1.01 loss).
Par Pacific Q3 net income $262.6M ($5.16/diluted) vs $7.5M YoY; adj EBITDA $372.5M
Net income $262.6M, diluted EPS $5.16, vs $7.5M ($0.13) in Q3 2024.
Par Pacific closes JV with Mitsubishi/ENEOS for 36.5% stake in renewable fuels unit
Joint venture closed Oct 21; Alohi (Mitsubishi/ENEOS) acquired 36.5% equity for $100M in cash.
Par Pacific Q2 net income $59.5M ($1.17 EPS); adjusted EBITDA $137.8M, up 69% YoY
Net income $59.5M ($1.17 diluted EPS); adjusted net income $78.3M ($1.54 diluted EPS).
Par Pacific forms renewable fuels JV with Mitsubishi/ENEOS; $100M cash infusion
Alohi (Mitsubishi/ENEOS) acquires 36.5% stake in Hawaii Renewables, LLC for $100M cash.
Par Pacific Q1 net loss $30.4M, adjusted net loss $50.3M; repurchased $51M
Net loss of $30.4M ($0.57/share) vs net loss of $3.8M in Q1 2024.
Q4 2024 net loss $55.7M ($1.01 diluted EPS) vs. Q4 2023 net income $289.3M ($4.77 diluted EPS).
Par Pacific Q3 net income $7.5M vs $171.4M a year ago; adjusted loss $(5.5)M
Net income of $7.5M ($0.13/diluted share) versus $171.4M ($2.79/diluted share) in Q3 2023.
Par Pacific Q2 net income $18.6M ($0.32 EPS), down from $30M YoY
Net income $18.6M ($0.32 diluted EPS) vs $30.0M ($0.49) in Q2 2023.
Par Pacific secures new crude intermediation facility with Citi; ABL commitments increased to $1.4B
New crude-only intermediation facility with Citigroup Energy Inc. effective May 31, 2024, term 36 months, replaces J. Aron facility.
Par Pacific posts Q1 net loss of $3.8M; board authorizes $250M buyback
Net loss of $3.8M (-$0.06/diluted) vs net income of $237.9M ($3.90/diluted) in Q1 2023.
On November 7, 2024, Mr. Anthony Chase announced his intention to resign from his position as a member of the Board of Directors of Par Pacific Holdings, Inc. (the "Company") and its Nominating and Corporate Governance Committee, effective November 15, 2024.
Max materiality 0.85 · Median 0.72 · Most common event earnings