Core Insights - The article emphasizes the importance of disciplined analysis and long-term thinking in identifying resilient and undervalued companies across various sectors, particularly in the Energy sector due to its strategic significance [1]. Group 1: Company Focus - The company is focused on the buy-side investment strategy, aiming to identify companies with strong fundamentals and long-term value [1]. - There is a particular interest in the Energy sector, highlighting its transitional importance in the current market landscape [1]. Group 2: Market Perspective - The article suggests that in a volatile market, it is crucial to prioritize downside protection while maintaining a long-term investment outlook [1].

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________________________________________________________________________________________________ FORM 10-Q ________________________________________________________________________________________________________________________ (Mark One) For the quarterly period ended June 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 O ...

Par Pacific (PARR) Q2 2025 Earnings Call August 06, 2025 10:00 AM ET Speaker0Good morning and welcome to the Par Pacific Second Quarter twenty twenty five Earnings Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Ashimi Patel, Vice President of Investor Relations. Please go ahead.Speaker1Thank you, Jason. Welcome to Par Pacific's second quarter earnings conference call. Joining me today are Will Monteleone, Presiden ...

INVESTOR PRESENTATION I AUGUST 2025 Forward-Looking Statements / Disclaimers The information contained in this presentation has been prepared to assist you in making your own evaluation of the company and does not purport to contain all of the information you may consider important. Any estimates or projections with respect to future performance have been provided to assist you in your evaluation, but should not be relied upon as an accurate representation of future results. Certain statements, estimates, a ...

Hawaii The Hawaii Index averaged $8.57 per barrel in the second quarter of 2025, compared to $7.41 per barrel in the second quarter of 2024. Throughput in the second quarter of 2025 was 88 thousand barrels per day NEWS RELEASE PAR PACIFIC HOLDINGS REPORTS SECOND QUARTER 2025 RESULTS HOUSTON, August 5, 2025 - Par Pacific Holdings, Inc. (NYSE: PARR) ("Par Pacific" or the "Company") today reported its financial results for the quarter ended June 30, 2025. Par Pacific reported net income of $59.5 million, or $1 ...

Par Petroleum (PARR) came out with quarterly earnings of $1.54 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +108.11%. A quarter ago, it was expected that this independent oil and gas company would post a loss of $0.77 per share when it actually produced a loss of $0.94, delivering a surprise of -22.08%.Over the last four q ...

HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2025. Net Income of $59.5 million, or $1.17 per diluted shareAdjusted Net Income of $78.3 million, or $1.54 per diluted shareAdjusted EBITDA of $137.8 millionRepurchased $28 million of common stock at an average price of $17.36 per share during the second quarterSuccessful completion of the Montana turnaroundRecord Hawaii refi ...

The market expects Par Petroleum (PARR) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Core Viewpoint - Par Pacific Holdings, Mitsubishi Corporation, and ENEOS Corporation have established a joint venture named Hawaii Renewables to produce renewable fuels at Par Pacific's refinery in Kapolei, Hawaii, with Mitsubishi and ENEOS acquiring a 36.5% stake for $100 million [1][2][4]. Group 1: Joint Venture Details - Hawaii Renewables will utilize Par Pacific's existing refining and logistics infrastructure and advanced pretreatment technology from Lutros, LLC, with construction underway and expected completion by the end of the year [2][3]. - The facility will be the largest renewable fuels manufacturing site in Hawaii, projected to produce approximately 61 million gallons per year of renewable diesel, sustainable aviation fuel, renewable naphtha, and low carbon liquefied petroleum gases [2][3]. Group 2: Production and Environmental Impact - The facility is designed to produce up to 60% sustainable aviation fuel as an initial step towards decarbonizing Hawaii's air travel market, with the capability to process various feedstocks and adjust yields based on market conditions [3]. - The renewable fuels produced will help reduce greenhouse gas emissions while ensuring a reliable supply of transportation and utility fuels for Hawaii consumers [3]. Group 3: Strategic Partnership Benefits - The partnership combines Par Pacific's West Coast and Pacific asset base with Mitsubishi's global business capabilities, including access to its Petro-Diamond Inc. Terminal in Long Beach, California, and expertise in global feedstock procurement [4]. - ENEOS will enhance the partnership by leveraging its experience in fuel refining and trading across Asia-Pacific and North America, contributing to the initiative's success [4][5]. Group 4: Company Backgrounds - Par Pacific Holdings operates 219,000 barrels per day of refining capacity across four locations and has an extensive energy infrastructure network, including 13 million barrels of storage [6]. - Mitsubishi Corporation is a global integrated business enterprise with operations across various industries, including Environmental Energy and Power Solution [7][8]. - ENEOS Corporation is Japan's leading energy company, focusing on refining and marketing petroleum products while aiming for a carbon-neutral society through energy transition [9].

Company Overview - Par Pacific is a growing energy company focused on renewable and conventional fuels in the western United States[10] - The company has an integrated logistics network with 13 million barrels (MMbbls) of storage capacity[10] - Par Pacific's system-wide refining capacity is 219,000 barrels per day (bpd)[10, 19] - The company owns a 46% interest in Laramie Energy, a natural gas E&P company[10] - As of December 31, 2024, Par Pacific had approximately $1 billion in federal tax attributes[10] Refining Segment - Par Pacific's system-wide distillate & low sulfur fuel oil (LSFO) yield is 52%[22, 25] - The company has up to 20% system-wide exposure to Western Canadian Select (WCS) heavy crude[22] - The Hawaii refinery has a crude capacity of 94,000 bpd, Montana 63,000 bpd, Washington 42,000 bpd, and Wyoming 20,000 bpd[19] Retail & Logistics Segments - The Retail & Logistics segments' Adjusted EBITDA has been growing, reaching $81 million and $122 million respectively for the Last Twelve Months (LTM) ending March 31, 2025[39, 40] - The company has 87 retail locations in Hawaii and 32 in the Pacific Northwest[38] Capital Expenditure and Turnarounds - The company's 2024 actual capital expenditures were $209 million[44] - The company is executing approximately $90 million investment in Hawaii to produce renewable fuels[48] Financial Position - As of March 31, 2025, Par Pacific's total liquidity was $525 million[50] - As of March 31, 2025, the Term Debt / LTM Retail & Logistics Adjusted EBITDA ratio was 32x, with a target of 3-4x[55]