Par Petroleum (PARR) Reports Q4 Loss, Tops Revenue Estimates

Core Viewpoint - Par Petroleum reported a quarterly loss of $0.79 per share, which was better than the Zacks Consensus Estimate of a loss of$1.03, indicating an earnings surprise of 23.30% [1] - The company generated revenues of $1.83 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.89$2.18 billion in the same quarter last year [2] Financial Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [2] - Par Petroleum's shares have decreased by approximately 4.9% since the beginning of the year, contrasting with the S&P 500's gain of 1.7% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.50 on revenues of$1.71 billion, and for the current fiscal year, it is $0.77 on revenues of$6.98 billion [7] - The estimate revisions trend for Par Petroleum is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Oil and Gas - Refining and Marketing industry is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8]