Par Pacific-Par Petroleum (PARR) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Par Petroleum (PARR) reported revenue of $1.83 billion for Q4 2024, a year-over-year decline of 16.1%, with an EPS of -$ 0.79 compared to $1.08 a year ago, indicating significant financial challenges [1] - The reported revenue exceeded the Zacks Consensus Estimate of$ 1.71 billion by 6.89%, and the EPS also surprised positively by 23.30% against a consensus estimate of - $1.03 [1] Financial Performance - The company’s stock has returned -11.4% over the past month, underperforming the Zacks S&P 500 composite, which declined by only -1.8% [3] - Par Petroleum holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3] Key Metrics - Total Refining - Feedstocks Throughput was 187,800 million barrels of oil per day, surpassing the three-analyst average estimate of 187,341.3 million barrels [4] - Hawaii Refinery throughput was 83.3 million barrels per day, exceeding the average estimate of 81.61 million barrels [4] - Montana Refinery throughput was 51.9 million barrels per day, above the average estimate of 50.12 million barrels [4] - Wyoming Refinery throughput was 13.6 million barrels per day, below the average estimate of 16.13 million barrels [4] - Washington Refinery throughput was 39 million barrels per day, slightly below the average estimate of 39.49 million barrels [4] - Retail sales volumes reached 30,287 Kgal, exceeding the average estimate of 30,109 Kgal [4] - Adjusted EBITDA for Refining was -$ 22.34 million, better than the average estimate of - $29.05 million [4] - Adjusted EBITDA for Logistics was$ 33.01 million, surpassing the average estimate of $28.20 million [4] - Adjusted EBITDA for Retail was$ 22.20 million, exceeding the average estimate of $20.27 million [4]