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Compared to Estimates, Par Petroleum (PARR) Q1 Earnings: A Look at Key Metrics
Par PacificPar Pacific(US:PARR) ZACKSยท2025-05-12 22:00

Core Insights - Par Petroleum reported $1.75 billion in revenue for Q1 2025, a year-over-year decline of 11.9%, with an EPS of -$0.94 compared to $0.69 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.6 billion by 8.77%, while the EPS fell short of the consensus estimate of -$0.77 by 22.08% [1] Financial Performance - Total refining feedstocks throughput was 176,000 million barrels per day, surpassing the average estimate of 174,703.3 million barrels per day [4] - Hawaii refinery throughput was 79.4 million barrels per day, slightly below the estimate of 80.58 million barrels per day [4] - Montana refinery throughput was 51.7 million barrels per day, exceeding the estimate of 50.07 million barrels per day [4] - Wyoming refinery throughput was 6.3 million barrels per day, above the estimate of 6 million barrels per day [4] - Washington refinery throughput was 38.6 million barrels per day, slightly above the estimate of 38.07 million barrels per day [4] Revenue Breakdown - Refining revenues were $1.69 billion, exceeding the average estimate of $1.48 billion, representing a year-over-year decline of 12.5% [4] - Retail revenues were $136.43 million, below the average estimate of $142.34 million, with a year-over-year decline of 2.6% [4] - Logistics revenues were $71.42 million, surpassing the average estimate of $61.38 million, with a year-over-year change of -0.6% [4] EBITDA Metrics - Adjusted EBITDA for refining was -$14.29 million, significantly below the average estimate of $6.05 million [4] - Adjusted EBITDA for logistics was $29.67 million, slightly above the average estimate of $28 million [4] - Adjusted EBITDA for retail was $18.62 million, below the average estimate of $19.90 million [4] Stock Performance - Par Petroleum shares returned +31.1% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]