Par Petroleum (PARR) Beats Q2 Earnings and Revenue Estimates

Core Insights - Par Petroleum (PARR) reported quarterly earnings of $1.54 per share, significantly exceeding the Zacks Consensus Estimate of $0.74 per share, and up from $0.49 per share a year ago, representing an earnings surprise of +108.11% [1] - The company achieved revenues of $1.89 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 17.17%, although this is a decrease from $2.02 billion in the same quarter last year [2] - Par Petroleum's stock has increased approximately 86.3% year-to-date, outperforming the S&P 500's gain of 7.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.07 on revenues of $1.73 billion, while for the current fiscal year, the estimate is $1.47 on revenues of $6.78 billion [7] - The earnings outlook will be influenced by management's commentary during the earnings call, which is crucial for assessing future stock performance [3][4] Industry Context - The Oil and Gas - Refining and Marketing industry, to which Par Petroleum belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, indicating potential challenges ahead [8] - Historical data suggests that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than a factor of 2 to 1, highlighting the importance of industry performance on individual stock outcomes [8]