Par Petroleum (PARR) Beats Q2 Earnings and Revenue Estimates

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 ...