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Mar 31, 2023
Par Pacific Q1 2023 Earnings Report
Reported strong profitability and strategic progress.
Key Takeaways
Par Pacific Holdings reported a net income of $237.9 million, or $3.90 per diluted share, and an adjusted net income of $137.5 million, or $2.25 per diluted share, for the quarter ended March 31, 2023. The company's adjusted EBITDA was $167.6 million, and they announced a $90 million investment in a Hawaii renewable fuels project.
Net Income of $237.9 million, or $3.90 per diluted share
Adjusted Net Income of $137.5 million, or $2.25 per diluted share
Adjusted EBITDA of $167.6 million
Record quarter end liquidity of $750.5 million
Forward Guidance
The company is focused on operational reliability, closing the Billings acquisition, and growing its renewable fuels business.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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