Loading...
•
Sep 30, 2021
Par Pacific Q3 2021 Earnings Report
Reported record net income due to strong operational execution and global recovery.
Key Takeaways
Par Pacific Holdings reported a record quarterly net income of $81.8 million, or $1.37 per diluted share, for the third quarter of 2021. The company's performance was driven by strong operational execution and the ongoing global recovery.
Record Quarterly Net Income of $81.8 million, or $1.37 per diluted share
Adjusted Net Income of $45.1 million, or $0.76 per diluted share
Adjusted EBITDA of $84.7 million
Financial results include a $29.1 million RINs mark-to-market (MTM) benefit related to the 2019 and 2020 compliance years
Forward Guidance
With the continued improvement in market conditions and debt repayment of nearly $150 million in 2021, the company is looking forward to a very strong 2022.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...