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Sep 30, 2023
Par Pacific Q3 2023 Earnings Report
Reported exceptional financial results driven by outstanding performance and the accretive Billings acquisition.
Key Takeaways
Par Pacific reported a net income of $171.4 million, or $2.79 per diluted share, for the quarter ended September 30, 2023. The company's Adjusted Net Income was $193.5 million and Adjusted EBITDA was a record $255.7 million.
Net Income was $171.4 million, or $2.79 per diluted share.
Adjusted Net Income was $193.5 million, or $3.15 per diluted share.
Adjusted EBITDA reached a record of $255.7 million.
The company repurchased $27 million of common stock while reducing debt and increasing liquidity.
Forward Guidance
No forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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