Loading...
•
Dec 31, 2023
Par Pacific Q4 2023 Earnings Report
Reported record results driven by operational reliability, commercial execution, and the Billings acquisition.
Key Takeaways
Par Pacific reported a net income of $289.3 million for Q4 2023, a significant increase compared to $84.7 million for the same quarter in 2022. The company's performance was boosted by a deferred income tax benefit of $126.2 million. Adjusted EBITDA for the quarter was $122.0 million, compared to $174.9 million in the fourth quarter of 2022.
Net income for the fourth quarter was $289.3 million, or $4.77 per diluted share.
Adjusted net income for the fourth quarter was $65.2 million, or $1.08 per diluted share.
Adjusted EBITDA for the fourth quarter was $122.0 million.
The Refining segment reported operating income of $174.0 million, compared to $85.3 million in the fourth quarter of 2022.
Forward Guidance
No specific forward guidance was provided in the press release.
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...