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Stock impact report

Par Pacific Holdings Reports Third Quarter 2019 Results

Par Pacific Holdings, Inc. (PARR) 
NASDAQ:AMEX Investor Relations: parpacific.com/profile
Company Research Source: GlobeNewswire
HOUSTON, Nov. 04, 2019 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended September 30, 2019. Third Quarter 2019 Highlights Net Loss of $83.9 million, or $(1.65) per diluted share; including an $81.5 million non-cash impairment charge related to Laramie EnergyAdjusted Net Income of $6.7 million, or $0.13 per diluted shareAdjusted EBITDA of $49.7 millionNet cash provided by operations of $74.4 millionRecord Wyoming and Washington refinery profitabilityRecord Retail segment profitabilityHawaii diesel hydrotreater unit completed and fully operational Par Pacific reported a net loss of $83.9 million, or $(1.65) per diluted share, for the quarter ended September 30, 2019, compared to a net loss of $5.8 million, or $(0.13) per diluted share, for the same quarter in 2018. Third quarter 2019 Adjusted Net Income was $6.7 million, compared to $6.0 million in the third quarter of 2018. Third Show less Read more
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