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Stock impact report

Par Pacific Holdings Reports Third Quarter 2024 Results

Par Pacific Holdings, Inc. (PARR) 
NASDAQ:AMEX Investor Relations: parpacific.com/profile
Company Research Source: GlobeNewswire
HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended September 30, 2024. Net Income of $7.5 million, or $0.13 per diluted shareAdjusted Net Loss of $(5.5) million, or $(0.10) per diluted shareAdjusted EBITDA of $51.4 millionRecord logistics financial results driven by record refining throughputLiquidity increased by $112.1 million while repurchasing $21.9 million of common stock Par Pacific reported net income of $7.5 million, or $0.13 per diluted share, for the quarter ended September 30, 2024, compared to $171.4 million, or $2.79 per diluted share, for the same quarter in 2023. Third quarter 2024 Adjusted Net Loss was $(5.5) million, compared to Adjusted Net Income of $193.4 million in the third quarter of 2023. Third quarter 2024 Adjusted EBITDA was $51.4 million, compared to $255.7 million in the third quarter of 2023. A reconciliation of reported non-GAAP Show less Read more
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