Welcome to our dedicated page for Par Pcifc Hldngs news (Ticker: PARR), a resource for investors and traders seeking the latest updates and insights on Par Pcifc Hldngs stock.
Par Pacific Holdings, Inc. (NYSE: PARR) generates frequent news as an energy company headquartered in Houston, Texas with refining, logistics, retail and renewable fuels operations focused on the western United States. Company announcements often cover refinery performance, segment results, capital allocation decisions and developments in its renewable fuels strategy.
Recent news releases have highlighted quarterly financial results for its refining, retail and logistics segments, including updates on refinery throughput in Hawaii, the Pacific Northwest and the Rockies. Par Pacific’s disclosures also describe stock repurchase activity, liquidity, term debt balances and changes to its term loan credit agreement, such as amendments that adjust interest margins.
Another recurring news theme is Par Pacific’s investment in renewable fuels, particularly through Hawaii Renewables, LLC, a joint venture co-located with the Kapolei refinery. News items have detailed the signing and closing of the joint venture with Alohi Renewable Energy LLC, the expected production of renewable diesel, sustainable aviation fuel, renewable naphtha and low carbon liquified petroleum gases, and related commodity swap and credit arrangements. Announcements have also covered partnerships involving Par Hawaii in the development of sustainable aviation fuel in Hawaii.
Investors following PARR news can expect updates on capital expenditure guidance, turnaround plans, financing arrangements, renewable fuels projects, and equity earnings from Laramie Energy, LLC, in which Par Pacific holds a significant interest. Bookmarking this news feed provides a single place to review Par Pacific’s earnings releases, transaction announcements, joint venture milestones and other material company communications as they are reported.
Par Pacific Holdings (NYSE: PARR) has scheduled its second quarter 2025 earnings release for Tuesday, August 5, 2025, after market close. The company will host a conference call for investors on Wednesday, August 6, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can access the call through toll-free (1-833-974-2377) or toll (1-412-317-5782) numbers. A live webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until August 20, 2025, using passcode 7519957.
[]Par Pacific Holdings (NYSE: PARR) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 results after NYSE market close on Tuesday, May 6, 2025, followed by an investor conference call on Wednesday, May 7, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate via phone using dial-in numbers 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). A live audio webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until May 21, 2025, using 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with passcode 2659885.
Par Pacific Holdings (NYSE: PARR) reported financial results for Q4 and full-year 2024. The company posted a full-year net loss of $(33.3) million, or $(0.59) per diluted share, compared to net income of $728.6 million in 2023. Q4 2024 resulted in a net loss of $(55.7) million.
Key highlights include:
- 2024 Adjusted EBITDA: $238.7 million vs $696.2 million in 2023
- Record performance in Retail and Logistics segments
- Share repurchase of 5 million common shares (9% of year-end shares outstanding)
- New $250 million stock buyback authorization announced in February 2025
The Refining segment faced challenges, with operating income dropping to $17.4 million in 2024 from $676.2 million in 2023. The Wyoming refinery experienced an operational incident in February 2025 and expects to restart in mid-April at reduced throughput, returning to full operations by May end.
Par Pacific Holdings (NYSE: PARR) has scheduled its fourth quarter 2024 earnings release for Tuesday, February 25, 2025, after the NYSE market close. The company will host a conference call for investors on Wednesday, February 26, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate in the conference call by dialing 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). A live audio webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until March 12, 2025, by dialing 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with passcode 2219355.
Par Pacific Holdings (NYSE: PARR) has announced its management team's upcoming participation in two major investor conferences in early 2025. The team will attend the Goldman Sachs Energy, CleanTech & Utilities Conference on January 8, 2025, in Miami, Florida, and the UBS Global Energy & Utilities Winter Conference on January 14, 2025, in Park City, Utah. Interested parties can access the company's most recent investor presentation through the Investors section of Par Pacific's website at www.parpacific.com.
Par Pacific Holdings (NYSE: PARR) has announced its 2025 capital expenditure and turnaround outlay guidance ranging from $210 million to $240 million. The breakdown includes:
- $85-95 million for turnarounds & catalyst
- $75-85 million for maintenance
- $50-60 million for growth initiatives
The growth expenditure includes approximately $30-40 million for completing the Hawaii renewable hydrotreater project and $10 million for ERP system enhancements. Additionally, $10 million is allocated for reliability investments. The company also expects its 2024 capital expenditures to reach the lower end of the previously announced $220-250 million range.
Par Pacific Holdings (NYSE: PARR) reported Q3 2024 financial results with net income of $7.5 million ($0.13 per diluted share), down from $171.4 million ($2.79 per diluted share) in Q3 2023. The company posted an Adjusted Net Loss of $(5.5) million and Adjusted EBITDA of $51.4 million, compared to $193.4 million and $255.7 million respectively in Q3 2023. Despite challenging refining margins, the company achieved record logistics results and refining throughput. The company's liquidity increased by $112.1 million while repurchasing $21.9 million of common stock.
Par Pacific Holdings (NYSE: PARR) has announced the schedule for its third quarter 2024 earnings release and conference call. The company will release its Q3 2024 results after the New York Stock Exchange closes on Monday, November 4, 2024. This will be followed by an investor conference call on Tuesday, November 5, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate in the conference call by dialing 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). The full earnings release will be available on Par Pacific's website. A live audio webcast and related presentation materials will also be accessible on the company's website. A replay of the call will be available until November 19, 2024, by dialing 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with the passcode 4223997.
nomnom, a subsidiary of Par Pacific Holdings (PARR), has launched the 'Snack Attack' sweepstakes in partnership with the Eastern Washington University Eagles. nomnom rewards members can enter to win a VIP package for the November 16, 2024 game, including four tickets and access to the EWU hospitality suite. The promotion runs until October 31, 2024.
Brian Gray, Head of Marketing at Par Pacific Holdings, emphasized the exclusive opportunity for fans to enjoy the game in luxury. To participate, users need to download the nomnom rewards app, sign up as a member, and enter the sweepstakes. This initiative aims to boost app downloads and reward program memberships while leveraging nomnom's sponsorship of the EWU Eagles.