Par Pacific Holdings (PARR)
NYSE:PARR
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
5.65Last Year’s EPS
1.54Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call balanced near-term headwinds with stronger underlying fundamentals: operational execution was highlighted by record throughput, successful renewable unit start-up and strong April market crack strength that improved the outlook for margins and cash flow. Offsetting these positives were a material Hawaii price-lag headwind (~$125 million), sequential declines in refining and retail EBITDA, working capital outflows tied to inventory builds, and an upcoming Hawaii turnaround that will shift some impact into Q3. The company retains strong liquidity, low leverage and an opportunistic buyback framework, positioning it to capture the improving margin environment.Company Guidance
Solid Q1 Financials
First quarter adjusted EBITDA of $91 million and adjusted net income of $39 million, or $0.78 per share.
Record Operational Throughput
System set a first-quarter throughput record with conventional refining throughput of 184,000 barrels per day; Hawaii achieved a record 90,000 barrels per day. System-wide midpoint throughput guidance for Q2 is ~182,000 barrels per day.
Renewables Unit Start-Up in Hawaii
Successful start-up of Hawaii renewable fuels unit: pretreatment unit online early, on-spec renewable diesel achieved in late April, transitioning operations to validate sustainable aviation fuel mode; renewables throughput to be reported starting Q2 with a more meaningful ramp planned in the back half of the year.
Strong Market Environment and Improved Margins Outlook
April market strength: Singapore 3-1-2 index surged (CEO noted April averaged >$72/bbl vs 2025 avg $16/bbl) and consolidated April refining index averaged $42/bbl (an increase of $23/bbl vs Q1). Mainland April indices increased ~ $17/bbl versus Q1, supporting a favorable margin backdrop heading into Q2.
Balance Sheet and Capital Allocation Strength
Total liquidity of $938 million; gross term debt of $638 million (below the low end of leverage targets). Repurchased $28 million of common stock in Q1 at an average $38 per share; since program inception repurchased over 14 million shares (~20% of shares outstanding) at an average $25 per share.
Logistics and Segment Performance
Logistics adjusted EBITDA of $32 million in Q1, in line with mid-cycle expectations. Refining captures strong in some mainland assets (Montana capture 143%, Wyoming capture 139%, Washington capture 100%), demonstrating operational and commercial flexibility.
PARR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PARR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $69.20 | $62.29 | -9.99% |
Feb 24, 2026 | $41.03 | $38.53 | -6.09% |
Nov 04, 2025 | $40.53 | $37.63 | -7.16% |
Aug 05, 2025 | $30.48 | $27.09 | -11.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Par Pacific Holdings (PARR) report earnings?
Par Pacific Holdings (PARR) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Par Pacific Holdings (PARR) earnings time?
Par Pacific Holdings (PARR) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PARR EPS forecast?
PARR EPS forecast for the fiscal quarter 2026 (Q2) is 5.65.