Par Petroleum (PARR) Misses Q1 EPS by 34c

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Par Pacific Holdings Reports First Quarter 2016 Results

May 4, 2016 5:00 PM EDT

HOUSTON, May 4, 2016 /PRNewswire/ -- Par Pacific Holdings, Inc. (NYSE MKT: PARR) ("Par Pacific" or the "Company") today reported its financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Financial Highlights:

Net Loss of $18.7 million, or $(0.46) per diluted share Adjusted Net Loss of $6.5 million, or $(0.16) per diluted share Adjusted EBITDA of $5.4 million

Par Pacific reported a net loss of $18.7 million, or $(0.46) per diluted share, for the first quarter ended March 31, 2016, compared to net income of $0.5 million, or $0.01... More