Par Pacific (PARR) Tops Q4 EPS by 23c

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Par Pacific Holdings Reports Fourth Quarter And Full-Year 2016 Results

February 28, 2017 4:15 PM EST

HOUSTON, Feb. 28, 2017 /PRNewswire/ -- Par Pacific Holdings, Inc. (NYSE MKT: PARR) ("Par Pacific" or the "Company") today reported its financial results for the fourth quarter and year ended December 31, 2016. Par Pacific reported net income of $13.7 million, or $0.30 per diluted share, for the fourth quarter ended December 31, 2016, compared to a net loss of $66.8 million, or $(1.72) per diluted share, for the same quarter in 2015. Fourth quarter 2016 Adjusted EBITDA was $36.5 million, compared to Adjusted EBITDA of $22.8 million in the fourth quarter of 2015. A reconciliation of reported non-GAAP financial measures to their... More