Par Pacific (PARR) Tops Q2 EPS by $1.36

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Par Pacific Holdings Reports Strong Second Quarter 2022 Results

August 8, 2022 4:15 PM EDT

HOUSTON, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (Par Pacific or the Company) today reported its financial results for the quarter ended June 30, 2022.

Net Income of $149.1 million, or $2.50 per diluted shareAdjusted Net Income of $197.2 million, or $3.31 per diluted shareAdjusted EBITDA of $242.1 million$70.1 million in debt reduction, or 12% of funded debtSystem-wide throughput of 141 Mbpd, including record quarterly rates at the Hawaii... More