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Management of Par Pacific believes they have circa $330m of excess liquidity and plan to continue share buybacks during this downturn. These will likely be debt-funded, which is controversial and raises questions regarding the extent of the risks. They have zero debt maturities for over three years, plus a healthy cash balance and no plan for higher capital expenditure, so there are no immediate issues.
Par Pacific Holdings, Inc. (NYSE:PARR ) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Ashimi Patel - Vice President, Investor Relations Will Monteleone - President & Chief Executive Officer Richard Creamer - Executive Vice President, Refining & Logistics Shawn Flores - Senior Vice President & Chief Financial Officer Conference Call Participants Alejandra Magana - JPMorgan Matthew Blair - Tudor, Pickering, and Holt Ryan Todd - Piper Sandler Neil Mehta - Goldman Sachs Jason Gabelman - TD Cowen Manav Gupta - UBS Operator Good day, and welcome to the Par Pacific Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
HOUSTON, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended September 30, 2024.
Par Petroleum (PARR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SPOKANE, Wash., Sept. 04, 2024 (GLOBE NEWSWIRE) -- nomnom, a wholly owned subsidiary of Par Pacific Holdings, Inc., and official sponsor of The Eastern Washington University Eagles (EWU), is proud to offer nomnom rewards members a chance to win the Snack Attack prize package. All nomnom rewards members can enter to win VIP tickets to watch the Eagles play on November 16th, 2024.
Par Petroleum (PARR) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $1.73 per share a year ago.
HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended June 30, 2024.
Par Petroleum (PARR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HOUSTON, July 11, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it will release its second quarter 2024 results after the New York Stock Exchange closes on Tuesday, August 6, 2024. This release will be followed by a conference call for investors on Wednesday, August 7, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern). The full text of the release will be available on Par Pacific's website at http://www.parpacific.com.
HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that members of its management team will participate in the following investor conferences.