Brief: Par Pacific Holdings Q2 Adjusted EPS USD 1.54 Vs. IBES Estimate USD 0.77

Par Pacific Holdings

05/08/2025 21:15

Overview

Par Pacific Q2 revenue beats analyst expectations, adjusted EPS exceeds estimates, per LSEG data

Adjusted net income for Q2 beats consensus

Co completed Montana turnaround, announced Hawaii Renewables JV with $100 mln expected proceeds

Repurchased $28 mln of common stock, reducing shares outstanding by 3% during Q2

Outlook

Company plans to invest in Hawaii Renewables joint venture

Par Pacific continues strategic priorities, including Hawaii SAF project

Company sees strong commercial capabilities from Hawaii Renewables partners

Result Drivers

MONTANA TURNAROUND - Successful completion of the Montana turnaround contributed to increased throughput and improved margins

HAWAII THROUGHPUT - Record quarterly throughput of 88 Mbpd at Hawaii refinery supported revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.89 bln
$1.60 bln (6 Analysts)
Q2 Adjusted EPS
Beat
$1.54
$0.77 (7 Analysts)
Q2 EPS
$1.17
Q2 Adjusted Net Income
Beat
$78.30 mln
$35.20 mln (5 Analysts)
Q2 Net Income
$59.46 mln
Q2 Adjusted EBITDA
Beat
$137.80 mln
$98 mln (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

Wall Street's median 12-month price target for Par Pacific Holdings Inc is $32.00, about 4.6% above its August 4 closing price of $30.53

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nGNX9DlsdQ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)