Par Pacific Q4 revenue beats expectations

Par Pacific Holdings

24/02/2026 21:49

Overview

Energy company's Q4 revenue beat analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Company repurchased 0.7 mln shares in Q4, reducing shares outstanding by 10%

Outlook

Company did not provide specific guidance for future quarters or full year in press release

Result Drivers

REFINING SEGMENT - Operating income increased significantly due to a favorable Small Refinery Exemption impact and higher throughput

STRATEGIC INITIATIVES - Progress on Montana turnaround and Hawaii renewable fuels project contributed to strong results

Company press release: ID:nGNX2Mbg8V

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.81 bln
$1.73 bln (5 Analysts)
Q4 Adjusted EPS
Miss
$1.17
$1.27 (8 Analysts)
Q4 EPS
$1.53
Q4 Adjusted Net Income
Miss
$59.50 mln
$60.51 mln (5 Analysts)
Q4 Net Income
$75.40 mln
Q4 Adjusted EBITDA
Miss
$113.10 mln
$124.12 mln (8 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "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 $46.00, about 13% above its February 23 closing price of $40.71

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)