NYSE$PARR
Par Pacific Holdings Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Par Pacific's financial performance improved due to better market conditions, resulting in net income and positive adjusted EBITDA.
Par Pacific Holdings reported a net income of $8.1 million, or $0.14 per diluted share, for the fourth quarter of 2021, compared to a net loss of $(131.9) million for the same quarter in 2020. The company's adjusted net loss was $(13.0) million, and adjusted EBITDA was $26.8 million for the quarter.
- Reported fourth quarter Net Income of $8.1 million, or $0.14 per diluted share.
- Adjusted Net Loss for the fourth quarter was $(13.0) million, or $(0.22) per diluted share.
- Full year 2021 Adjusted EBITDA was $61.5 million, including a $(46.1) million RINs mark-to-market (MTM) expense.
- Refining segment reported operating income of $14.8 million in the fourth quarter of 2021, compared to an operating loss of $(121.4) million in the fourth quarter of 2020.
Headline financials
Revenue & EPS history
Par Pacific · Revenue · Quarterly
$1.29B
Forward guidance
The business environment is improving, and the company's focus is shifting to operational reliability and meeting rising demand in its markets. Par Pacific is also reviewing opportunities for growth in its operating regions and energy transition projects within its asset base.
Tailwinds
- Improved market conditions during the second half of 2021
- Built significant financial and strategic momentum entering 2022
- Focus on operational reliability
- Meeting rising demand in our markets
- Reviewing opportunities for growth in our operating regions and energy transition projects within our asset base
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-0.9%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+3.0%
Avg return
30 days after
38%
20 / 53 earnings
Positive
+25.5%
Q3 2020
Best reaction
-16.2%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.0% | -6.9% | -19.7% | |
| Q4 2025 | -6.2% | +12.3% | +60.1% | |
| Q3 2025 | -7.2% | +6.9% | +7.8% | |
| Q1 2025 | +10.6% | +23.0% | +43.9% | |
| Q4 2024 | -9.7% | -14.4% | -7.6% | |
| Q3 2024 | -3.2% | +3.4% | +4.0% | |
| Q2 2024 | +2.2% | +3.5% | -13.3% | |
| Q1 2024 | -3.5% | -5.0% | -19.0% | |
| Q4 2023 | -9.6% | -11.0% | -8.2% | |
| Q3 2023 | -0.1% | +1.2% | +1.2% | |
| Q2 2023 | +8.8% | +14.9% | +10.6% | |
| Q1 2023 | -5.6% | -7.1% | -0.8% | |
| Q4 2022 | +0.8% | +7.5% | +7.7% | |
| Q3 2022 | +0.7% | +1.5% | -0.4% | |
| Q2 2022 | +10.3% | +19.4% | +11.4% | |
| Q1 2022 | -8.0% | -14.3% | +12.1% | |
| Q4 2021 | -5.5% | -8.2% | -16.8% | |
| Q3 2021 | -0.8% | +3.7% | -12.5% | |
| Q2 2021 | -13.5% | -11.2% | -11.6% | |
| Q1 2021 | -8.0% | -13.4% | -7.8% | |
| Q4 2020 | +2.7% | +6.1% | -20.1% | |
| Q3 2020 | +25.5% | +29.5% | +97.7% | |
| Q2 2020 | +9.7% | +15.2% | +5.9% | |
| Q1 2020 | -8.1% | -3.9% | +16.6% | |
| Q4 2019 | -7.6% | -10.8% | -55.7% | |
| Q3 2019 | +6.1% | +6.4% | +2.8% | |
| Q2 2019 | -2.2% | -3.1% | -3.8% | |
| Q1 2019 | -2.1% | +5.2% | -0.0% | |
| Q4 2018 | -1.5% | -1.5% | +8.0% | |
| Q3 2018 | +0.1% | -6.2% | -2.4% | |
| Q2 2018 | +1.3% | +0.3% | +18.0% | |
| Q1 2018 | -1.3% | -1.2% | +3.5% | |
| Q4 2017 | +9.8% | +8.1% | +2.4% | |
| Q3 2017 | -5.2% | -9.2% | -3.6% | |
| Q2 2017 | -4.9% | -2.4% | +0.9% | |
| Q1 2017 | +0.0% | -1.1% | -0.4% | |
| Q4 2016 | +5.9% | +5.2% | +11.0% | |
| Q3 2016 | +6.3% | +7.8% | +15.1% | |
| Q2 2016 | -10.7% | -15.1% | -18.1% | |
| Q1 2016 | -10.3% | — | — | |
| Q4 2015 | -16.2% | — | — | |
| Q3 2015 | +3.0% | — | — | |
| Q2 2015 | +14.5% | — | — | |
| Q1 2015 | -4.4% | — | — | |
| Q4 2014 | +7.0% | — | — | |
| Q3 2014 | -4.7% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | -5.2% | — | — | |
| Q4 2013 | -5.2% | — | — | |
| Q3 2013 | -6.9% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +8.5% | — | — | |
| Q4 2012 | +7.6% | — | — | |
| Q4 2009 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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