PARR Q2 2023 Earnings — Par Pacific Holdings, Inc. Revenue & Financial Results | Market Cap Arena

PARRPar Pacific Holdings, Inc.

$2B

Q2 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$1.8B-15.3% YoY

Gross Profit

$181M10.1% margin

Operating Income

$46M2.6% margin

Net Income

$30M1.7% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$173M

Free Cash Flow

$156M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$2.7B

Stockholders' Equity

$919M

Cash & Equivalents

$191M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$2.1B	-15.3%
Gross Profit	$181M	$272M	-33.4%
Operating Income	$46M	$174M	-73.3%
Net Income	$30M	$149M	-79.9%

Revenue Segments

Refining

$1.7B89%

Retail Segment

$148M8%

Logistics

$65M3%