Par Pacific Holdings Inc

Energy US PARR

15.26USD
-0.56(3.54%)

Last update at 2024-12-19T18:51:00Z

Day Range

15.1415.99
LowHigh

52 Week Range

20.3037.50
LowHigh

Fundamentals

  • Previous Close 15.82
  • Market Cap2139.87M
  • Volume594487
  • P/E Ratio4.12
  • Dividend Yield-%
  • EBITDA736.19M
  • Revenue TTM7857.32M
  • Revenue Per Share TTM130.71
  • Gross Profit TTM 945.77M
  • Diluted EPS TTM8.58

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 364.90M -80.27600M -429.80600M -28.88000M 39.76M
Minority interest - - - - -
Net income 364.19M -81.29700M -409.08600M 40.81M 39.43M
Selling general administrative 62.40M 48.10M 41.29M 46.22M 47.43M
Selling and marketing expenses - - - - -
Gross profit 846.00M 277.37M 87.14M 511.81M 354.97M
Reconciled depreciation 99.77M 94.24M 90.04M 86.12M 52.64M
Ebit 342.24M -70.39100M -231.57800M -20.67200M 50.13M
Ebitda 442.01M -70.44300M -277.43400M 65.45M 102.77M
Depreciation and amortization 99.77M -0.05200M -45.85600M 86.12M 52.64M
Non operating income net other - -6.16400M -41.58600M - -2.41300M
Operating income 342.24M -70.39100M -231.57800M -20.67200M 81.94M
Other operating expenses 6880.39M 4780.48M 3356.45M 5248.83M 3318.47M
Interest expense 68.29M 66.49M 70.22M 74.84M 39.77M
Tax provision 0.71M 1.02M -20.72000M -69.68900M 0.33M
Interest income - - - 167.79M 28.50M
Net interest income -68.28800M -66.49300M -70.22200M -74.83900M -39.76800M
Extraordinary items - - - - -
Non recurring - 1.93M 86.42M - 10.32M
Other items - - - - -
Income tax expense 0.71M 1.02M -20.72000M -69.68900M 0.33M
Total revenue 7321.78M 4710.09M 3124.87M 5401.52M 3410.73M
Total operating expenses 404.61M 347.76M 318.71M 359.12M 262.71M
Cost of revenue 6475.78M 4432.72M 3037.73M 4889.71M 3055.76M
Total other income expense net 22.66M -9.88500M -198.22800M -8.20800M -12.73200M
Discontinued operations - - - - -
Net income from continuing ops 364.19M -81.29700M -409.08600M 40.81M 39.43M
Net income applicable to common shares 364.19M -81.29700M -409.08600M 40.37M 39.43M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3280.65M 2570.25M 2133.86M 2700.56M 1460.73M
Intangible assets 13.58M 16.23M 18.89M 21.55M 23.95M
Earning assets - - - - -
Other current assets 5.62M 3.03M 6.88M 5.60M 12.72M
Total liab 2636.11M 2304.55M 1887.59M 2052.32M 948.40M
Total stockholder equity 644.54M 265.70M 246.27M 648.24M 512.33M
Deferred long term liab - - - - -
Other current liab 1565.66M 737.70M 650.75M 771.72M 445.70M
Common stock 0.60M 0.60M 0.54M 0.53M 0.47M
Capital stock 0.60M 0.60M 0.54M 0.53M 0.47M
Retained earnings -200.68700M -559.11700M -477.02800M -67.94200M -108.75100M
Other liab 48.43M 52.26M 45.94M 70.11M 42.47M
Good will 129.32M 127.26M 128.00M 195.92M 153.40M
Other assets 69.31M 2570.25M 166.62M 22.00M 21.88M
Cash 490.93M 112.22M 68.31M 126.02M 75.08M
Cash and equivalents - - - - -
Total current liabilities 1794.09M 1355.79M 878.68M 1034.32M 507.20M
Current deferred revenue - 399.06M 4.08M 7.91M 6.68M
Net debt 379.70M 848.76M 1009.53M 913.05M 323.69M
Short term debt 77.04M 64.48M 116.90M 92.30M 0.03M
Short long term debt 10.96M 10.84M 59.93M 668.46M 373.92M
Short long term debt total 870.62M 960.98M 1077.84M 1039.07M 398.76M
Other stockholder equity 836.49M 821.71M 726.50M 715.07M 617.94M
Property plant equipment 1186.60M 1240.33M 1289.93M 1382.02M 538.26M
Total current assets 1881.84M 1130.17M 636.47M 1032.17M 586.59M
Long term investments - - 0.00000M 46.91M 136.66M
Net tangible assets 501.63M 122.20M 99.39M 430.77M 334.99M
Short term investments - - 209.01M - -
Net receivables 252.88M 195.11M 111.66M 228.72M 160.34M
Long term debt 494.58M 553.72M 648.66M 599.63M 392.61M
Inventory 1041.98M 790.32M 429.86M 615.87M 322.06M
Accounts payable 151.40M 154.54M 106.94M 162.40M 54.79M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 8.13M 2.50M -3.74200M 0.58M 2.67M
Additional paid in capital - - - - -
Common stock total equity - 0.60M 0.54M 0.53M 0.47M
Preferred stock total equity - - - - -
Retained earnings total equity - -559.11700M -477.02800M - -108.75100M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 69.31M 56.26M 60.57M 22.00M 21.88M
Deferred long term asset charges - - - - -
Non current assets total 1398.81M 1440.08M 1497.39M 1668.39M 874.14M
Capital lease obligations 365.09M 396.43M 369.25M 427.13M 6.12M
Long term debt total - 553.72M 648.66M 605.86M 398.73M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -87.30800M 74.63M -63.46400M -353.22900M -175.82100M
Change to liabilities 262.88M 209.56M 67.19M 68.97M 2.75M
Total cashflows from investing activities -87.30800M 74.63M -63.46400M -353.22900M -175.82100M
Net borrowings -61.98900M -148.50600M 84.63M 269.57M -0.38900M
Total cash from financing activities 13.41M -1.09400M 42.56M 300.21M 41.94M
Change to operating activities 9.72M 237.15M -204.10100M 79.27M -26.44900M
Net income 364.19M -81.29700M -409.08600M 40.81M 39.43M
Change in cash 378.70M 45.91M -58.11900M 52.61M -43.25800M
Begin period cash flow 116.22M 70.31M 128.43M 75.82M 119.08M
End period cash flow 494.93M 116.22M 70.31M 128.43M 75.82M
Total cash from operating activities 452.61M -27.62200M -37.21400M 105.63M 90.62M
Issuance of capital stock 0.00000M 87.19M 0.00000M 0.00000M 19.32M
Depreciation 99.77M 38.13M 215.16M 200.01M 52.64M
Other cashflows from investing activities - 104.16M 0.06M 0.86M -127.38200M
Dividends paid - - - 111.27M -
Change to inventory -254.43700M -350.65200M 171.88M -195.44000M 31.84M
Change to account receivables -57.39100M -83.95500M 117.80M -36.65200M -35.79000M
Sale purchase of stock -7.83400M 87.19M - 74.29M 19.32M
Other cashflows from financing activities 468.10M 241.03M 243.69M 541.54M 141.38M
Change to netincome 27.88M -66.47900M 122.16M 58.80M -2.28600M
Capital expenditures 53.02M 29.53M 63.52M 83.92M 48.44M
Change receivables - -79.39100M 124.84M - -39.58000M
Cash flows other operating - 240.73M -211.13600M - -1.29700M
Exchange rate changes - - - - -
Cash and cash equivalents changes - 45.91M -58.11900M - -43.25800M
Change in working capital -9.62200M 21.56M 202.54M -74.05600M -10.51400M
Stock based compensation 9.35M 8.16M 7.34M 6.44M 6.20M
Other non cash items -11.35700M -13.92000M -32.27300M -0.68200M 2.21M
Free cash flow 399.58M -57.15500M -100.73600M 21.71M 42.18M

Peer Comparison

Sector: Energy Industry: Oil & Gas Refining & Marketing

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
PARR
Par Pacific Holdings Inc
-0.56 3.54% 15.26 4.12 9.92 0.27 2.07 0.46 5.05
PSX
Phillips 66
-1.84 1.64% 110.02 8.10 9.57 0.39 1.91 0.50 5.71
MPC
Marathon Petroleum Corp
-3.855 2.85% 131.21 5.69 11.07 0.38 2.26 0.49 3.55
VLO
Valero Energy Corporation
-4.12 3.38% 117.62 4.54 9.21 0.31 1.74 0.34 2.87
NTOIF
Neste Oyj
- -% 12.90 16.56 10.27 1.22 3.18 1.31 16.26

Reports Covered

Stock Research & News

Profile

Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates three refineries that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, distillate, asphalt, low sulfur fuel oil, and other associated refined products primarily for consumption in Hawaii, Pacific Northwest, Wyoming, and South Dakota. The Retail segment operates 121 fuel retail outlets, which sell merchandise, such as soft drinks, prepared foods, and other sundries in Hawaii under the Hele, 76, and nomnom brands; and gasoline, diesel, and retail merchandise in Washington and Idaho under the Cenex, nomnom, and Zip Trip brand names. The Logistics segment owns and operates terminals, pipelines, a single point mooring, and trucking operations to distribute refined products throughout the island of Oahu, Maui, Hawaii, Molokai, and Kauai. It also leases marine vessels; owns and operates a crude oil pipeline gathering system, a refined products pipeline, storage facilities, and loading racks in Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. In addition, this segment owns and operates a marine terminal, a unit train-capable rail loading terminal, storage facilities, a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.

Par Pacific Holdings Inc

825 Town & Country Lane, Houston, TX, United States, 77024

Key Executives

Name Title Year Born
Mr. William C. Pate Pres, CEO & Director 1964
Mr. William Monteleone Exec. VP, CFO & Director 1984
Mr. Eric P. Wright Pres of Par Hawaii, LLC NA
Mr. Ivan Daniel Guerra VP, Chief Accounting Officer & Controller 1983
Mr. Ryan Kelley Sr. VP & Chief Information Officer NA
Ashimi Patel Director of Investor Relations NA
Mr. Jeffrey R. Hollis VP, Gen. Counsel & Sec. 1983
Mr. Matthew Legg SVP & Chief HR Officer NA
Mr. Jim Yates Exec. VP of Retail 1960
Mr. Suneel Mandava Sr. VP of Fin. 1974

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