In This Article:
Par Pacific Holdings (NYSE:PARR) Full Year 2024 Results
Key Financial Results
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Revenue: US$7.97b (down 3.1% from FY 2023).
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Net loss: US$33.3m (down by 105% from US$728.6m profit in FY 2023).
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US$0.59 loss per share (down from US$12.14 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Par Pacific Holdings Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 4.1%.
Looking ahead, revenue is expected to decline by 7.5% p.a. on average during the next 2 years, while revenues in the Oil and Gas industry in the US are expected to grow by 4.3%.
Performance of the American Oil and Gas industry.
The company's shares are down 11% from a week ago.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Par Pacific Holdings that you need to take into consideration.
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