Par Pacific Holdings Reports First Quarter 2023 Results
HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2023.
- HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2023.
- First quarter 2023 Adjusted Net Income was $137.5 million, compared to an Adjusted Net Loss of $(27.4) million in the first quarter of 2022.
- First quarter 2023 Adjusted EBITDA was $167.6 million, compared to $12.4 million in the first quarter of 2022.
- Refining segment Adjusted EBITDA was $152.7 million in the first quarter of 2023, compared to $4.5 million in the first quarter of 2022.