Par Pacific Holdings Inc is an energy and logistics company that primarily focuses on the refining, transportation, and marketing of petroleum and related products
The company operates refineries that convert crude oil into various fuels and chemicals, while also engaging in the distribution of these products through a network of terminals and transportation assets. Additionally, Par Pacific is involved in retail operations, providing fuel and convenience products to consumers through branded gas stations. Their integrated approach combines refining operations with logistics and retail, enabling them to effectively serve diverse markets and meet customer demands.
According to FinChat data, the company reported a net loss of $0.79 per share on an adjusted basis for the fourth quarter, while analysts, on average, expected it to post a loss of $0.97 per share.
