Par Pacific (PARR) Set to Announce Quarterly Earnings on Tuesday

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Par Pacific (NYSEAMERICAN:PARR) will issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.32 per share for the quarter.

Par Pacific (NYSEAMERICAN:PARR) last announced its quarterly earnings data on Tuesday, August 7th. The oil and gas company reported $0.29 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.25 by $0.04. Par Pacific had a return on equity of 17.03% and a net margin of 2.87%. The firm had revenue of $856.40 million for the quarter, compared to analysts’ expectations of $654.70 million. On average, analysts expect Par Pacific to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of NYSEAMERICAN:PARR opened at $17.33 on Tuesday. Par Pacific has a 12-month low of $16.42 and a 12-month high of $21.85. The company has a quick ratio of 0.35, a current ratio of 1.09 and a debt-to-equity ratio of 0.71.

A number of research analysts have recently issued reports on the company. Zacks Investment Research raised Par Pacific from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research note on Wednesday, July 25th. Cowen cut Par Pacific from an “outperform” rating to a “market perform” rating and set a $22.00 price objective on the stock. in a research note on Wednesday, September 12th.

Par Pacific Company Profile

Par Pacific Holdings, Inc owns, manages, and maintains interests in energy and infrastructure businesses. It operates through three segments: Refining, Retail, and Logistics. The Refining segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products.

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Earnings History for Par Pacific (NYSEAMERICAN:PARR)

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