Zacks Investment Research
04 Nov 2026, 02:30 UTC · 1h ago
Par Petroleum (PARR) Reports Q3 Earnings: What Key Metrics Have to Say
Impact · against what's priced in
Par Petroleum's Q3 results represent a significant catalyst as the magnitude of the earnings beat (60.9%) and revenue growth (51.6%) supports the bull case that the market had previously declined to bet on. This performance suggests that refining profitability is staying elevated well beyond the normalized levels the current price assumes.
- PARR+0.50
Challenges what's priced in
- The price assumes
The bull case for sustained $750M+ refining EBITDA and $950M total EBITDA that would justify the $104 target
The price previously declined to bet on sustained peak profitability, but a 60.9% EPS beat ($10.70 vs $6.65 consensus) and 51.6% year-over-year revenue growth suggest the higher-end EBITDA targets are achievable.
What PARR's price assumes · Sep 21
Search tags
