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Last $18.54 USD
Change Today +0.16 / 0.87%
Volume 41.3K
PARR On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 1:15 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

par petroleum corp (PARR) Snapshot

Open
$18.70
Previous Close
$18.38
Day High
$19.18
Day Low
$18.23
52 Week High
04/15/15 - $25.67
52 Week Low
11/18/14 - $12.53
Market Cap
688.0M
Average Volume 10 Days
136.9K
EPS TTM
$0.36
Shares Outstanding
37.1M
EX-Date
--
P/E TM
51.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for PAR PETROLEUM CORP (PARR)

par petroleum corp (PARR) Related Businessweek News

No Related Businessweek News Found

par petroleum corp (PARR) Details

Par Petroleum Corporation operates as a diversified energy company in the United States. It operates through three segments: Refining, Distribution and Marketing; Natural Gas and Oil Operations; and Commodity Marketing and Logistics. The Refining, Distribution and Marketing segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. It distributes its products through wholesale, retail, and bulk channels. This segment also operates refined products terminals, pipelines, a single-point mooring, and retail outlets, which distribute gasoline and diesel fuel in Hawaii. The Natural Gas and Oil Operations segment, through its interests in Piceance Energy, LLC, focuses on producing natural gas in Garfield and Mesa Counties, Colorado; and owns non-operating interests in Colorado and offshore California, and an overriding royalty interest in New Mexico. The Commodity Marketing and Logistics segment is involved in sourcing, marketing, transporting, and distributing crude oil and refined products in the Western United States and Canada to the refining hubs in the Midwest, Gulf Coast, and East Coast regions of the United States. The company was formerly known as Delta Petroleum Corporation and changed its name to Par Petroleum Corporation in August 2012. Par Petroleum Corporation was founded in 1984 and is headquartered in Houston, Texas.

577 Employees
Last Reported Date: 03/12/15
Founded in 1984

par petroleum corp (PARR) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: $508.2K
Senior Vice President of Mergers & Acquisitio...
Total Annual Compensation: $389.6K
Senior Vice President and General Counsel
Total Annual Compensation: $291.1K
Chief Legal Officer, Senior Vice President an...
Total Annual Compensation: $145.8K
Compensation as of Fiscal Year 2014.

par petroleum corp (PARR) Key Developments

Par Petroleum Corporation Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Par Petroleum Corporation announced consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company generated a net income of $11.723 million, or $0.31 per basic and diluted share, compared to a net loss of $24.677 million, or $0.81 per basic and diluted share for the same period last year. The company recorded an $18.6 million tax benefit in the second quarter of 2015 for the release of a valuation allowance due to the Mid Pac Acquisition. The company also recorded a non-cash loss of $19.2 million in the second quarter primarily related to the termination of the Supply and Exchange Agreement with Barclays Bank PLC that was previously announced in June 2015. Net income for the second quarter 2015 also included an aggregate non-cash loss of $6.2 million related to the contingent consideration under the Company's purchase agreement with Tesoro and the revaluation of common stock warrants, compared to an aggregate gain of $2.4 million for the second quarter 2014. Excluding the impact of those four items, adjusted net income was $17.083 million, or $0.46 per basic and diluted share for the second quarter 2015 against adjusted net loss of $24.504 million, or $0.81 per basic and diluted share a year ago. Adjusted EBITDA for the second quarter was $30.841 million compared to an adjusted LBITDA of $18.575 million in last year's second quarter. Total operating Revenue was $583.759 million against $802.137 million a year ago. Operating income was $27.460 million against operating loss of $24.380 million a year ago. Loss before income taxes was $6.884 million against $24.675 million a year ago. In the second quarter 2015, net cash from operations totaled $98.6 million and the company had net repayments of debt, including loan costs, of $23.3 million. For the six months, the company reported total operating revenues of $1,127.370 million against $1,545.383 million a year ago. Operating income was $45.317 million against operating loss of $39.182 million a year ago. Loss before income taxes was $6.357 million against $39.208 million a year ago. Net income was $12.185 million or $0.32 per basic and diluted share against net loss of $39,245 million or $1.29 per basic and diluted share a year ago. Adjusted EBITDA was $53.241 million against adjusted LBITDA of $27.510 a year ago. Adjusted net income was $28.784 million or $0.77 per basic and diluted share against adjusted net loss of $27,510 million or $1.32 per basic and diluted share a year ago.

Par Petroleum Corporation(AMEX:PARR) added to Russell 2000 Index

Par Petroleum Corporation will be added to Russell 2000 Index

Par Petroleum Corporation(AMEX:PARR) added to Russell 3000 Index

Par Petroleum Corporation will be added to the Russell 3000 Index.

 

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Industry Analysis

PARR

Industry Average

Valuation PARR Industry Range
Price/Earnings 0.5x
Price/Sales 0.0x
Price/Book 0.0x
Price/Cash Flow 0.1x
TEV/Sales NM Not Meaningful
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