Par Petroleum: Q1 Earnings Snapshot
By AP News - May 06, 2025, 05:11 PM ET
Last Updated - May 06, 2025, 05:11 PM EDT
HOUSTON (AP) — HOUSTON (AP) — Par Petroleum Corp. (PARR) on Tuesday reported a loss of $30.4 million in its first quarter.
On a per-share basis, the Houston-based company said it had a loss of 57 cents. Losses, adjusted for non-recurring gains, were 94 cents per share.
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The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 77 cents per share.
The independent oil and gas company posted revenue of $1.75 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PARR at https://www.zacks.com/ap/PARR
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