Why did PARR's Q2 2024 EPS fall short?

Par Pacific Holdings, Inc. (PARR) experienced a shortfall in its Q2 2024 earnings per share (EPS) due to several key factors: 1. **Lower Margins and Throughput Impacts**: The company's Washington refinery faced lower margins and throughput impacts due to planned maintenance activities, which significantly contributed to the decline in earnings. 2. **Increased Electricity Costs and Pre-Turnaround Related Operational Expenses**: These increased costs, amounting to approximately $5 million, adversely affected the company's profitability, thereby impacting the EPS. In summary, the shortfall in PARR's Q2 2024 EPS can be attributed to a combination of lower margins and throughput impacts, and increased operational expenses.