Par Petroleum (PARR) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended December 2025, Par Petroleum (PARR) reported revenue of $1.81 billion, down 1% over the same period last year. EPS came in at $1.17, compared to -$0.79 in the year-ago quarter.

The reported revenue represents a surprise of +5.9% over the Zacks Consensus Estimate of $1.71 billion. With the consensus EPS estimate being $1.21, the EPS surprise was -2.91%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Par Petroleum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Refining - Feedstocks Throughput: 190900 millions of barrels of oil versus the three-analyst average estimate of 189129.2 millions of barrels of oil.
• Hawaii Refinery - Feedstocks Throughput: 87.10 MMBBL/D compared to the 85.96 MMBBL/D average estimate based on three analysts.
• Washington Refinery - Feedstocks Throughput: 37.00 MMBBL/D versus 36.08 MMBBL/D estimated by three analysts on average.
• Wyoming Refinery - Feedstocks Throughput: 14.40 MMBBL/D compared to the 15.53 MMBBL/D average estimate based on three analysts.
• Montana Refinery - Feedstocks Throughput: 52.40 MMBBL/D compared to the 51.55 MMBBL/D average estimate based on three analysts.
• Adjusted Gross Margin per bbl - Washington Refinery: $8.32 versus $6.39 estimated by two analysts on average.
• Production costs per bbl ($/throughput bbl) - Wyoming Refinery: $13.27 versus the two-analyst average estimate of $10.25.
• Production costs per bbl ($/throughput bbl) - Washington Refinery: $4.57 compared to the $4.08 average estimate based on two analysts.
• Production costs per bbl ($/throughput bbl) - Hawaii Refinery: $4.15 versus the two-analyst average estimate of $4.70.
• Revenues- Refining: $1.75 billion versus the two-analyst average estimate of $1.57 billion. The reported number represents a year-over-year change of -1.2%.
• Revenues- Retail: $142.28 million compared to the $145.87 million average estimate based on two analysts. The reported number represents a change of +0.5% year over year.
• Revenues- Logistics: $73.71 million versus $74 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -4.9% change.

View all Key Company Metrics for Par Petroleum here>>>

Shares of Par Petroleum have returned +22.5% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Par Pacific Holdings, Inc. (PARR): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research