NYSE:PARROil and Gas
What Par Pacific Holdings (PARR)'s Rising EPS On Falling Revenue Means For Shareholders
Par Pacific Holdings is expected to report an earnings per share of US$1.28 for its latest quarter, reflecting a very large year-over-year increase, even as quarterly revenue is projected to fall by 8.2% compared with the prior year.
This combination of stronger profitability on lower sales, together with the company’s history of beating earnings and revenue estimates, is drawing attention to how efficiently Par Pacific is currently converting its refining operations into bottom-line...