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.