{
  "url": "https://struct.news/briefs/par-pacifics-538-million-operating-income-jump-left-just-16-million-more-cash",
  "title": "Par Pacific’s $538 million operating-income jump left just $16 million more cash",
  "summary": "Inventory climbed 38.4% year over year as the refiner turned higher prices into a much larger working-capital bill.",
  "published_at": "2026-08-05T18:54:08.987241+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Par Pacific Holdings, Inc. Comm",
    "ticker": "PARR",
    "cik": "821483",
    "sector": "Energy",
    "industry": "Oil & Gas Refining & Marketing"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0000821483-26-000014",
    "url": "https://www.sec.gov/Archives/edgar/data/821483/000082148326000014/parr-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/821483/000082148325000029/parr-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "PARR at the latest close",
      "label": "Last close",
      "value": 82.94,
      "display": "$82.94",
      "unit": "usd_per_share",
      "period": "2026-08-04",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-04"
      }
    },
    {
      "group": "PARR at the latest close",
      "label": "One-day move",
      "value": -0.12042389210020765,
      "display": "-0.1%",
      "unit": "percent",
      "period": "2026-08-04",
      "detail": null,
      "source": {
        "kind": "market_data",
        "label": "Observed market close",
        "as_of": "2026-08-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "pricing",
      "statement": "Higher refined-product prices drove a larger inventory balance and increased receivables in the latest reported period.",
      "importance": "medium",
      "evidence": "a $222.5 million increase in Inventories driven by an increase in refined product inventory due to higher prices, a $206.6 million increase in Accounts receivable primarily driven by timing of collections and increased pricing",
      "source_date": "2026-08-05"
    },
    {
      "type": "interest_rates",
      "statement": "Interest expense and financing costs declined as Term Loan rates and ABL balances fell, partly offset by the new 2034 Notes.",
      "importance": "medium",
      "evidence": "our interest expense and financing costs were $14.3 million, a decrease of $7.8 million compared to $22.1 million for the three months ended June 30, 2025, primarily due to a decrease in interest expense related to lower Term Loan Credit Agreement interest rates",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "PARR"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}