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Par Pacific Holdings (Par Pacific Holdings) Retained Earnings : $466 Mil (As of Dec. 2023)


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What is Par Pacific Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Par Pacific Holdings's retained earnings for the quarter that ended in Dec. 2023 was $466 Mil.

Par Pacific Holdings's quarterly retained earnings increased from Jun. 2023 ($65 Mil) to Sep. 2023 ($209 Mil) and increased from Sep. 2023 ($209 Mil) to Dec. 2023 ($466 Mil).

Par Pacific Holdings's annual retained earnings increased from Dec. 2021 ($-559 Mil) to Dec. 2022 ($-201 Mil) and increased from Dec. 2022 ($-201 Mil) to Dec. 2023 ($466 Mil).


Par Pacific Holdings Retained Earnings Historical Data

The historical data trend for Par Pacific Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Par Pacific Holdings Retained Earnings Chart

Par Pacific Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.94 -477.03 -559.12 -200.69 465.86

Par Pacific Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -200.69 37.20 64.62 208.72 465.86

Par Pacific Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Par Pacific Holdings  (NYSE:PARR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Par Pacific Holdings (Par Pacific Holdings) Business Description

Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
Executives
William Pate director
Shawn David Flores officer: See Remarks 825 TOWN & COUNTRY LN., SUITE 1500, HOUSTON TX 77024
William Monteleone director, officer: Senior VP of M&A TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffrey Ryan Hollis officer: General Counsel and Secretary 825 TOWN & COUNTRY LANE, SUITE 825, HOUSTON TX 77024
Patricia Martinez director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Aaron Zell director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Danielle Mattiussi officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Jim Yates officer: Senior Vice President ONE MEMORIAL PLAZA, 800 GESSNER ROAD SUITE 875, HOUSTON TX 77024
L Melvin Cooper director 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Chai Trust Co Llc 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Zell Credit Opportunities Master Fund, L.p. 10 percent owner 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Ivan Daniel Guerra officer: Corporate Controller 800 GESSNER RD., SUITE 875, HOUSTON TX 77024
Richard Creamer officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Melvyn N Klein director 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024

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