For the quarter ending 2026-03-31, PARR had $8,056K increase in cash & cash equivalents over the period. -$83,777K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | - | - | 262,631 | 29,060 |
| Net income (loss) | 46,151 | 367,088 | - | - |
| Loss (gain) on sale of assets, net | - | - | -23 | 1,225 |
| Depreciation and amortization | 34,460 | 36,743 | 36,284 | 71,298 |
| Debt extinguishment and commitment costs | 0 | -1,120 | 0 | -25 |
| Non-cash interest expense | 2,189 | 2,137 | 1,650 | 3,084 |
| Non-cash lower of cost and net realizable value adjustment | 785 | -1,099 | -1,757 | 2,288 |
| Deferred taxes | 10,626 | 19,154 | 72,688 | 8,579 |
| Other operating loss, net | -851 | 7,220 | - | - |
| Stock-based compensation | 3,852 | 4,838 | 3,739 | 8,022 |
| Unrealized (gain) loss on derivative contracts | -76,879 | -15,055 | 3,840 | 37,523 |
| Equity earnings from laramie energy, llc | 9,179 | 12,524 | 8,202 | 2,582 |
| Equity earnings from refining and logistics investments | 5,829 | 5,106 | 6,353 | 14,819 |
| Dividends received from refining and logistics investments | 2,823 | 3,120 | 4,975 | 5,840 |
| Trade accounts receivable | 168,835 | -35,777 | -37,450 | -11,447 |
| Prepaid and other assets | 88,396 | -42,182 | 120 | 4,220 |
| Inventories | 132,637 | -120,944 | 311,630 | -46,582 |
| Deferred turnaround expenditures | 17,926 | 1,231 | -497 | 100,508 |
| Obligations under inventory financing agreements | 125,806 | -106,424 | 79,727 | -33,204 |
| Accounts payable, other accrued liabilities, and operating lease rou assets and liabilities | 79,243 | -132,463 | 48,082 | 144,611 |
| Net cash used in operating activities | -40,707 | 93,800 | 219,358 | 132,179 |
| Acquisitions of businesses, net of cash acquired | - | 0 | - | - |
| Capital expenditures | 43,070 | 27,535 | 32,279 | 89,059 |
| Proceeds from sale of assets and other | 0 | 3,807 | 11 | 2,271 |
| Return of capital from laramie energy, llc and return of capital from refining and logistics investments-Laramie Energy LLC | - | 0 | - | - |
| Return of capital from laramie energy, llc | - | - | 0 | 0 |
| Return of capital from laramie energy, llc and return of capital from refining and logistics investments-Refining And Logistics Investments | - | 0 | - | - |
| Net cash used in investing activities | -43,070 | -23,728 | -32,268 | -86,788 |
| Issuance of subsidiary units | - | 100,000 | - | - |
| Proceeds from borrowings | 1,452,000 | 1,007,000 | 1,707,810 | 3,306,000 |
| Proceeds from inventory financing agreements | - | 27,195 | 3,081 | 25,122 |
| Repayments of borrowings | 1,308,720 | 1,172,625 | 1,861,043 | 3,319,617 |
| Net borrowings (repayments) of deferred payment arrangements and receivable advances | - | 0 | 0 | 0 |
| Payment of deferred loan costs | 0 | 1,867 | 342 | 47 |
| Purchase of common stock for retirement | 36,702 | 27,568 | 16,442 | 80,835 |
| Proceeds from exercise of stock options | 3,504 | - | - | - |
| Repayments of inventory financing agreements | - | 0 | 28,204 | 0 |
| Exercise of stock options | 18,189 | -2,702 | 2,089 | - |
| Payments for debt extinguishment and commitment costs | 62 | 918 | 0 | 25 |
| Other financing activities, net | 2 | 1,068 | 0 | 1,288 |
| Net cash provided by (used in) financing activities | 91,833 | -65,013 | -197,229 | -68,114 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 8,056 | 5,059 | -10,139 | -22,723 |
| Cash, cash equivalents, and restricted cash at beginning of period | 164,464 | 159,405 | 192,267 | - |
| Cash, cash equivalents, and restricted cash at end of period | 172,520 | 164,464 | 159,405 | - |
PAR PACIFIC HOLDINGS, INC. (PARR)
PAR PACIFIC HOLDINGS, INC. (PARR)