First 10 runs free
    Intelligence Feed event · Equity · 2026-11-04

    Par Petroleum tops Q3 EPS expectations by 60.9% on refining strength

    Question

    Par Petroleum tops Q3 EPS expectations by 60.9% on refining strength

    Direct answer

    Par Petroleum posted third-quarter 2026 revenue of $3.05 billion, outpacing Wall Street estimates by nearly 29% and recording a 51.6% increase relative to the prior-year period. Earnings per share came in at $10.70 compared to analyst forecasts of $6.65, driven by strong operational realization across its downstream refining assets.

    Original publisher
    Market Ontology
    Evidence through
    2026-11-04
    Published
    2026-11-04
    Revision
    1 · 2026-11-10

    Cite as: Market Ontology, “Par Petroleum tops Q3 EPS expectations by 60.9% on refining strength”, revision 1, evidence through 2026-11-04. https://marketontology.com/market-events/2026-11-04/par-petroleum-tops-q3-eps-expectations-by-60-9-on-refining-strength-82f5a4

    EQUITY
    Par Petroleum tops Q3 EPS expectations by 60.9% on refining strength
    Par Petroleum posted third-quarter 2026 revenue of $3.05 billion, outpacing Wall Street estimates by nearly 29% and recording a 51.6% increase relative to the prior-year period. Earnings per share came in at $10.70 compared to analyst forecasts of $6.65, driven by strong operational realization across its downstream refining assets.
    PARRUSO
    Impact
    73
    NOV 4
    SIG
    85%
    PARRUSO
    Par Petroleum tops Q3 EPS expectations by 60.9% on refining strength
    Par Petroleum posted third-quarter 2026 revenue of $3.05 billion, outpacing Wall Street estimates by nearly 29% and recording a 51.6% increase relative to the prior-year period. Earnings per share came in at $10.70 compared to analyst forecasts of $6.65, driven by strong operational realization across its downstream refining assets.
    → High refining capture rates and fuel throughput pass through to PARR cash generation, supporting independent refiner multiples.
    Impact
    Par Petroleum posted third-quarter 2026 revenue of $3.05 billion, outpacing Wall Street estimates by nearly 29% and recording a 51.6% increase relative to the prior-year period. Earnings per share came in at $10.70 compared to analyst forecasts of $6.65, driven by strong operational realization across its downstream refining assets.
    Affected
    PARRUSO
    Transmission
    High refining capture rates and fuel throughput pass through to PARR cash generation, supporting independent refiner multiples.

    How this development reaches the affected companies

    AssetExposure and channelDirectionEvidence
    PARRoperating cash flow expansion via realized crack spreadsUp1-5dZacks Investment Research reported Q3 EPS of $10.70 versus $6.65 consensus.
    USOrefinery crude demand absorptionWatchintradayRefining volume growth reflects processing demand for crude feedstocks.

    Does this development affect your holdings?

    Enter your holdings to check them against this and other recent developments, review the decision that matters most, then set a monitor.

    Check this development against my holdings

    Review your initial audit before choosing ongoing portfolio scanning at $79/month.

    What happened next

    AssetCallBase close+1 day+5 days+20 days
    USOWatch145.41 2026-11-04+1.93%PendingPending

    Closing prices from stored daily bars; returns measured from the last close on or before the event date. Not a recommendation.

    No verifiable public source recorded for this card.

    Related

    Check this development against my holdings

    Find trades for this development

    Screen tradable expressions of this catalyst against your horizon and constraints. Nothing is submitted without your review.

    First 10 runs free

    First 10 runs free

    See today's live cards

    Public pages are published 24 hours after the product shows them. The product shows every catalyst, event and causal reading as it happens, mapped to your holdings.

    Open live cards