Par Petroleum Reports Q4 Earnings

Houston-based oil and gas company misses Wall Street expectations

Published on Feb. 24, 2026

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Par Petroleum Corp. reported fourth-quarter net income of $77.7 million, or $1.53 per share. Adjusted earnings came to $1.17 per share, missing the average analyst estimate of $1.21 per share. The independent oil and gas company posted revenue of $1.81 billion in the quarter.

Why it matters

Par Petroleum's quarterly earnings report provides insight into the financial performance and outlook of the Houston-based independent oil and gas company, which is an important indicator of the broader energy industry's health and trends.

The details

Par Petroleum reported adjusted earnings of $1.17 per share for the fourth quarter, falling short of the $1.21 per share that analysts had expected. The company posted revenue of $1.81 billion for the quarter. For the full year, Par Petroleum reported a profit of $369.4 million, or $7.16 per share, on revenue of $7.46 billion.

  • Par Petroleum reported its fourth-quarter earnings on Tuesday, February 24, 2026.

The players

Par Petroleum Corp.

An independent oil and gas company based in Houston, Texas.

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The takeaway

Par Petroleum's fourth-quarter earnings miss highlights the ongoing challenges facing the energy industry, as companies navigate volatile commodity prices and market conditions.