Par Pacific Holdings, Inc. (PARR) financial statements (2021 and earlier)

Company profile

Business Address 825 TOWN & COUNTRY LANE
HOUSTON, TX 77024
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments68 7511848168
Cash and cash equivalents68 7511848168
Restricted cash and investments   111
Receivables112 16012210268
Inventory, net of allowances, customer advances and progress billings430 322345198219
Inventory430 322345198219
Prepaid expense15 8887
Derivative instruments and hedges, assets1 5405
Other current assets7 13557
Other undisclosed current assets3 404157
Total current assets:636 587604403532
Noncurrent Assets
Finance lease, right-of-use asset9 
Operating lease, right-of-use asset357 
Property, plant and equipment188 538450451195
Long-term investments and receivables  13712710976
Long-term investments  13712710976
Intangible assets, net (including goodwill)147 17713413676
Goodwill128 15310710641
Intangible assets, net (excluding goodwill)19 24273034
Other noncurrent assets61 22334713
Other undisclosed noncurrent assets736     
Total noncurrent assets:1,497 874744742361
TOTAL ASSETS:2,134 1,4611,3471,145892
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities335 1279813898
Accounts payable107 55536527
Accrued liabilities200 55277269
Taxes payable27 1718  
Settlement liabilities1 1111
Deferred revenue4 
Debt61 0 2011
Business combination, contingent consideration, liability     20
Customer advances and deposits10  
Other undisclosed current liabilities479 380363225237
Total current liabilities:879 507471383365
Noncurrent Liabilities
Long-term debt and lease obligation961 399386352155
Long-term debt, excluding current maturities649 393385350154
Finance lease, liability8 
Capital lease obligations6121
Operating lease, liability304 
Liabilities, other than long-term debt48 37363731
Other liabilities48 37363715
Business combination, contingent consideration, liability     8
Derivative instruments and hedges, liabilities     8
Other undisclosed noncurrent liabilities  575 
Total noncurrent liabilities:1,009 441429394187
Total liabilities:1,888 948900777552
Stockholders' equity
Stockholders' equity attributable to parent246 512448369341
Common stock1 0000
Additional paid in capital727 618593587515
Accumulated other comprehensive income (loss)(4) 322 
Accumulated deficit(477) (109)(148)(221)(175)
Total stockholders' equity:246 512448369341
TOTAL LIABILITIES AND EQUITY:2,134 1,4611,3471,145892

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues3,125 3,4112,4431,8652,066
Cost of revenue(3,032) (3,053)(2,097)(1,636)(1,787)
Cost of goods and services sold(2,969) (7)(6)(0)(5)
Gross profit:92 358346229279
Operating expenses(410) (276)(252)(213)(192)
Other undisclosed operating loss    (32)(25)
Operating income (loss):(318) 8294(16)62
Nonoperating expense(112) (42)(23)(37)(118)
Investment income, nonoperating     (18)
Interest and debt expense(70) (40)(9)(29) 
Income (loss) from continuing operations before equity method investments, income taxes:(500) (0)63(82)(57)
Other undisclosed income from continuing operations before income taxes70 40929 
Income (loss) from continuing operations before income taxes:(430) 4071(54)(57)
Income tax expense (benefit)21 (0)1817
Net income (loss) attributable to parent:(409) 3973(46)(40)
Other undisclosed net loss available to common stockholders, basic  (1)(1)  
Net income (loss) available to common stockholders, diluted:(409) 3972(46)(40)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(409) 3973(46)(40)
Other comprehensive income (loss)(4) 1(0)20
Comprehensive income (loss), net of tax, attributable to parent:(413) 4073(44)(39)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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