$PARR
Par Pacific Holdings Inc Stock $parr

$parr Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000144530514002456 Filed on June 02, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$743.2M	$64.89M
YoY Change	1045.46%	555.41%
Cost Of Revenue	$713.1M	$53.38M
YoY Change	1235.86%	760.97%
Gross Profit	$30.16M	$11.51M
YoY Change	162.14%	202.79%
Gross Profit Margin	4.06%	17.73%
Selling, General & Admin	$4.900M	$6.600M
YoY Change	-25.76%	65.0%
% of Gross Profit	16.25%	57.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.061M	$767.0K
YoY Change	299.09%	-85.53%
% of Gross Profit	10.15%	6.67%
Operating Expenses	$758.0M	$62.29M
YoY Change	1117.06%	548.8%
Operating Profit	-$14.80M	$2.601M
YoY Change	-669.09%	-144.84%
Interest Expense	$3.507M	-$7.500M
YoY Change	-146.76%	226.09%
% of Operating Profit		-288.35%
Other Income/Expense, Net	$269.0K	-$6.767M
YoY Change	-103.98%
Pretax Income	-$14.53M	-$4.166M
YoY Change	248.85%	-48.57%
Income Tax	$35.00K	$650.0K
% Of Pretax Income
Net Earnings	-$14.57M	-$4.816M
YoY Change	202.49%	-64.33%
Net Earnings / Revenue	-1.96%	-7.42%
Basic Earnings Per Share	-$0.48	-$0.30
Diluted Earnings Per Share	-$0.48	-$0.30
COMMON SHARES
Basic Shares Outstanding	30.39M shares	16.02M shares
Diluted Shares Outstanding	30.39M shares	16.02M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$20.70M	$14.70M
YoY Change	40.82%	72.94%
Cash & Equivalents	$20.68M	$14.68M
Short-Term Investments
Other Short-Term Assets	$9.000M	$16.70M
YoY Change	-46.11%	255.32%
Inventory	$416.8M	$13.30M
Prepaid Expenses
Receivables	$96.98M	$20.50M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$543.4M	$65.20M
YoY Change	733.49%	328.95%
LONG-TERM ASSETS
Property, Plant & Equipment	$109.1M	$5.600M
YoY Change	1848.98%	-98.42%
Goodwill	$20.60M
YoY Change
Intangibles	$10.27M
YoY Change
Long-Term Investments	$101.6M	$102.3M
YoY Change	-0.71%	2664.86%
Other Assets	$25.21M	$0.00
YoY Change		-100.0%
Total Long-Term Assets	$266.8M	$123.9M
YoY Change	115.34%	-65.52%
TOTAL ASSETS
Total Short-Term Assets	$543.4M	$65.20M
Total Long-Term Assets	$266.8M	$123.9M
Total Assets	$810.2M	$189.1M
YoY Change	328.47%	-49.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$35.68M	$15.50M
YoY Change	130.21%	10.71%
Accrued Expenses	$40.90M	$8.800M
YoY Change	364.77%	3.53%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due	$2.600M	$36.80M
YoY Change	-92.93%	-68.0%
Total Short-Term Liabilities	$473.6M	$61.10M
YoY Change	675.17%	-81.66%
LONG-TERM LIABILITIES
Long-Term Debt	$88.90M	$16.30M
YoY Change	445.4%
Other Long-Term Liabilities	$6.742M	$13.70M
YoY Change	-50.79%	291.43%
Total Long-Term Liabilities	$95.64M	$30.00M
YoY Change	218.81%	757.14%
TOTAL LIABILITIES
Total Short-Term Liabilities	$473.6M	$61.10M
Total Long-Term Liabilities	$95.64M	$30.00M
Total Liabilities	$596.2M	$91.10M
YoY Change	554.44%	-72.94%
SHAREHOLDERS EQUITY
Retained Earnings	-$102.6M
YoY Change
Common Stock	$302.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$287.0K
YoY Change
Treasury Stock Shares	12.66K shares
Shareholders Equity	$214.0M	$98.00M
YoY Change
Total Liabilities & Shareholders Equity	$810.2M	$189.1M
YoY Change	328.47%	-49.51%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	-$14.57M	-$4.816M
YoY Change	202.49%	-64.33%
Depreciation, Depletion And Amortization	$3.061M	$767.0K
YoY Change	299.09%	-85.53%
Cash From Operating Activities	-$7.892M	-$8.626M
YoY Change	-8.51%	139.61%
INVESTING ACTIVITIES
Capital Expenditures	$2.018M	$10.00K
YoY Change	20080.0%	-101.43%
Acquisitions	$582.0K
YoY Change
Other Investing Activities	-$600.0K	$2.600M
YoY Change	-123.08%
Cash From Investing Activities	-$2.600M	$2.622M
YoY Change	-199.16%	-474.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$287.0K	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$6.891M	$14.50M
YoY Change	-147.52%
NET CHANGE
Cash From Operating Activities	-$7.892M	-$8.626M
Cash From Investing Activities	-$2.600M	$2.622M
Cash From Financing Activities	-$6.891M	$14.50M
Net Change In Cash	-$17.38M	$8.496M
YoY Change	-304.6%	-297.58%
FREE CASH FLOW
Cash From Operating Activities	-$7.892M	-$8.626M
Capital Expenditures	$2.018M	$10.00K
Free Cash Flow	-$9.910M	-$8.636M
YoY Change	14.75%	197.79%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	28870000	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	35683000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	117493000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3968000	USD
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	96981000	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	6017000	USD
CY2014Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	316602000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	315975000	USD
CY2014Q1	us-gaap	Assets Assets	810235000	USD
CY2013Q4	us-gaap	Assets Assets	813213000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	543434000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	544501000	USD
CY2014Q1	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	3772000	USD
CY2013Q4	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	3793000	USD
CY2013Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	0	USD
CY2014Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	-2465000	USD
CY2014Q1	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	2851000	USD
CY2013Q1	us-gaap	Business Combination Integration Related Costs BusinessCombinationIntegrationRelatedCosts	275000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20678000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38061000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6185000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14681000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-17383000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	8496000	USD
CY2013Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	959213	shares
CY2014Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	790683	shares
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	30151000	shares
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	30156038	shares
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	301000	USD
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	302000	USD
CY2014Q1	us-gaap	Cost Of Revenue CostOfRevenue	713084000	USD
CY2013Q1	us-gaap	Cost Of Revenue CostOfRevenue	53380000	USD
CY2013Q4	us-gaap	Crude Oil And Natural Gas Liquids CrudeOilAndNaturalGasLiquids	137706000	USD
CY2014Q1	us-gaap	Crude Oil And Natural Gas Liquids CrudeOilAndNaturalGasLiquids	159529000	USD
CY2014Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-35000	USD
CY2013Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	216000	USD
CY2014Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	181000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3061000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	767000	USD
CY2014Q1	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	15759000	USD
CY2013Q4	us-gaap	Derivative Liabilities Noncurrent DerivativeLiabilitiesNoncurrent	17336000	USD
CY2013Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2014Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	USD
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.48
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.30
CY2013Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.30
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.48
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.30
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.48
CY2013Q1	us-gaap	Embedded Derivative Fair Value Of Embedded Derivative Liability EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability	285000	USD
CY2014Q1	us-gaap	Equity Method Investments EquityMethodInvestments	101575000	USD
CY2013Q4	us-gaap	Equity Method Investments EquityMethodInvestments	101796000	USD
CY2014Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-1577000	USD
CY2013Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	2000000	USD
CY2014Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	0	USD
CY2013Q1	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-33000	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	50000	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	0	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4934000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6625000	USD
CY2014Q1	us-gaap	Goodwill Goodwill	20603000	USD
CY2013Q4	us-gaap	Goodwill Goodwill	20603000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-14533000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4166000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-2360000	USD
CY2014Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-221000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	650000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	35000	USD
CY2013Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-21000	USD
CY2014Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-509000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-7905000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	11856000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-20512000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2794000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	0	USD
CY2014Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	254000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	71000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-6000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-269000	USD
CY2014Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	557000	USD
CY2014Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10270000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	11170000	USD
CY2013Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-3136000	USD
CY2014Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-3507000	USD
CY2014Q1	us-gaap	Interest Paid InterestPaid	1138000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	49000	USD
CY2013Q4	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	13831000	USD
CY2014Q1	us-gaap	Inventory Crude Oil Products And Merchandise InventoryCrudeOilProductsAndMerchandise	14102000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	380623000	USD
CY2014Q1	us-gaap	Inventory Net InventoryNet	416796000	USD
CY2013Q1	us-gaap	Lease Operating Expense LeaseOperatingExpense	1238000	USD
CY2014Q1	us-gaap	Lease Operating Expense LeaseOperatingExpense	1024000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	584949000	USD
CY2014Q1	us-gaap	Liabilities Liabilities	596198000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	810235000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	813213000	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	473629000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	453388000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	97280000	USD
CY2014Q1	us-gaap	Long Term Debt LongTermDebt	91501000	USD
CY2013Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3250000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	94030000	USD
CY2014Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	2600000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	2601000	USD
CY2014Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	88901000	USD
CY2013Q4	us-gaap	Loss Contingency Pending Claims Number LossContingencyPendingClaimsNumber	28	claim
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-6891000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14500000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	2622000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2600000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-8626000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7892000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	-14568000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-4816000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6767000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	269000	USD
CY2014Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	3	segment
CY2014Q1	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	1577000	USD
CY2013Q1	us-gaap	Oil And Gas Sales Revenue OilAndGasSalesRevenue	1560000	USD
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	62285000	USD
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	758048000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-14802000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	31956000	USD
CY2014Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	37084000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25210000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	26539000	USD
CY2014Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	33094000	USD
CY2013Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	0	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	6473000	USD
CY2014Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	6742000	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	729000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-45000	USD
CY2014Q1	us-gaap	Payments For Previous Acquisition PaymentsForPreviousAcquisition	582000	USD
CY2013Q1	us-gaap	Payments For Previous Acquisition PaymentsForPreviousAcquisition	0	USD
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	287000	USD
CY2014Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	0	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-88012000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-102580000	USD
CY2014Q1	us-gaap	Revenues Revenues	743246000	USD
CY2013Q1	us-gaap	Revenues Revenues	64886000	USD
CY2013Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	218000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2018000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10000	USD
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	3000000	shares
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	3000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	7522000	USD
CY2014Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	8228000	USD
CY2013Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	8000000	USD
CY2014Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	81100000	USD
CY2014Q1	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	51000	USD
CY2013Q1	us-gaap	Proceeds From Repayments Of Restricted Cash Financing Activities ProceedsFromRepaymentsOfRestrictedCashFinancingActivities	6500000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Other Assets1 ProceedsFromSaleOfOtherAssets1	0	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Other Assets1 ProceedsFromSaleOfOtherAssets1	2850000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	112572000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	115160000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	109143000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	108604000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	110160000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	107623000	USD
CY2014Q1	us-gaap	Proved Oil And Gas Property Successful Effort Method ProvedOilAndGasPropertySuccessfulEffortMethod	5000000	USD
CY2013Q4	us-gaap	Proved Oil And Gas Property Successful Effort Method ProvedOilAndGasPropertySuccessfulEffortMethod	4949000	USD
CY2013Q1	us-gaap	Refining And Marketing Revenue RefiningAndMarketingRevenue	0	USD
CY2014Q1	us-gaap	Refining And Marketing Revenue RefiningAndMarketingRevenue	721874000	USD
CY2013Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	USD
CY2014Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	87755000	USD
CY2014Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	751000	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	802000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	140000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	628000	USD
CY2014Q1	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	35000	USD
CY2013Q1	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	650000	USD
CY2014Q1	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	0	USD
CY2013Q1	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	1934000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	214037000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	228264000	USD
CY2014Q1	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	0.1
CY2013Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-240000	USD
CY2014Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	12657	shares
CY2013Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	0	shares
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	0	USD
CY2014Q1	us-gaap	Treasury Stock Value TreasuryStockValue	287000	USD
CY2014Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	149000	USD
CY2014Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include fair value of assets and liabilities, natural gas and oil reserves, income taxes and the valuation allowances related to deferred tax assets, derivatives, asset retirement obligations, contingencies and litigation accruals. Actual results could differ from these estimates.</font></div></div>
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30385000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16020000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30385000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16020000	shares
CY2013Q1	parr	Accrued Capital Expenditures Paid AccruedCapitalExpendituresPaid	0	USD
CY2014Q1	parr	Accrued Capital Expenditures Paid AccruedCapitalExpendituresPaid	667000	USD
CY2013Q4	parr	Bankruptcy Claims Amount Of Claims To Be Settled BankruptcyClaimsAmountOfClaimsToBeSettled	40200000	USD
CY2013Q4	parr	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	11980000	USD
CY2014Q1	parr	Business Combination Contingent Consideration Liability Noncurrent BusinessCombinationContingentConsiderationLiabilityNoncurrent	9515000	USD
CY2014Q1	parr	Capital Additionsfrom Acquisitions CapitalAdditionsfromAcquisitions	2018000	USD
CY2013Q1	parr	Capital Additionsfrom Acquisitions CapitalAdditionsfromAcquisitions	228000	USD
CY2014Q1	parr	Commodity Marketing And Logistics Revenues CommodityMarketingAndLogisticsRevenues	19795000	USD
CY2013Q1	parr	Commodity Marketing And Logistics Revenues CommodityMarketingAndLogisticsRevenues	63326000	USD
CY2014Q1	parr	Equity Investment Change Table Textblock EquityInvestmentChangeTableTextblock	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The change in our investment in Piceance Energy is as follows (in thousands): </font></div><div style="line-height:120%;padding-bottom:12px;text-align:left;padding-left:48px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:79.1015625%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="79%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="19%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Three Months Ended March 31, 2014</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning balance</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,796</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Loss from Piceance Energy </font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(363</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accretion of basis difference</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">142</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Ending balance</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">101,575</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2013Q3	parr	Exchange Agreements Numberof Renewal Option ExchangeAgreementsNumberofRenewalOption	2	renewal_option
CY2014Q1	parr	Increase Decrease In Settlement Claim Liability IncreaseDecreaseInSettlementClaimLiability	-21000	USD
CY2013Q1	parr	Increase Decrease In Settlement Claim Liability IncreaseDecreaseInSettlementClaimLiability	0	USD
CY2013Q1	parr	Increase Decreasein Inventoriesand Financing Obligations IncreaseDecreaseinInventoriesandFinancingObligations	2875000	USD
CY2014Q1	parr	Increase Decreasein Inventoriesand Financing Obligations IncreaseDecreaseinInventoriesandFinancingObligations	27202000	USD
CY2014Q1	parr	Interest Prepayments Premiums And Exit Penalty InterestPrepaymentsPremiumsAndExitPenalty	2221000	USD
CY2013Q1	parr	Interest Prepayments Premiums And Exit Penalty InterestPrepaymentsPremiumsAndExitPenalty	2702000	USD
CY2014Q1	parr	Lack Of Control And Marketability Discounts Amortization Term LackOfControlAndMarketabilityDiscountsAmortizationTerm	P15Y
CY2013Q4	parr	Obligations Under Supply And Exchange Agreements ObligationsUnderSupplyAndExchangeAgreements	385519000	USD
CY2014Q1	parr	Obligations Under Supply And Exchange Agreements ObligationsUnderSupplyAndExchangeAgreements	394490000	USD
CY2013Q4	parr	Obligations Under Supply And Exchange Agreements Noncurrent ObligationsUnderSupplyAndExchangeAgreementsNoncurrent	1526000	USD
CY2014Q1	parr	Obligations Under Supply And Exchange Agreements Noncurrent ObligationsUnderSupplyAndExchangeAgreementsNoncurrent	1471000	USD
CY2014Q1	parr	Professionalfeespaidthrough Restrictedcashrelatedtotrustactivities ProfessionalfeespaidthroughRestrictedcashrelatedtotrustactivities	0	USD
CY2013Q1	parr	Professionalfeespaidthrough Restrictedcashrelatedtotrustactivities ProfessionalfeespaidthroughRestrictedcashrelatedtotrustactivities	1297000	USD
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q4	parr	Refined Products And Blend Stock RefinedProductsAndBlendStock	229086000	USD
CY2014Q1	parr	Refined Products And Blend Stock RefinedProductsAndBlendStock	243165000	USD
CY2013Q1	parr	Restricted Cash Used To Settle Bankruptcy Claims RestrictedCashUsedToSettleBankruptcyClaims	783000	USD
CY2014Q1	parr	Restricted Cash Used To Settle Bankruptcy Claims RestrictedCashUsedToSettleBankruptcyClaims	0	USD
CY2013Q3	parr	Supplyand Exchange Agreements Initial Term SupplyandExchangeAgreementsInitialTerm	P3Y
CY2013Q3	parr	Supplyand Exchange Agreements Renewal Term SupplyandExchangeAgreementsRenewalTerm	P1Y
CY2013Q4	parr	Warrants Not Settleable In Cash Fair Value Disclosureper Share WarrantsNotSettleableInCashFairValueDisclosureperShare	21.64
CY2014Q1	parr	Warrants Not Settleable In Cash Fair Value Disclosureper Share WarrantsNotSettleableInCashFairValueDisclosureperShare	19.93
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000821483
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	30185345	shares
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	PAR PETROLEUM CORP/CO
CY2014Q1	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014Q1	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No

Files In Submission

Name	View Source	Status
0001445305-14-002456-index-headers.html	Edgar Link	pending
0001445305-14-002456-index.html	Edgar Link	pending
0001445305-14-002456.txt	Edgar Link	pending
0001445305-14-002456-xbrl.zip	Edgar Link	pending
exhibit311q12014.htm	Edgar Link	pending
exhibit312q12014.htm	Edgar Link	pending
exhibit321q12014.htm	Edgar Link	pending
exhibit322q12014.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
parr-20140331.xml	Edgar Link	completed
parr-20140331.xsd	Edgar Link	pending
parr-2014033110q.htm	Edgar Link	pending
parr-20140331_cal.xml	Edgar Link	unprocessable
parr-20140331_def.xml	Edgar Link	unprocessable
parr-20140331_lab.xml	Edgar Link	unprocessable
parr-20140331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$PARR
Par Pacific Holdings Inc Stock $parr

2014 Q1 Form 10-Q Financial Statement

#000144530514002456 Filed on June 02, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PARR Par Pacific Holdings Inc Stock $parr

2014 Q1 Form 10-Q Financial Statement

#000144530514002456 Filed on June 02, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PARR
Par Pacific Holdings Inc Stock $parr