PAR PACIFIC HOLDINGS, INC.PARR
| Dec 31,
2011 | Dec 31,
2012 | Dec 31,
2013 | Dec 31,
2014 | Dec 31,
2015 | Dec 31,
2016 | Dec 31,
2017 | Dec 31,
2018 | Dec 31,
2019 | Dec 31,
2020 | Dec 31,
2021 | Dec 31,
2022 | Dec 31,
2023 |
|---|
| Net income (loss) | -470 | - | -71 | -47 | -40 | -46 | 73 | 39 | 41 | -409 | -81 | 364 | 729 |
|---|
| Depreciation and amortization | 39 | - | 6 | 15 | 20 | 32 | 46 | 53 | 86 | 90 | 94 | 100 | 120 |
|---|
| Impairment expense | - | - | - | - | - | - | - | - | - | 86 | 2 | - | - |
|---|
| Debt extinguishment and commitment costs | - | - | - | - | - | - | - | -4 | -12 | - | -8 | -5 | -19 |
|---|
| Non-cash interest expense | - | - | - | - | - | 18 | 7 | 7 | 9 | 7 | 6 | 4 | 5 |
|---|
| Inventory Write-down | - | - | - | - | - | - | - | - | - | 11 | -10 | -0 | - |
|---|
| Fair Value Adjustment of Warrants | - | - | 10 | -4 | 4 | -3 | 2 | -2 | 3 | -4 | - | - | - |
|---|
| Deferred taxes | 1 | - | 0 | -0 | -16 | -8 | -1 | 1 | -67 | -21 | -0 | 0 | -126 |
|---|
| Deferred taxes | 1 | - | 0 | -0 | -16 | -8 | -1 | 1 | -67 | -21 | -0 | 0 | -126 |
|---|
| Gain on sale of assets, net | - | - | - | - | - | - | - | - | - | - | 65 | 0 | 0 |
|---|
| Gain on sale of assets, net | - | - | - | - | - | - | - | - | - | - | 65 | 0 | 0 |
|---|
| Stock-based compensation | 8 | - | 1 | 4 | 5 | 7 | 7 | 6 | 6 | 7 | 8 | 9 | 12 |
|---|
| Stock-based compensation | 8 | - | 1 | 4 | 5 | 7 | 7 | 6 | 6 | 7 | 8 | 9 | 12 |
|---|
| Unrealized (gain) loss on derivative contracts | 3 | - | - | 1 | -11 | 15 | 1 | -2 | -9 | 3 | 1 | -9 | 50 |
|---|
| Unrealized (gain) loss on derivative contracts | 3 | - | - | 1 | -11 | 15 | 1 | -2 | -9 | 3 | 1 | -9 | 50 |
|---|
| Equity earnings from Laramie Energy, LLC | 0 | - | - | 3 | -56 | -22 | 18 | 9 | -90 | -47 | - | - | 25 |
|---|
| Equity earnings from Laramie Energy, LLC | 0 | - | - | 3 | -56 | -22 | 18 | 9 | -90 | -47 | - | - | 25 |
|---|
| Equity earnings from refining and logistics investments | - | - | - | - | - | - | - | - | - | - | - | - | 12 |
|---|
| Trade accounts receivable | -2 | - | 46 | -6 | -55 | 17 | 19 | 36 | 37 | -118 | 84 | 57 | 112 |
|---|
| Prepaid and other assets | 3 | - | 3 | 6 | 36 | -0 | -38 | 6 | 24 | -29 | 11 | 35 | 82 |
|---|
| Inventories | 0 | - | -40 | -59 | -32 | -49 | 147 | -32 | 195 | -172 | 351 | 254 | -180 |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | 33 | - | - | 10 | 50 | 10 | 30 | - |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
|---|
| Obligations under inventory financing agreements | - | - | - | - | - | - | - | - | 122 | -191 | 253 | 75 | -92 |
|---|
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | - | - | - | 21 | -26 | -27 | -34 | 20 | 69 | 67 | 210 | 263 | 15 |
|---|
| Proceeds from Dividends Received | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
|---|
| Trade accounts receivable | -2 | - | 46 | -6 | -55 | 17 | 19 | 36 | 37 | -118 | 84 | 57 | 112 |
|---|
| Prepaid and other assets | 3 | - | 3 | 6 | 36 | -0 | -38 | 6 | 24 | -29 | 11 | 35 | 82 |
|---|
| Inventories | 0 | - | -40 | -59 | -32 | -49 | 147 | -32 | 195 | -172 | 351 | 254 | -180 |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | 33 | - | - | 10 | 50 | 10 | 30 | - |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
|---|
| Obligations under inventory financing agreements | - | - | - | - | - | - | - | - | 122 | -191 | 253 | 75 | -92 |
|---|
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | - | - | - | 21 | -26 | -27 | -34 | 20 | 69 | 67 | 210 | 263 | 15 |
|---|
| Net cash provided by (used in) operating activities | 1 | - | -36 | -55 | 132 | -24 | 106 | 91 | 106 | -37 | -28 | 453 | 579 |
|---|
| Net income (loss) | -470 | - | -71 | -47 | -40 | -46 | 73 | 39 | 41 | -409 | -81 | 364 | 729 |
|---|
| Depreciation and amortization | 39 | - | 6 | 15 | 20 | 32 | 46 | 53 | 86 | 90 | 94 | 100 | 120 |
|---|
| Impairment expense | - | - | - | - | - | - | - | - | - | 86 | 2 | - | - |
|---|
| Debt extinguishment and commitment costs | - | - | - | - | - | - | - | -4 | -12 | - | -8 | -5 | -19 |
|---|
| Non-cash interest expense | - | - | - | - | - | 18 | 7 | 7 | 9 | 7 | 6 | 4 | 5 |
|---|
| Inventory Write-down | - | - | - | - | - | - | - | - | - | 11 | -10 | -0 | - |
|---|
| Fair Value Adjustment of Warrants | - | - | 10 | -4 | 4 | -3 | 2 | -2 | 3 | -4 | - | - | - |
|---|
| Deferred taxes | 1 | - | 0 | -0 | -16 | -8 | -1 | 1 | -67 | -21 | -0 | 0 | -126 |
|---|
| Deferred taxes | 1 | - | 0 | -0 | -16 | -8 | -1 | 1 | -67 | -21 | -0 | 0 | -126 |
|---|
| Gain on sale of assets, net | - | - | - | - | - | - | - | - | - | - | 65 | 0 | 0 |
|---|
| Gain on sale of assets, net | - | - | - | - | - | - | - | - | - | - | 65 | 0 | 0 |
|---|
| Stock-based compensation | 8 | - | 1 | 4 | 5 | 7 | 7 | 6 | 6 | 7 | 8 | 9 | 12 |
|---|
| Stock-based compensation | 8 | - | 1 | 4 | 5 | 7 | 7 | 6 | 6 | 7 | 8 | 9 | 12 |
|---|
| Unrealized (gain) loss on derivative contracts | 3 | - | - | 1 | -11 | 15 | 1 | -2 | -9 | 3 | 1 | -9 | 50 |
|---|
| Unrealized (gain) loss on derivative contracts | 3 | - | - | 1 | -11 | 15 | 1 | -2 | -9 | 3 | 1 | -9 | 50 |
|---|
| Equity earnings from Laramie Energy, LLC | 0 | - | - | 3 | -56 | -22 | 18 | 9 | -90 | -47 | - | - | 25 |
|---|
| Equity earnings from Laramie Energy, LLC | 0 | - | - | 3 | -56 | -22 | 18 | 9 | -90 | -47 | - | - | 25 |
|---|
| Equity earnings from refining and logistics investments | - | - | - | - | - | - | - | - | - | - | - | - | 12 |
|---|
| Trade accounts receivable | -2 | - | 46 | -6 | -55 | 17 | 19 | 36 | 37 | -118 | 84 | 57 | 112 |
|---|
| Prepaid and other assets | 3 | - | 3 | 6 | 36 | -0 | -38 | 6 | 24 | -29 | 11 | 35 | 82 |
|---|
| Inventories | 0 | - | -40 | -59 | -32 | -49 | 147 | -32 | 195 | -172 | 351 | 254 | -180 |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | 33 | - | - | 10 | 50 | 10 | 30 | - |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
|---|
| Obligations under inventory financing agreements | - | - | - | - | - | - | - | - | 122 | -191 | 253 | 75 | -92 |
|---|
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | - | - | - | 21 | -26 | -27 | -34 | 20 | 69 | 67 | 210 | 263 | 15 |
|---|
| Proceeds from Dividends Received | - | - | - | - | - | - | - | - | - | - | - | - | 4 |
|---|
| Trade accounts receivable | -2 | - | 46 | -6 | -55 | 17 | 19 | 36 | 37 | -118 | 84 | 57 | 112 |
|---|
| Prepaid and other assets | 3 | - | 3 | 6 | 36 | -0 | -38 | 6 | 24 | -29 | 11 | 35 | 82 |
|---|
| Inventories | 0 | - | -40 | -59 | -32 | -49 | 147 | -32 | 195 | -172 | 351 | 254 | -180 |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | 33 | - | - | 10 | 50 | 10 | 30 | - |
|---|
| Deferred turnaround expenditures | - | - | - | - | - | - | - | - | - | - | - | - | 6 |
|---|
| Obligations under inventory financing agreements | - | - | - | - | - | - | - | - | 122 | -191 | 253 | 75 | -92 |
|---|
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | - | - | - | 21 | -26 | -27 | -34 | 20 | 69 | 67 | 210 | 263 | 15 |
|---|
| Net cash provided by (used in) operating activities | 1 | - | -36 | -55 | 132 | -24 | 106 | 91 | 106 | -37 | -28 | 453 | 579 |
|---|
| Acquisitions of businesses, net of cash acquired | - | - | 559 | 1 | - | 209 | - | 128 | 273 | - | - | 36 | 595 |
|---|
| Capital expenditures | - | - | - | 14 | 22 | 25 | 32 | 48 | 84 | 64 | 30 | 53 | 82 |
|---|
| Proceeds from sale of assets | - | - | - | - | - | - | - | - | - | - | 104 | 1 | 1 |
|---|
| Net cash provided by (used in) investing activities | 88 | - | -564 | -24 | -114 | -286 | -31 | -176 | -353 | -63 | 75 | -87 | -659 |
|---|
| Laramie Energy Company | - | - | - | - | - | - | - | - | - | - | - | - | 11 |
|---|
| Refining And Logistics Investments | - | - | - | - | - | - | - | - | - | - | - | - | 7 |
|---|
| Net cash provided by (used in) investing activities | 88 | - | -564 | -24 | -114 | -286 | -31 | -176 | -353 | -63 | 75 | -87 | -659 |
|---|
| Proceeds from Issuance of Common Stock | - | - | 199 | 104 | 76 | 49 | - | 19 | - | - | 87 | - | - |
|---|
| Proceeds from borrowings | - | - | - | - | - | - | - | 119 | 511 | 250 | 187 | 385 | 1,463 |
|---|
| Repayments of borrowings | - | - | - | - | - | - | - | 119 | 241 | 159 | 329 | 447 | 1,318 |
|---|
| Proceeds From (Payments For) Deferred Payment Arrangement And Receivable Advances | - | - | - | - | - | - | - | - | 43 | -42 | 61 | 81 | -96 |
|---|
| Purchase of common stock for retirement | 1 | - | - | - | 1 | - | - | - | - | - | - | 8 | 68 |
|---|
| Payment of deferred loan costs | - | - | - | 6 | 7 | 7 | 10 | 0 | 13 | 6 | 0 | - | 14 |
|---|
| Payments for debt extinguishment and commitment costs and termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | 6 | 3 | 9 |
|---|
| Purchase of common stock for retirement | 1 | - | - | - | 1 | - | - | - | - | - | - | 8 | 68 |
|---|
| Other financing activities, net | - | - | - | - | - | -1 | -1 | -1 | 1 | -0 | -1 | 6 | 2 |
|---|
| Exercise of stock options | - | - | - | - | - | - | - | - | 8 | - | - | - | 17 |
|---|
| Net cash provided by (used in) financing activities | -90 | - | 632 | 130 | 60 | 190 | -5 | 42 | 300 | 43 | -1 | 13 | -136 |
|---|
| Payments for termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | - | - | 113 |
|---|
| Payments for debt extinguishment and commitment costs and termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | 6 | 3 | 9 |
|---|
| Other financing activities, net | - | - | - | - | - | -1 | -1 | -1 | 1 | -0 | -1 | 6 | 2 |
|---|
| Net cash provided by (used in) financing activities | -90 | - | 632 | 130 | 60 | 190 | -5 | 42 | 300 | 43 | -1 | 13 | -136 |
|---|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | -43 | 53 | -58 | 46 | 379 | -215 |
|---|
| Interest | - | - | - | - | - | - | - | 28 | 58 | 54 | 65 | 63 | 77 |
|---|
| Taxes | - | - | - | 0 | 0 | -1 | - | -0 | 0 | -0 | 1 | 0 | 6 |
|---|
| Accrued capital expenditures | - | - | - | - | 2 | 5 | 3 | 6 | 6 | 5 | 8 | 5 | 13 |
|---|
| Conversion of Stock, Amount Converted | - | - | - | - | 8 | 3 | - | - | - | 4 | - | - | - |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|
| Acquisitions of businesses, net of cash acquired | - | - | 559 | 1 | - | 209 | - | 128 | 273 | - | - | 36 | 595 |
|---|
| Capital expenditures | - | - | - | 14 | 22 | 25 | 32 | 48 | 84 | 64 | 30 | 53 | 82 |
|---|
| Proceeds from sale of assets | - | - | - | - | - | - | - | - | - | - | 104 | 1 | 1 |
|---|
| Net cash provided by (used in) investing activities | 88 | - | -564 | -24 | -114 | -286 | -31 | -176 | -353 | -63 | 75 | -87 | -659 |
|---|
| Laramie Energy Company | - | - | - | - | - | - | - | - | - | - | - | - | 11 |
|---|
| Refining And Logistics Investments | - | - | - | - | - | - | - | - | - | - | - | - | 7 |
|---|
| Net cash provided by (used in) investing activities | 88 | - | -564 | -24 | -114 | -286 | -31 | -176 | -353 | -63 | 75 | -87 | -659 |
|---|
| Proceeds from Issuance of Common Stock | - | - | 199 | 104 | 76 | 49 | - | 19 | - | - | 87 | - | - |
|---|
| Proceeds from borrowings | - | - | - | - | - | - | - | 119 | 511 | 250 | 187 | 385 | 1,463 |
|---|
| Repayments of borrowings | - | - | - | - | - | - | - | 119 | 241 | 159 | 329 | 447 | 1,318 |
|---|
| Proceeds From (Payments For) Deferred Payment Arrangement And Receivable Advances | - | - | - | - | - | - | - | - | 43 | -42 | 61 | 81 | -96 |
|---|
| Purchase of common stock for retirement | 1 | - | - | - | 1 | - | - | - | - | - | - | 8 | 68 |
|---|
| Payment of deferred loan costs | - | - | - | 6 | 7 | 7 | 10 | 0 | 13 | 6 | 0 | - | 14 |
|---|
| Payments for debt extinguishment and commitment costs and termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | 6 | 3 | 9 |
|---|
| Purchase of common stock for retirement | 1 | - | - | - | 1 | - | - | - | - | - | - | 8 | 68 |
|---|
| Other financing activities, net | - | - | - | - | - | -1 | -1 | -1 | 1 | -0 | -1 | 6 | 2 |
|---|
| Exercise of stock options | - | - | - | - | - | - | - | - | 8 | - | - | - | 17 |
|---|
| Net cash provided by (used in) financing activities | -90 | - | 632 | 130 | 60 | 190 | -5 | 42 | 300 | 43 | -1 | 13 | -136 |
|---|
| Payments for termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | - | - | 113 |
|---|
| Payments for debt extinguishment and commitment costs and termination of inventory financing agreements | - | - | - | - | - | - | - | - | - | - | 6 | 3 | 9 |
|---|
| Other financing activities, net | - | - | - | - | - | -1 | -1 | -1 | 1 | -0 | -1 | 6 | 2 |
|---|
| Net cash provided by (used in) financing activities | -90 | - | 632 | 130 | 60 | 190 | -5 | 42 | 300 | 43 | -1 | 13 | -136 |
|---|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | -43 | 53 | -58 | 46 | 379 | -215 |
|---|
| Interest | - | - | - | - | - | - | - | 28 | 58 | 54 | 65 | 63 | 77 |
|---|
| Taxes | - | - | - | 0 | 0 | -1 | - | -0 | 0 | -0 | 1 | 0 | 6 |
|---|
| Accrued capital expenditures | - | - | - | - | 2 | 5 | 3 | 6 | 6 | 5 | 8 | 5 | 13 |
|---|
| Conversion of Stock, Amount Converted | - | - | - | - | 8 | 3 | - | - | - | 4 | - | - | - |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|
| Accrued capital expenditures | - | - | - | - | 2 | 5 | 3 | 6 | 6 | 5 | 8 | 5 | 13 |
|---|
| Conversion of Stock, Amount Converted | - | - | - | - | 8 | 3 | - | - | - | 4 | - | - | - |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new finance lease liabilities | - | - | - | - | - | - | - | - | 1 | 3 | 2 | 1 | 8 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets obtained in exchange for new operating lease liabilities | - | - | - | - | - | - | - | - | 79 | 23 | 97 | 65 | 72 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|
| ROU assets terminated in exchange for release from operating lease liabilities | - | - | - | - | - | - | - | - | - | 8 | 7 | 33 | 1 |
|---|