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Par Pacific Holdings Inc (PARR) Q4 2020 Earnings Call Transcript

Par Pacific Holdings Inc (PARR) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Par Pacific Holdings Inc (NYSE: PARR) Popular Searches Greetings, and welcome to the Par Pacific Holdings Fourth Quarter Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce your host, Ashimi Patel, Manager Investor Relations for Par Pacific Holdings. Thank you, Ms. Patel. You may begin. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

CVR Energy Inc (CVI) Q4 2020 Earnings Call Transcript

CVR Energy Inc (CVI) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. CVR Energy Inc (NYSE: CVI) Q4 2020 Earnings Call Operator Greetings, and welcome to the CVR Energy, Inc. Fourth Quarter 2020 Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Richard Roberts, Senior Manager of Financial Planning and Analysis and Investor Relations. Thank you, sir. You may begin. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

PBF Energy (PBF) Q4 2020 Earnings Call Transcript

Operator Good day, everyone, and welcome to the PBF Energy fourth-quarter 2020 earnings conference call and webcast. [Operator instructions] It is now my pleasure to turn the floor over to Colin Murray of Investor Relations. Sir, you may begin. Colin Murray Investor Relations Thank you, Daryl. Good morning, and welcome to today s call. With me today are Tom Nimbley, our CEO; Matt Lucey, our president; Erik Young, our CFO; Tom O Connor, our senior vice president of commercial; Paul Davis, our president of western region; and several other members of our management team. A copy of today s earnings release, including supplemental information, is available on our website.

Lack of overhauls at U S refiners could stall industry recovery

4 Min Read NEW YORK/HOUSTON (Reuters) - U.S. oil refiners are predicting a strong recovery in fuel demand in the second half of this year as vaccination rates increase and workers are expected to resume commuting and taking vacations. FILE PHOTO: Flags wave in front of the Phillips 66 refinery near Lake Charles, Louisiana, U.S. October 11, 2020. REUTERS/Stephanie Kelly But oil processors appear to be skimping on routine spring overhauls that typically prepare refineries for peak summer output. Maintenance cutbacks could make it hard to boost output as the economy recovers from its pandemic-related contraction. U.S. plants are running at about 82% of capacity, according to U.S. government data, down about 10 percentage points from normal capacity at this time of year. Margins on average are positive on each barrel of oil processed, but refiners are losing money on output as crude prices rise faster than demand for fuel.

Lack of overhauls at U S refiners could stall industry recovery

Lack of overhauls at U.S. refiners could stall industry recovery By Laura Sanicola and Erwin Seba FILE PHOTO: Flags wave in front of the Phillips 66 refinery near Lake Charles, Louisiana NEW YORK/HOUSTON (Reuters) – U.S. oil refiners are predicting a strong recovery in fuel demand in the second half of this year as vaccination rates increase and workers are expected to resume commuting and taking vacations. But oil processors appear to be skimping on routine spring overhauls that typically prepare refineries for peak summer output. Maintenance cutbacks could make it hard to boost output as the economy recovers from its pandemic-related contraction.

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