Welcome to our dedicated page for Par Pcifc Hldngs news (Ticker: PARR), a resource for investors and traders seeking the latest updates and insights on Par Pcifc Hldngs stock.
Par Pacific Holdings, Inc. (PARR) operates across refining, logistics, retail, and natural gas sectors, strategically managing energy infrastructure in key U.S. markets. This resource provides investors and industry stakeholders with centralized access to official company announcements and market-moving developments.
Track critical updates including quarterly earnings disclosures, operational efficiency initiatives, and strategic acquisitions. Our curated feed includes regulatory filings, partnership announcements, and leadership updates directly from PARR's corporate communications.
Discover comprehensive coverage of the company's refining capacity adjustments, logistics network expansions, and retail segment developments. Content spans Laramie Energy operational updates, Hawaii market activities, and Wyoming infrastructure projects.
Bookmark this page for streamlined monitoring of Par Pacific's evolving market position. Verify time-sensitive decisions against primary source materials while maintaining awareness of energy sector compliance developments.
Par Pacific Holdings (NYSE:PARR) has announced a strategic joint venture called Hawaii Renewables, LLC with Mitsubishi Corporation and ENEOS Corporation. The partnership involves Mitsubishi and ENEOS forming Alohi Renewable Energy, LLC, which will acquire a 36.5% equity stake for $100 million, while Par Pacific retains the remaining interest.
The facility, currently under construction in Kapolei Hawaii, will be the state's largest renewable fuels manufacturing facility, expected to produce 61 million gallons annually of renewable diesel, sustainable aviation fuel (SAF), renewable naphtha, and low carbon LPG. The plant can produce up to 60% SAF and is designed with flexibility to adjust production based on market conditions.
The joint venture leverages Par Pacific's existing infrastructure, Lutros LLC's pretreatment technology, and combines expertise in feedstock procurement, commercial optimization, and market access across the Pacific Basin.
Par Pacific Holdings (NYSE: PARR) has scheduled its second quarter 2025 earnings release for Tuesday, August 5, 2025, after market close. The company will host a conference call for investors on Wednesday, August 6, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can access the call through toll-free (1-833-974-2377) or toll (1-412-317-5782) numbers. A live webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until August 20, 2025, using passcode 7519957.
[]Par Pacific Holdings (NYSE: PARR) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 results after NYSE market close on Tuesday, May 6, 2025, followed by an investor conference call on Wednesday, May 7, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate via phone using dial-in numbers 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). A live audio webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until May 21, 2025, using 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with passcode 2659885.
Par Pacific Holdings (NYSE: PARR) reported financial results for Q4 and full-year 2024. The company posted a full-year net loss of $(33.3) million, or $(0.59) per diluted share, compared to net income of $728.6 million in 2023. Q4 2024 resulted in a net loss of $(55.7) million.
Key highlights include:
- 2024 Adjusted EBITDA: $238.7 million vs $696.2 million in 2023
- Record performance in Retail and Logistics segments
- Share repurchase of 5 million common shares (9% of year-end shares outstanding)
- New $250 million stock buyback authorization announced in February 2025
The Refining segment faced challenges, with operating income dropping to $17.4 million in 2024 from $676.2 million in 2023. The Wyoming refinery experienced an operational incident in February 2025 and expects to restart in mid-April at reduced throughput, returning to full operations by May end.
Par Pacific Holdings (NYSE: PARR) has scheduled its fourth quarter 2024 earnings release for Tuesday, February 25, 2025, after the NYSE market close. The company will host a conference call for investors on Wednesday, February 26, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate in the conference call by dialing 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). A live audio webcast and presentation materials will be available on Par Pacific's website. A replay will be accessible until March 12, 2025, by dialing 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with passcode 2219355.
Par Pacific Holdings (NYSE: PARR) has announced its management team's upcoming participation in two major investor conferences in early 2025. The team will attend the Goldman Sachs Energy, CleanTech & Utilities Conference on January 8, 2025, in Miami, Florida, and the UBS Global Energy & Utilities Winter Conference on January 14, 2025, in Park City, Utah. Interested parties can access the company's most recent investor presentation through the Investors section of Par Pacific's website at www.parpacific.com.
Par Pacific Holdings (NYSE: PARR) has announced its 2025 capital expenditure and turnaround outlay guidance ranging from $210 million to $240 million. The breakdown includes:
- $85-95 million for turnarounds & catalyst
- $75-85 million for maintenance
- $50-60 million for growth initiatives
The growth expenditure includes approximately $30-40 million for completing the Hawaii renewable hydrotreater project and $10 million for ERP system enhancements. Additionally, $10 million is allocated for reliability investments. The company also expects its 2024 capital expenditures to reach the lower end of the previously announced $220-250 million range.
Par Pacific Holdings (NYSE: PARR) reported Q3 2024 financial results with net income of $7.5 million ($0.13 per diluted share), down from $171.4 million ($2.79 per diluted share) in Q3 2023. The company posted an Adjusted Net Loss of $(5.5) million and Adjusted EBITDA of $51.4 million, compared to $193.4 million and $255.7 million respectively in Q3 2023. Despite challenging refining margins, the company achieved record logistics results and refining throughput. The company's liquidity increased by $112.1 million while repurchasing $21.9 million of common stock.
Par Pacific Holdings (NYSE: PARR) has announced the schedule for its third quarter 2024 earnings release and conference call. The company will release its Q3 2024 results after the New York Stock Exchange closes on Monday, November 4, 2024. This will be followed by an investor conference call on Tuesday, November 5, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can participate in the conference call by dialing 1-833-974-2377 (toll-free) or 1-412-317-5782 (toll). The full earnings release will be available on Par Pacific's website. A live audio webcast and related presentation materials will also be accessible on the company's website. A replay of the call will be available until November 19, 2024, by dialing 1-877-344-7529 (toll-free) or 1-412-317-0088 (toll) with the passcode 4223997.
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