Par Pacific Holdings, Inc. reports developments for an energy company that produces and supplies conventional and renewable fuels in the western United States. Its updates commonly cover refining results, throughput, adjusted margins, capital spending, turnaround activity, liquidity and share repurchases across operations in Hawaii, the Pacific Northwest and the Rockies.
The company’s news also follows its logistics network, retail fuel and convenience brands, renewable fuels activity in Hawaii, and its ownership interest in Laramie Energy, LLC, a Western Colorado natural gas producer. Recurring announcements include quarterly earnings, conference-call schedules, debt and credit matters, refinery reliability projects, and commercial partnerships tied to transportation fuels and sustainable aviation fuel supply chains.
Par Pacific Holdings (PARR) will release its third quarter 2026 results after the New York Stock Exchange closes on November 3, 2026.
An investor conference call will follow on November 4, 2026, at 9:00 a.m. Central Time (10:00 a.m. Eastern). Results will be available on the company website, with the live webcast and presentation materials in its Investors section. A replay will be available shortly after the call through November 18, 2026.
Par Pacific (PARR) appointed Jerry Stumbo executive vice president of refining and logistics effective September 28, 2026. He succeeds Richard Creamer, who will serve as senior advisor until his planned retirement on April 1, 2027.
Stumbo most recently managed Valero Energy's Port Arthur, Texas refinery, which has approximately 435,000 barrels per day of throughput capacity. He previously led Valero's St. Charles, Louisiana refinery for seven years.
Par Pacific (NYSE: PARR) reported that Laramie Energy, in which it holds a 46% non-controlling stake, has signed a definitive agreement to sell substantially all of its oil and gas assets to a third-party purchaser for $485 million in cash, subject to working capital and other adjustments. Of this amount, $60 million is to be paid on the fifth anniversary of closing, and Laramie Energy may earn up to an additional $65 million in price-contingent earn-outs over five years.
According to Par Pacific, after Laramie Energy debt repayment, fees and adjustments, the company expects to receive approximately $146 million in consideration, including about $27.5 million deferred to the fifth anniversary, and it is eligible for up to roughly $30 million of the earn-out payments. Upon closing, Par Pacific will fully exit its investment in Laramie Energy. The transaction is expected to close by year-end 2026, subject to regulatory approvals and customary conditions.
Par Pacific Holdings (NYSE:PARR) reported second quarter 2026 net income attributable to stockholders of $462.1 million, or $9.35 per diluted share, versus $59.5 million, or $1.17, a year earlier. Adjusted net income was $499.2 million and Adjusted EBITDA reached $571.3 million, up from $78.3 million and $137.8 million, respectively.
The Refining segment generated operating income of $629.9 million and Adjusted EBITDA of $552.0 million, with Adjusted Gross Margin rising to $680.4 million despite slightly lower throughput. Hawaii turnaround work is substantially complete, with most units online. Liquidity totaled $1.4 billion, cash was $185.0 million, and term debt was reduced to $505.7 million following a $500 million senior unsecured notes offering that lowered term debt by more than $130 million. Net cash from operations was $282.6 million, or $614.3 million excluding working capital outflows and deferred turnaround expenditures.
Par Pacific (NYSE:PARR) will release its second quarter 2026 earnings results after the New York Stock Exchange closes on Tuesday, August 4, 2026. The company will host an investor conference call on Wednesday, August 5, 2026 at 9:00 a.m. Central Time (10:00 a.m. Eastern).
Investors can access the call by dialing 1-800-715-9871 (toll free) or 1-646-307-1963 (toll) at least 10 minutes early. A live audio webcast and presentation materials will be available in the Investors section of http://www.parpacific.com. A telephone replay, passcode 5483514, will be available until August 19, 2026 at 1-800-770-2030 (toll-free) or 1-609-800-9909 (toll).
Par Pacific (NYSE:PARR) closed a private placement of $500 million aggregate principal amount of 7.375% senior unsecured notes due 2034.
The company also increased lender commitments under its asset-based revolving credit facility to up to $1.8 billion and extended its maturity to 2031, using proceeds to repay and terminate a term loan due 2030.
Par Pacific (NYSE:PARR) priced a private placement of $500 million in 7.375% senior unsecured notes due June 1, 2034, issued at par. The notes, fully and unconditionally guaranteed by key subsidiaries, are expected to close May 14, 2026, with proceeds used to repay Par Petroleum’s term loan due 2030.
Par Pacific (NYSE:PARR) plans a private placement of $500 million senior unsecured notes due 2034 through subsidiary Par Petroleum. The notes are expected to be fully and unconditionally guaranteed by Par Pacific and certain subsidiaries.
Net proceeds, plus cash or ABL borrowings, are intended to repay and terminate Par Petroleum’s term loan due 2030.
Par Pacific (NYSE: PARR) reported strong Q1 2026 results: net income attributable to stockholders of $54.5 million ($1.10 diluted EPS), Adjusted Net Income of $38.5 million ($0.78 diluted EPS), and Adjusted EBITDA of $91.5 million. The company repurchased $28.0 million of stock and achieved record Hawaii throughput of 89.8 Mbpd. The Hawaii renewable fuels facility began commercial operations in April.
Operating and segment details: refining Adjusted Gross Margin $185.1 million, retail and logistics margins noted; cash balance $172.2 million, total liquidity $937.7 million.
Par Pacific (NYSE: PARR) will release its first quarter 2026 results after the NYSE close on Tuesday, May 5, 2026, followed by an investor conference call on Wednesday, May 6, 2026 at 9:00 a.m. Central (10:00 a.m. Eastern).
Live audio webcast and presentation materials will be available in the Investors section of Par Pacific's website. A replay is available through May 20, 2026 using passcode 8270791.