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. 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, Inc. (NYSE: PARR) announced the furlough of 29 employees due to decreased throughput rates at its Kapolei, Hawaii refineries amid COVID-19. This staffing reduction is not anticipated to disrupt the supply of refined products in Hawaii. Additionally, the President, CEO, and independent Board members will cut their cash salaries by 75% effective immediately. Par Pacific continues to operate significant energy infrastructure in Hawaii and the Pacific Northwest, with a total refining capacity of 208,000 barrels per day.