Par Pacific Holdings, Inc. filings document the formal disclosures of a public energy company with refining, logistics, retail fuel and renewable fuels operations. Its 8-K reports cover quarterly and annual operating results, Regulation FD communications, debt financing activity, credit-agreement amendments and other material agreements tied to Par Petroleum, Hawaii Renewables and refinery-related assets.
Proxy and annual-meeting filings describe board elections, auditor ratification, executive-compensation votes, advisory vote frequency and long-term incentive plan approvals. The filing record also documents common stock registered under Section 12(b) on the New York Stock Exchange and NYSE Texas, along with governance, capital-structure and shareholder-voting matters.
Par Pacific Holdings, through subsidiary Par Petroleum, closed a private placement of $500 million in 7.375% senior unsecured notes due 2034. Interest is paid semi-annually, and the notes are guaranteed on a senior unsecured basis by the company and certain subsidiaries.
The company also amended and restated its asset-based revolving credit facility, increasing lender commitments to up to $1.8 billion and extending the maturity to 2031. Loans under this New ABL bear interest at 1.25–1.75 percentage points plus Secured Overnight Financing Rate and a base rate, depending on quarterly excess availability.
Par Pacific used the net proceeds from the notes, together with cash on hand and ABL borrowings, to repay and terminate Par Petroleum’s term loan due 2030, effectively refinancing its debt and extending its overall debt maturity profile.
Par Pacific Holdings plans a private placement of $500 million in senior unsecured notes due 2034 through its subsidiary Par Petroleum, subject to market conditions. The notes will be guaranteed by Par Pacific and key subsidiaries.
The company intends to use the net proceeds, along with cash or borrowings under its asset-based revolving credit facility, to repay and terminate Par Petroleum’s term loan due 2030. Separately, Par Pacific outlines expectations for a new asset-based revolving credit facility of up to $1.8 billion and reports twelve-month Adjusted EBITDA of 714,865 (dollars in thousands) and Adjusted Net Income attributable to stockholders of 478,956 (dollars in thousands) for the period ended March 31, 2026.
Par Pacific Holdings plans a private placement of $500 million in senior unsecured notes due 2034 through its subsidiary Par Petroleum, subject to market conditions. The notes will be guaranteed by Par Pacific and key subsidiaries.
The company intends to use the net proceeds, along with cash or borrowings under its asset-based revolving credit facility, to repay and terminate Par Petroleum’s term loan due 2030. Separately, Par Pacific outlines expectations for a new asset-based revolving credit facility of up to $1.8 billion and reports twelve-month Adjusted EBITDA of 714,865 (dollars in thousands) and Adjusted Net Income attributable to stockholders of 478,956 (dollars in thousands) for the period ended March 31, 2026.
Par Pacific Holdings delivered a sharp turnaround in Q1 2026. Revenue rose to $1.82 billion from $1.75 billion, while net income attributable to stockholders swung from a $30.4 million loss to $54.5 million profit.
Refining drove the improvement: segment operating income moved from a $24.7 million loss to $56.3 million profit as total throughput increased to 184.3 Mbpd and Adjusted Gross Margin per barrel expanded to $11.16. Adjusted EBITDA climbed to $91.5 million from $10.1 million, reflecting stronger margins across Hawaii, Montana, Washington, and Wyoming refineries.
Despite higher earnings, operating cash flow was a use of $40.7 million, mainly from working capital and derivatives movements. The company ended the quarter with $172.5 million in cash and $958.9 million of debt, continued inventory financing arrangements, significant renewable fuel (RIN) obligations, and ongoing environmental and tax disputes.
Par Pacific Holdings, Inc. reported a sharp turnaround in first quarter 2026, with net income attributable to stockholders of $54.5 million, or $1.10 per diluted share, compared with a net loss of $30.4 million a year earlier.
Adjusted net income was $38.5 million, or $0.78 per diluted share, and Adjusted EBITDA rose to $91.5 million from $10.1 million, driven mainly by much stronger refining results. The refining segment posted operating income of $56.3 million versus a prior operating loss, with total refining throughput increasing to 184 Mbpd and Hawaii achieving a record 89.8 Mbpd.
Par Pacific generated total revenues of $1.824 billion and ended March 31, 2026 with $172.2 million in cash, $937.7 million of total liquidity, and net term debt of $465.8 million. The company repurchased $28.0 million of stock at an average price of $37.96 per share, and its Hawaii renewable fuels facility began commercial operations in April.
Par Pacific Holdings, Inc. reported voting results from its 2026 Annual Meeting of Stockholders held on April 30, 2026. Stockholders elected all ten director nominees, with votes for each nominee ranging from 35,568,926 to 38,170,756, plus broker non-votes.
Stockholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 42,402,858 votes for. They also approved the advisory vote on executive compensation and chose to hold this advisory vote every year. In addition, stockholders approved the Par Pacific Holdings, Inc. 2026 Long-Term Incentive Plan, with 27,029,363 votes for and 11,233,402 votes against.
PAR PACIFIC HOLDINGS, INC. Executive Vice President for Refining and Logistics Richard Creamer reported a tax-related share disposition. On the vesting of restricted shares of common stock, 1,690 shares of common stock were withheld by the company to cover withholding tax liability.
These shares were not sold in the open market but used to satisfy taxes tied to equity compensation. After this withholding, Creamer directly holds 56,779 shares of Par Pacific common stock.
Zell Aaron reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Aaron Zell reported a compensation-related equity award. He received 385 restricted stock units, each representing a contingent right to receive one share of common stock. These restricted stock units will vest in full on April 5, 2027.
Following vesting, the underlying common shares will be delivered to Zell after his service as a director ends. After this grant, his reported holdings in this award total 385 restricted stock units, and the filing shows no open-market buying or selling activity.
YEAMAN ERIC K reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Eric K. Yeaman received a grant of 385 restricted stock units, each representing a right to one share of common stock. These units vest in full on April 5, 2027, and any vested shares will be delivered after his service with the company ends.
Following this grant, Yeaman holds 385 restricted stock units directly, reflecting a routine, compensation-related equity award rather than an open-market stock purchase or sale.
SILBERMAN ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
PAR PACIFIC HOLDINGS, INC. director Robert S. Silberman received a grant of 616 restricted stock units. Each unit represents a contingent right to receive one share of common stock. The restricted stock units will vest in full on April 5, 2027, with vested shares delivered after termination of service.
Par Pacific Holdings director William Pate reported an acquisition of 385 restricted stock units (RSUs) tied to Par Pacific common stock. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in full on April 5, 2027, with vested shares delivered to him after his service with the company ends.