Every 8-K that Par Pacific Holdings, Inc. (PARR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PARR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PARR filings page.
Par Pacific Holdings, Inc. (PARR) appointed Jerry Stumbo Executive Vice President – Refining and Logistics, effective September 28, 2026, succeeding Richard Creamer. Creamer plans to retire on or about April 1, 2027, and will serve as Senior Advisor from September 28 until his retirement. Stumbo most recently was Vice President and General Manager of Valero’s Port Arthur refinery and previously led Valero’s St. Charles refinery for seven years. Par Pacific reports combined refining capacity of 219,000 barrels per day across four locations and 13 million barrels of storage.
Par Pacific Holdings, Inc. (PARR) announced that Laramie Energy, LLC, in which Par Pacific holds a 46% non-controlling ownership interest, 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, including $60 million payable on the fifth anniversary of closing, subject to working capital and other customary adjustments.
The seller may also receive up to an additional $65 million in price-contingent earn-out payments over the first through fifth anniversaries after closing. Net of Laramie’s debt repayment, adjustments and fees, Par Pacific expects to receive approximately $146 million of the consideration, including about $27.5 million deferred to the fifth anniversary, and it is eligible for up to approximately $30 million of the earn-out. Upon closing, Par Pacific will fully exit its investment in Laramie Energy. The transaction is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions.
Par Pacific Holdings reported higher financial results for the quarter ended June 30, 2026, led by its refining operations. Revenue was $2,968,869 thousand and net income attributable to stockholders was $462.1 million, or $9.35 per diluted share, compared with $59.5 million, or $1.17 per diluted share, a year earlier. Adjusted Net Income was $499.2 million and Adjusted EBITDA reached $571.3 million, both higher than in the prior-year quarter.
The Refining segment generated operating income of $629.9 million and Adjusted Gross Margin of $680.4 million, with segment Adjusted Gross Margin per barrel rising to $41.22 from $13.65. Conditions were particularly favorable in Hawaii, where the Hawaii Index averaged $46.06 per barrel and refinery Adjusted Gross Margin was $57.00 per barrel, including a positive net price lag impact of approximately $76.5 million. Montana, Washington, and Wyoming refineries also reported higher per-barrel margins, while Retail and Logistics posted operating income of $14.6 million and $22.5 million, respectively, with Logistics Adjusted EBITDA of $29.8 million.
Net cash provided by operations was $282.6 million, including working capital outflows of $312.2 million and deferred turnaround expenditures of $19.5 million; excluding these items, operating cash flow was $614.3 million. At June 30, 2026, cash was $185.0 million, gross term debt was $505.7 million, and total liquidity was $1.4 billion. During the quarter Par Pacific completed a $500 million Senior Unsecured Notes offering, reducing term debt by more than $130 million.
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, 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 posted a sharp turnaround for 2025, moving from a net loss of $(33.3) million in 2024 to net income attributable to stockholders of $369.4 million, or $7.16 per diluted share. Adjusted Net Income rose to $390.1 million and Adjusted EBITDA to $633.5 million, up from $21.2 million and $238.7 million in 2024.
Fourth-quarter 2025 results were also significantly stronger, with net income of $77.7 million and Adjusted EBITDA of $113.1 million, compared with a loss a year earlier. The Refining segment drove performance, generating $519.2 million of Adjusted EBITDA in 2025, supported by higher regional refining indices and Small Refinery Exemption impacts.
The company generated $445.3 million of operating cash flow in 2025, repurchased 6.5 million shares at an average of about $19, and ended the year with $164.1 million in cash and $914.6 million of total liquidity. In February 2026, the board authorized a new $250 million share repurchase program with no specified end date.
Par Pacific Holdings, Inc. has amended its existing term loan and strengthened credit support for its renewable fuels joint venture. The company entered into Amendment No. 3 to its Term Loan Credit Agreement, reducing the applicable margin by 50 basis points so that base rate loans now bear interest at the base rate plus 2.25% and SOFR loans bear interest at 3.25% over SOFR. This lowers ongoing borrowing costs under the term loan facility.
Separately, Hawaii Renewables, LLC, a Par Pacific joint venture related to renewable fuels, entered into an uncommitted Letter of Credit Facility Agreement with Wells Fargo, under which Wells Fargo may issue up to $25,000,000 in documentary letters of credit. These letters of credit can be used to pay suppliers of crude oil and soybean oil under supply contracts. To support these arrangements, Hawaii Renewables replaced its prior pledge and security agreement with an amended and restated version that modifies the collateral pledged to Wells Fargo for obligations under the swap, derivatives, and letter of credit documents.
Par Pacific Holdings, Inc. (PARR) furnished an 8‑K announcing it issued a news release reporting results for the third quarter ended September 30, 2025.
The company attached the news release as Exhibit 99.1 and noted that the information in Item 2.02 and Exhibit 99.1 is furnished and not deemed “filed” under Section 18 of the Exchange Act.
Par Pacific Holdings (PARR) closed its previously announced joint venture with Alohi to develop, construct, own and operate a renewable fuels facility co-located with the Kapolei Refinery in Hawaii. Alohi contributed $100 million in cash, while Par Pacific committed up to $21,039,382 (less actual, documented construction costs incurred from July 1, 2025 to closing) to complete the facility through its commercial operation date.
Ownership at closing is HR Holdco 63.5% and Alohi 36.5%. HR Holdco controls the four-member board (three directors vs. one for Alohi), with certain matters requiring unanimous approval or Alohi consent. At HR Holdco’s election, ProjectCo will make a one-time special cash distribution to HR Holdco within two business days after closing, and thereafter distribute all available cash quarterly pro rata.
The JV includes transfer restrictions and customary preemptive/ROFO/tag/drag rights within a lockup period. Alohi holds put options, including a right to require HR Holdco to purchase all Alohi units for $1.00, and for ten years a conditional put for the lesser of $100,000,000 and ProjectCo value upon specified significant breaches. Par Pacific guaranteed certain HR Holdco payment obligations and may provide up to $15 million in working capital loans before commercial operation.
Par Pacific Holdings reported the filing of agreements related to commodity swap transactions between its subsidiary Hawaii Renewables, LLC and Wells Fargo Bank, N.A., all dated October 2, 2025. The exhibits listed include a Framework Agreement for Commodity Swap Transactions, an ISDA 2002 Schedule, a Pledge and Security Agreement, and a Credit Support Annex. The filing notes that certain schedules and attachments were omitted under Regulation S-K Item 601(a)(5) and that the company will provide omitted schedules to the SEC upon request.