Welcome to our dedicated page for Par Pcifc Hldngs SEC filings (Ticker: PARR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 insider William Pate exercised and sold option shares on August 12, 2025. Mr. Pate exercised a 150,000-share option (exercise price $21.44) and a 100,346-share option (exercise price $17.34) and, concurrently, the company effectuated a cash-settlement that resulted in the disposition of 250,346 shares at an effective price of $28.14 per share. After these transactions, Mr. Pate beneficially owns 524,610 shares of common stock. The filings note the 150,000-option grant dated October 12, 2015 (expiring October 11, 2025) and the 100,346-option grant dated February 27, 2018 (expiring February 26, 2026), and state the exercises were completed ahead of option expirations and an anticipated trading window closure.
Par Pacific Holdings, Inc. (PARR) filed a Form 144 notice for a proposed sale of 5,164 common shares with an aggregate market value of $144,442.64, representing a portion of the company's 50,814,687 outstanding shares. The filing identifies the broker as Merrill Lynch in Atlanta and lists the approximate sale date as 08/14/2025 on the NYSE. The shares were acquired through multiple vesting of stock awards from PAR PACIFIC HOLDINGS, INC. between February 2021 and February 2024 (individual lots of 836, 886, 1,002, 1,004 and 1,436 shares). The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information.
Par Pacific Holdings (PARR) posted a sharply stronger second quarter. Q2-25 revenue fell 6% YoY to $1.89 billion, but operating income nearly doubled to $96.8 million and net income climbed to $59.5 million ($1.17 diluted EPS) from $18.6 million ($0.32) on wider refining margins, lower general & administrative costs and higher equity earnings. Six-month revenue slipped 9% to $3.64 billion; however, net income rose to $29.1 million from $14.9 million despite a Q1 loss driven by February’s Wyoming refinery outage, which was fully restored by late April.
Cash flow & liquidity. H1 cash from operations improved to $132.2 million (vs. $20.8 million) on working-capital releases and lower inventory. Capex was $89.1 million; share repurchases of $80.8 million retired 4.5 million shares, bringing outstanding shares to 50.8 million. Cash and equivalents declined to $169.5 million (-$22.7 million YTD). Available ABL liquidity stood at $477.8 million, with total debt unchanged at $1.13 billion (net leverage ≈1× annualized Q2 EBITDA).
Balance sheet highlights. Total assets rose slightly to $3.90 billion. Inventories dropped $47.8 million to $1.04 billion, while environmental credit obligations increased to $301.2 million. Stockholders’ equity dipped 3.6% to $1.15 billion, largely from buybacks. Long-term debt maturities are light; the $650 million term loan carries a 2030 maturity and interest-rate collars cap SOFR at ~5.5% on $550 million notional through 2029.
Outlook considerations. Key swing factors for 2H-25 are crack-spread sustainability, RIN pricing (new $450 million product-financing facility), and integration of the repaired Wyoming refinery. Management provides no formal guidance in the filing.