Nov 3, 7:15 PM ET
Par Pacific reported third quarter 2026 net income attributable to stockholders of $353.3 million, or $7.11 per diluted share, up from $262.6 million, or $5.16 per share, a year earlier. The results include a $187.2 million small refinery exemption benefit from the EPA, and the company agreed to sell its 46% interest in Laramie Energy, with about $120 million in cash proceeds expected by year end.
- Revenues were $3,052.4 million in Q3 2026, compared with $2,012.9 million in Q3 2025.
- Adjusted net income attributable to stockholders was $531.5 million, or $10.70 per diluted share, including a $187.2 million SRE impact.
- The EPA granted full and partial small refinery exemptions in August 2026, which the company recorded as a gain in the third quarter.
- The Laramie Energy sale is expected to close in Q4 2026, with about $120 million in cash proceeds expected by year end.
Read the filing on SEC.gov ↗
Sep 28, 4:01 PM ET
Par Pacific appointed Jerry Stumbo, formerly a Valero refinery general manager, as Executive Vice President of Refining and Logistics effective September 28, 2026. Richard Creamer, the current executive in the role, will serve as Senior Advisor until his planned retirement on or about April 1, 2027.
- Jerry Stumbo, age 55, joins from Valero Energy, where he was VP and General Manager of the Port Arthur, Texas Refinery
- Stumbo's Port Arthur refinery has approximately 435,000 barrels per day of throughput capacity
- Richard Creamer retires effective on or about April 1, 2027, after serving as Senior Advisor from September 28, 2026
Read the filing on SEC.gov ↗
Aug 4, 5:37 PM ET
Par Pacific reported second quarter 2026 net income attributable to stockholders of $462.1 million, or $9.35 per diluted share, compared with $59.5 million, or $1.17 per diluted share, a year earlier. Revenues were $2,968.9 million, up from $1,893.4 million, and Adjusted EBITDA was $571.3 million, up from $137.8 million, with the Hawaii turnaround substantially complete.
- Net income attributable to Par Pacific stockholders: $462.1 million, or $9.35 per diluted share, versus $59.5 million, or $1.17, in Q2 2025
- Adjusted Net Income attributable to stockholders: $499.2 million, or $10.10 per diluted share; Adjusted EBITDA: $571.3 million
- Refining segment operating income: $629.9 million, versus $81.3 million in Q2 2025
- Completed $500 million Senior Unsecured Notes offering, reducing term debt by more than $130 million; cash balance was $185.0 million at June 30, 2026
Read the filing on SEC.gov ↗
May 14, 4:26 PM ET
Par Petroleum, a wholly owned subsidiary of Par Pacific Holdings, closed a $500 million private placement of 7.375% senior notes due 2034 and entered into a New ABL revolving credit facility of up to $1.8 billion maturing May 14, 2031. The company said it used the notes proceeds, cash on hand and ABL borrowings to repay and terminate Par Petroleum's term loan due 2030. The filing contains no earnings or guidance figures, so the changes mainly affect the company's debt structure and maturities.
- Notes: $500 million of 7.375% senior unsecured notes due June 1, 2034, sold in a private placement
- New ABL: up to $1.8 billion senior secured revolver, with a $500 million incremental facility subject to lender commitments, maturing May 14, 2031
- Proceeds, cash on hand and ABL borrowings were used to repay all of the term loan due 2030 and terminate it
Read the filing on SEC.gov ↗
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