Par Pacific Holdings, Inc. (PARR)
The company now
Par Pacific reported third-quarter 2026 net income attributable to stockholders of $353.3 million, or $7.11 per diluted share, against $262.6 million a year earlier 1.
A federal exemption drove much of the gain 1. In August 2026 the Environmental Protection Agency excused the company's mainland refineries, in full or in part, from a 2025 renewable fuel blending duty, and the company booked $222.0 million of Adjusted EBITDA from it 1.
Adjusted EBITDA, a profit measure before interest, taxes and wear-and-tear charges that the company adjusts for one-off items, was $646.0 million against $372.5 million 1. Refinery throughput fell to 174 thousand barrels a day from 198 because the Hawaii refinery ran at reduced rates during a turnaround, a planned shutdown for inspection and repair 13.
The open item is the exit from Laramie Energy, a Colorado natural gas producer in which Par owns 46 percent 4. Laramie agreed on 25 August 2026 to sell substantially all its oil and gas assets for $485 million in cash 4. Par expects about $120 million in cash by year end 1.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.