Earnings summaries and quarterly performance for PAR PACIFIC HOLDINGS.
Executive leadership at PAR PACIFIC HOLDINGS.
William Monteleone
Detailed
Chief Executive Officer and President
CEO
DM
Danielle Mattiussi
Detailed
Senior Vice President, Chief Retail Officer
IG
Ivan Guerra
Detailed
Chief Accounting Officer
JH
Jeffrey Hollis
Detailed
Senior Vice President, General Counsel and Secretary
RC
Richard Creamer
Detailed
Executive Vice President, Refining and Logistics
SF
Shawn Flores
Detailed
Senior Vice President, Chief Financial Officer
TP
Terrill Pitkin
Detailed
Senior Vice President, Planning & Commercial
Board of directors at PAR PACIFIC HOLDINGS.
AZ
Aaron Zell
Detailed
Director
CA
Curtis Anastasio
Detailed
Director
EY
Eric Yeaman
Detailed
Director
KH
Katherine Hatcher
Detailed
Director
PM
Patricia Martinez
Detailed
Director
PD
Philip Davidson
Detailed
Director
RS
Robert Silberman
Detailed
Chairman of the Board
TC
Timothy Clossey
Detailed
Director
WP
William Pate
Detailed
Director
Research analysts who have asked questions during PAR PACIFIC HOLDINGS earnings calls.
Matthew Blair
Tudor, Pickering, Holt & Co.
8 questions for PARR
Also covers: AMTX, BG, CE +20 more
MG
Manav Gupta
UBS Group
7 questions for PARR
Also covers: ADM, AMTX, BE +35 more
RT
Ryan Todd
Simmons Energy
5 questions for PARR
Also covers: BP, COP, CVX +9 more
Alexa Petrick
Goldman Sachs
4 questions for PARR
Also covers: CLMT, CNQ, CVI +3 more
JG
Jason Gabelman
TD Cowen
4 questions for PARR
Also covers: BP, CLMT, CLNE +20 more
Neil Mehta
Goldman Sachs
3 questions for PARR
Also covers: AESI, APA, AR +36 more
Michael Laupheimer
TD Cowen
2 questions for PARR
AM
Alejandra Magana
JPMorgan Chase & Co.
1 question for PARR
Also covers: CRC
JR
John Royall
JPMorgan Chase & Co.
1 question for PARR
Also covers: CASY, CNQ, CVE +13 more
Recent press releases and 8-K filings for PARR.
Par Pacific Holdings Reports Strong Full-Year 2025 Results and Strengthened Balance Sheet
PARR
Earnings
Share Buyback
New Projects/Investments
- Par Pacific Holdings reported full-year 2025 adjusted EBITDA of $634 million and adjusted net income of $7.56 per share.
- The company achieved record annual refining throughput and saw its Logistics and Retail segments generate record profits in 2025.
- Par Pacific significantly strengthened its balance sheet, ending 2025 with approximately $915 million in liquidity, reducing its share count by 10%, and lowering gross debt by $310 million.
- The Hawaii renewables project progressed into commissioning and early start-up phases during Q4 2025, with a focus on safe startup and optimization.
2 days ago
Par Pacific Reports Q4 and Full-Year 2025 Results
PARR
Earnings
Share Buyback
New Projects/Investments
- For the full year 2025, Par Pacific reported Adjusted EBITDA of $634 million and Adjusted net income of $7.56 per share. Fourth quarter Adjusted EBITDA was $113 million, with Adjusted net income of $60 million, or $1.17 per share.
- The company achieved record annual refining throughput of 188,000 barrels per day and record segment profits in both its logistics and retail businesses for 2025. The Hawaii renewables project also progressed into commissioning and early start-up phases during Q4 2025.
- Par Pacific significantly strengthened its balance sheet, ending 2025 with record liquidity of $915 million. The company repurchased 6.5 million shares, reducing shares outstanding by 10%, and lowered gross debt by $310 million.
2 days ago
Par Pacific Holdings Reports Strong Full-Year 2025 Results and Operational Progress
PARR
Earnings
Share Buyback
New Projects/Investments
- Par Pacific Holdings reported full-year 2025 adjusted EBITDA of $634 million and adjusted net income of $7.56 per share.
- The company achieved record annual refining throughput and saw its Logistics and Retail segments generate record profits in 2025. The Hawaii renewables unit also progressed into commissioning and early start-up phases during the fourth quarter of 2025.
- By year-end 2025, liquidity reached a record $915 million, and the company reduced its share count by 10% through repurchases of 6.5 million shares, while also lowering gross debt by $310 million.
2 days ago
Par Pacific Holdings, Inc. Reports Strong Q4 and Full Year 2025 Results
PARR
Earnings
Share Buyback
New Projects/Investments
- Par Pacific Holdings, Inc. reported full-year 2025 Net income attributable to stockholders of $369.4 million, or $7.16 per diluted share, a significant improvement from a net loss of $(33.3) million in 2024. For the fourth quarter of 2025, net income was $77.7 million, or $1.53 per diluted share.
- Adjusted EBITDA for the full year 2025 reached $633.5 million, compared to $238.7 million in 2024, with Q4 2025 Adjusted EBITDA at $113.1 million.
- The company repurchased 6.5 million shares in 2025, reducing shares outstanding by 10%, and authorized a new $250 million share repurchase program in February 2026.
- Strategic progress included successfully executing the Montana turnaround and advancing the Hawaii renewable fuels project towards startup.
3 days ago
Par Pacific Holdings Reports Fourth Quarter and Full Year 2025 Results
PARR
Earnings
Share Buyback
New Projects/Investments
- Par Pacific Holdings, Inc. reported net income attributable to stockholders of $77.7 million, or $1.53 per diluted share, for the fourth quarter ended December 31, 2025, and $369.4 million, or $7.16 per diluted share, for the full year 2025.
- The company's Adjusted Net Income attributable to stockholders was $59.5 million, or $1.17 per diluted share, for Q4 2025, and $390.1 million, or $7.56 per diluted share, for the full year 2025.
- Par Pacific achieved Adjusted EBITDA of $113.1 million for the fourth quarter of 2025 and $633.5 million for the full year 2025.
- The company repurchased 0.7 million shares in the fourth quarter of 2025, contributing to a total of 6.5 million shares repurchased in 2025 at an average price of approximately $19 per share, which reduced shares outstanding by 10%.
- As of December 31, 2025, Par Pacific's cash balance totaled $164.1 million and total liquidity was $914.6 million.
3 days ago
Par Pacific Announces 2026 Capital Expenditure Guidance
PARR
Guidance Update
New Projects/Investments
- On December 22, 2025, Par Pacific Holdings, Inc. (PARR) announced its 2026 capital expenditure and turnaround outlay guidance in the range of $190 million to $220 million.
- This guidance includes $50 million to $60 million for turnarounds, $105 million to $115 million for maintenance & catalyst, and $35 million to $45 million for growth investments.
Dec 22, 2025, 1:00 PM
Par Pacific Holdings, Inc. Amends Security Agreement and Term Loan Credit Agreement
PARR
Debt Issuance
New Projects/Investments
- Hawaii Renewables, LLC, a subsidiary of Par Pacific Holdings, Inc., entered into an Amended and Restated Pledge and Security Agreement with Wells Fargo Bank, N.A. on December 16, 2025. This agreement is intended to support swap transactions and the issuance of letters of credit related to soybean oil and crude oil.
- An Amendment No. 3 to the Term Loan Credit Agreement was executed on December 17, 2025, involving Par Pacific Holdings, Inc., Par Petroleum, LLC, Par Petroleum Finance Corp., and Wells Fargo Bank, N.A..
- This Amendment No. 3 revises the Applicable Margin for Amendment No. 3 Loans, setting it at 2.25% per annum for Base Rate Loans and 3.25% per annum for SOFR Loans.
Dec 19, 2025, 9:02 PM
Par Pacific Reports Strong Q3 2025 Financial and Operational Results
PARR
Earnings
Guidance Update
New Projects/Investments
- Par Pacific reported strong Q3 2025 financial results, with adjusted EBITDA of $372 million and adjusted EPS of $5.95 per share, which included a $203 million gain from small refinery exemptions.
- The company achieved robust operational performance, including a near-record combined throughput of 198,000 barrels per day and a record low refining production cost of $6.13 per barrel.
- Strategic initiatives progressed with the closing of the Hawaii Renewables joint venture, which generated $100 million in proceeds, and the Hawaii SAF project targeting mechanical completion by late Q4 2025.
- The balance sheet strengthened, with liquidity increasing 14% to $735 million, and the company repurchased $16 million in shares during Q3 2025, contributing to a year-to-date reduction of over 9% in basic share count.
- For Q4 2025, the combined refining index averaged $15.55 per barrel in October, and system-wide throughput is projected to be between 184,000 and 193,000 barrels per day.
Nov 5, 2025, 3:00 PM
Par Pacific Reports Strong Q3 2025 Results Driven by Operational Performance and Strategic Progress
PARR
Earnings
Guidance Update
New Projects/Investments
- Par Pacific reported strong Q3 2025 financial results, including $372 million in Adjusted EBITDA and $5.95 in adjusted net income per share, which benefited from a $203 million gain associated with small refinery exemptions.
- The company achieved a near record combined throughput of 198,000 barrels per day and a record low refining production cost of $6.13 per barrel across its operations in Q3 2025.
- Strategic initiatives are advancing, with the Hawaii SAF project targeting mechanical completion by late Q4 and the recent closing of the Hawaii Renewables joint venture, which provided $100 million in proceeds.
- Par Pacific strengthened its balance sheet by generating $219 million in cash from operations, making a $147 million ABL paydown, and repurchasing $16 million in shares during Q3 2025, contributing to a year-to-date reduction of over 9% in basic share count.
Nov 5, 2025, 3:00 PM
Par Pacific Holdings Presents Operational Highlights, Financial Trends, and Non-GAAP Adjustments
PARR
Guidance Update
Accounting Changes
- Par Pacific Holdings (PARR) is an energy company operating in the western U.S. with a system-wide refining capacity of 219,000 bpd, 119 fuel retail locations, and a 46% ownership interest in Laramie Energy. The company also reported approximately $1.0 billion in federal tax attributes as of December 31, 2024.
- The Retail and Logistics segments have demonstrated consistent growth in Adjusted EBITDA, collectively reaching $216 million for the LTM ended September 30, 2025, an increase from $196 million in 2024 and $121 million in 2021.
- For 2025, Par Pacific has provided capital expenditure guidance of $210-240 million, which includes $75-85 million for maintenance, $50-60 million for growth, and $85-95 million for turnarounds.
- The company has implemented several modifications to its non-GAAP financial measures, including Adjusted EBITDA and Adjusted Net Income, across fiscal years 2022, 2023, and 2024 to enhance comparability and better reflect operating performance, such as excluding mark-to-market adjustments for RINs and Washington CCA, Par West redevelopment costs, and certain hedge impacts.
Nov 4, 2025, 11:00 PM
Quarterly earnings call transcripts for PAR PACIFIC HOLDINGS.
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