Par Pacific Holdings Company Profile and Performance

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Par Pacific Holdings is a leading energy and retail company that's been making waves in the industry. The company was founded in 1956 and has since grown to become a major player in the energy and retail sectors.

Par Pacific Holdings has a diverse portfolio of assets, including refining, marketing, and retail operations. The company's refining operations are primarily located in Hawaii and Alaska, with a combined crude oil capacity of approximately 52,000 barrels per day.

Par Pacific Holdings has a strong track record of financial performance, with revenue growth of over 20% in recent years. The company's focus on operational efficiency and cost management has enabled it to maintain a healthy profit margin, even in times of market volatility.

The company's retail operations are a significant contributor to its overall revenue, with a network of over 900 convenience stores across the western United States.

Business Operations

Par Pacific Holdings operates its business across various segments to maximize efficiency and profitability. The company's operational framework is structured to take advantage of key markets.

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Refining is a crucial part of Par Pacific's operations, where crude oil is processed into various finished products. Refined products are then distributed through pipelines, barges, and trucks to end customers.

Par Pacific's refining operations are located in key markets, allowing the company to access cost-advantaged crude oil sources. This strategic location facilitates access to various crude supplies, impacting profitability.

The company's business economics are influenced by several key factors, including refining margins and crude oil supply. Refining margins can fluctuate based on supply, demand, and geopolitical events, while access to cost-advantaged crude oil sources impacts profitability.

Here are the different segments of Par Pacific's operations:

  • Refining: Processing crude oil into various finished products
  • Distribution and Marketing: Distributing refined products to end customers
  • Retail: Selling gasoline, convenience store items, and other merchandise directly to consumers
  • Logistics: Managing the transportation and storage of crude oil to supply refining operations

Hawaii Operations

Par Pacific's operations in Hawaii are a significant part of their business. The company completed the $45 million sale of the Par East refinery at the Campbell Industrial Park in Kapolei, Hawaii in December 2018.

Par Pacific operates the Par East refinery in Kapolei, which is a 94,000-b/sd crude and vacuum distillation refinery. The refinery is led by president Jimmy Yates and is a subsidiary of Par Pacific.

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Par Pacific expected to hire 20 additional employees along with 65 IES workers after the sale. IES will continue to own and maintain the Kapolei offshore mooring terminal and provide logistical support of petroleum products.

The Kapolei refinery received shipments of Minas crude from Riau in Sumatra, Indonesia in 2018. However, these shipments were terminated in 2019.

In 2022, the refinery received about a quarter of its crude from Russia's Far East. Following the US ban on Russian oil imports, Par Pacific announced it would source non-Russian crude.

Between August and December 2021, the refinery received one shipment of approximately 700,000 barrels from the Russian Far East. To replace Russian sources, Par Pacific plans to source from North America and South America.

How It Works

Par Pacific Holdings, Inc. operates primarily in Hawaii, the Pacific Northwest, and the Rockies, refining, marketing, and distributing fuel products while also engaging in retail activities and crude oil logistics. This strategic positioning allows the company to benefit from its access to various crude supplies.

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The company's refining operations are a significant source of revenue, accounting for approximately 70-80% of total revenue. This is subject to market volatility, as refining margins can fluctuate based on supply, demand, and geopolitical events.

Par Pacific's refining operations involve processing crude oil into various finished products at refineries located in key markets. This is a critical step in the company's operational framework, as it enables the distribution of refined products to end customers.

The distribution and marketing of refined products is another key aspect of Par Pacific's operations, with products being distributed through pipelines, barges, and trucks to retail outlets and wholesale clients. This helps to ensure that the company's products reach the right customers at the right time.

In addition to refining and distribution, Par Pacific also operates retail locations in Hawaii, selling gasoline, convenience store items, and other merchandise directly to consumers. This adds an additional revenue stream to the company's operations.

The company's logistics operations are also an important part of its business, managing the transportation and storage of crude oil to supply its refining operations. This helps to ensure that the company has a stable supply of crude oil, which is critical to its refining operations.

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Here is a breakdown of Par Pacific's operational segments:

  • Refining: Crude oil is processed into various finished products at refineries located in key markets.
  • Distribution and Marketing: The refined products are then distributed through pipelines, barges, and trucks to end customers.
  • Retail: In Hawaii, Par Pacific operates retail locations that sell gasoline, convenience store items, and other merchandise directly to consumers.
  • Logistics: The company manages the transportation and storage of crude oil to supply its refining operations.

Financial Performance

Par Pacific Holdings' financial performance is a mixed bag, with some metrics showing promise and others indicating challenges.

The company's revenue is a significant $7.61B, indicating a substantial business.

However, the profit margin is a concerning -0.25%, suggesting that the company is struggling to turn a profit.

Return on Assets (ROA) is a respectable 1.05%, but Return on Equity (ROE) is a negative -1.59%, indicating that the company is not generating enough income to cover its costs.

Here's a breakdown of Par Pacific Holdings' key financial metrics:

The company's net income is actually a negative $19.15M, which is a significant concern.

Par Pacific Holdings' debt levels are also worth monitoring, as high debt can increase financial risk and make it difficult to meet obligations.

Investor Information

As an investor, it's essential to have the right information about Par Pacific Holdings. The company's stock is listed on the NYSE under the ticker symbol PARR.

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Par Pacific Holdings is a common stock, and its fiscal year runs from January to December. This means that the company's financial reports are based on a calendar year, which can be helpful for investors who want to track its performance over time.

Here's a summary of some key investor information about Par Pacific Holdings:

The company's Employer ID is 84-1060803, and its SIC Code is 1311. This information can be useful for investors who want to dig deeper into the company's operations and financials.

Stock Details

Stock Details are crucial for any investor looking to dive into the world of stocks. The ticker symbol for this particular stock is PARR.

You can find this stock listed on the New York Stock Exchange, or NYSE for short. The stock type is Common Stock, which means that it's the most basic type of stock and represents ownership in the company.

The fiscal year for this company runs from January to December, which is a pretty standard calendar year. The reporting currency for this stock is USD, or the United States dollar.

Here is a list of key identifiers for this stock:

These identifiers are all important for tracking and identifying this stock, especially if you're doing any kind of research or analysis.

Latest SEC Filings

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As an investor, it's essential to stay informed about the latest SEC filings of the companies you're interested in. The latest SEC filings provide a wealth of information about a company's financial health, business operations, and corporate actions.

One of the most recent SEC filings was on Oct 3, 2025, which was a Current Report (8-K). This filing type is often used to disclose significant events or changes that occur within a company.

The company also filed several Form 144 filings on September 2, 2025, which indicates that insiders or other authorized parties are planning to sell or transfer securities.

On August 6, 2025, the company filed a Quarterly Report (10-Q), which provides detailed information about the company's financial performance for the quarter.

Here's a list of the latest SEC filings:

Analyst Recommendations

The analyst recommendations for PARR stock are quite straightforward. The ticker symbol for PARR is PARR, and it's listed on the NYSE exchange.

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According to the research reports, Argus has provided multiple recommendations for PARR stock. Their most recent rating is a SELL rating with a target price of $28.000000.

The research reports also mention that the investment rating is consistent across multiple reports, with all of them having a SELL rating. The target prices vary slightly, ranging from $28.000000 to $30.000000.

Here's a summary of the Argus ratings:

It's worth noting that the industry subrating, management subrating, safety subrating, financial strength subrating, growth subrating, and value subrating are all consistent across these reports, with a medium or low rating in each category.

Leadership and Ownership

Par Pacific Holdings, Inc. has a mix of institutional, retail, and insider ownership, which influences its governance and strategic direction. This diversity of ownership is crucial for investors and stakeholders to understand.

The ownership of Par Pacific Holdings, Inc. is primarily held by institutional investors, who make up 87.93% of the company. These firms manage large sums of money, such as hedge funds, mutual funds, and pension funds.

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Retail investors, who are individual investors buying and selling securities for their own accounts, hold 11.73% of the company.

Here is a breakdown of the ownership types:

The leadership team, led by President and Chief Executive Officer William E. Pate, guides the strategic decisions and day-to-day operations of Par Pacific Holdings, Inc.

Leadership

The leadership team at Par Pacific Holdings, Inc. plays a crucial role in guiding the company's strategic decisions and day-to-day operations.

William E. Pate serves as the President and Chief Executive Officer, having played a crucial role in the company's early growth and strategic positioning. He has been instrumental in shaping the company's direction.

Shannon H. Greene is the Executive Vice President and Chief Financial Officer, contributing to the company's financial management and strategic decisions. Her expertise is invaluable in driving the company's financial health.

Willie L. Chiang serves as the Chairman of the Board, providing strategic guidance and oversight to the company.

Here is a summary of the key members of the leadership team:

  • William E. Pate: President and Chief Executive Officer
  • Shannon H. Greene: Executive Vice President, Chief Financial Officer
  • Willie L. Chiang: Chairman of the Board

Ownership Structure

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Par Pacific Holdings, Inc. has a diverse ownership structure, with a significant presence of institutional investors.

87.93% of the company is owned by institutional investors, such as hedge funds, mutual funds, and pension funds.

These large investors manage significant sums of money, making them a substantial force in the company's governance and strategic direction.

Retail investors, on the other hand, own a relatively small portion of the company, accounting for 11.73% of the shares.

Insiders, including the company's officers and directors, hold a tiny fraction of the company, with 0.34% of the shares.

Here's a breakdown of the ownership structure:

Mission and Strategy

Par Pacific Holdings, Inc. is committed to delivering essential energy and services with integrity and community partnership. At the heart of their operations is a focus on providing quality energy products and services.

Their core values emphasize safety, respect, and continuous improvement. This approach is evident in their mission statement, which highlights their stakeholder-focused approach.

Here are the key operational principles that guide Par Pacific Holdings, Inc.'s mission:

  • Providing quality energy products and services is central to their operations.
  • Safety, reliability, and environmental responsibility are key operational principles.
  • Creating value for shareholders, employees, and communities highlights their stakeholder-focused approach.

Transformative Moments

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Par Pacific Holdings, Inc. has undergone significant transformative moments that have reshaped its business portfolio.

The company's entry into refining and retail in Hawaii marked a transformative step in 2013 with the acquisition of Tesoro Hawaii. This move diversified its operations beyond its initial energy infrastructure focus.

Par Pacific expanded its midstream operations in Hawaii in 2014 with the acquisition of Koko Pipeline, adding critical infrastructure for transporting crude oil and refined products.

The company further solidified its presence in the Hawaiian market in 2015 with the acquisition of Island Energy Services (IES), adding another refinery and a network of retail stations.

In 2017, Par Pacific diversified its refining footprint to the mainland U.S. with the acquisition of U.S. Oil & Refining Co. in Tacoma, Washington, reducing its dependence on the Hawaiian market.

The acquisition of Wyoming Refining Company in 2019 expanded refining capacity and geographic reach, enhancing the company's ability to serve markets in the Rocky Mountain region.

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Par Pacific's strategic move into critical energy infrastructure assets on the U.S. East Coast was demonstrated in 2021 with the acquisition of a stake in Colonial Pipeline.

The company's focus on owning and operating critical energy infrastructure assets that generate stable cash flows is underscored by its investments in the Koko Pipeline, Colonial Pipeline stake, and Texas Pipeline System.

Here's a summary of Par Pacific's transformative moments:

Mission and Values

Par Pacific Holdings, Inc. has a strong foundation of mission and values that guide their operations.

Their mission statement emphasizes delivering quality energy products and services in a safe, reliable, and environmentally responsible manner. This commitment to safety and environmental responsibility is a key principle that underpins their business practices.

Providing quality energy products and services is central to their operations, and they strive to create value for their shareholders, employees, and the communities in which they operate.

Their core values emphasize safety, respect, and continuous improvement. These values are not just empty words, but are lived out in their daily operations.

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Here are some key aspects of their mission and values:

Their vision statement is to be the preferred energy and service provider in the markets they serve. This aspiration to excellence and customer satisfaction is a driving force behind their business strategy.

Product/Service Portfolio

At Par Pacific Holdings, they have a diverse product and service portfolio that caters to different markets.

Their refined products, which include gasoline, diesel, and jet fuel, are designed to meet local demand and comply with environmental regulations. This is evident in their focus on Hawaii, the Pacific Northwest, and the Rockies.

Here are some of the key products and services offered by Par Pacific Holdings:

Par Pacific Holdings operates retail operations primarily in Hawaii, offering a convenient one-stop shop for fuel and merchandise. Their retail operations are an essential part of their product and service portfolio.

Market and Industry

Par Pacific Holdings, Inc. maintains a significant position within its operating markets, primarily characterized by a diversified portfolio of energy assets, including refining, retail, and logistics operations.

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The company's strategic focus on niche markets with limited competition and strong demand fundamentals has allowed it to carve out a unique position in the industry.

Par Pacific Holdings, Inc. has a market share of around 8%, which is a notable presence in the competitive energy market.

Here's a breakdown of the company's position in the industry:

Par Pacific Holdings, Inc. is well-positioned to navigate the evolving energy market trends, thanks to its integrated business model and strategic assets.

Locations

Our company has a strong presence across the United States, with multiple locations that cater to various markets and industries.

We have a primary location at 825 Town and Country Ln, Suite 1500, in Houston, Texas 77024, US. You can get directions to this location by clicking the link provided.

Our other locations include Kapolei, Hawaii 96707, US, and Newcastle, Wyoming 82701, US.

Here is a list of our locations:

  • 825 Town and Country Ln, Suite 1500, Houston, TX 77024, US
  • 91-325 Komohana Street, Kapolei, HI 96707, US
  • 740 West Main Street, Newcastle, WY 82701, US
  • 3001 Marshall Ave, Tacoma, WA 98421, US
  • 3808 N Sullivan Rd, Blg #15, Ste 106, Spokane Valley, WA 99216, US
  • 700 Par Montana Rd, Billings, MT 59101, US

Market Position and Future Prospects

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Par Pacific Holdings, Inc. (PARR) maintains a significant position in its operating markets, primarily characterized by a diversified portfolio of energy assets, including refining, retail, and logistics operations.

The company's strategic focus on niche markets with limited competition and strong demand fundamentals has allowed it to carve out a unique space for itself in the industry.

A commitment to operational excellence and sustainable practices is also a key aspect of PARR's market position, as it aims to enhance long-term value creation.

Par Pacific Holdings, Inc. has a market share of around 8%, which is a notable presence in the competitive landscape.

Here's a snapshot of the company's main competitors:

As of April 2025, Par Pacific Holdings, Inc. (PARR) is navigating a dynamic market, leveraging its strategic assets and integrated business model to capitalize on emerging opportunities while addressing potential headwinds.

Contact Details

You can easily get in touch with Par Pacific Holdings through their contact details. The company's address is 825 Town & Country Lane, Suite 1500, Houston, Texas 77024, United States.

The phone number to reach them is 281 899 4800. You can also visit their website at parpacific.com for more information.

If you prefer to contact them online, their website is a great resource.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

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