Par Pacific Holdings Inc. unveils strategy for expanding refining, logistics, and retail fuel operations in the western United States

Reuters11-06
<a href="https://laohu8.com/S/PARR">Par Pacific</a> Holdings Inc. unveils strategy for expanding refining, logistics, and retail fuel operations in the western United States

Par Pacific Holdings Inc. presented an update highlighting its integrated energy operations across the western United States. The company reported a system-wide refining capacity of 219,000 barrels per day and operates an extensive logistics network with 13 million barrels of storage capacity, supported by marine, rail, and pipeline assets. Par Pacific's retail segment includes 119 fuel retail locations in Hawaii and the Pacific Northwest, with proprietary and dual-branded offerings such as Hele, 76, and nomnom. The company also holds a 46% ownership interest in Laramie Energy, a natural gas exploration and production company. As of December 31, 2024, Par Pacific had approximately $1.0 billion in federal tax attributes. The company emphasized a strong distillate yield profile and a diversified crude sourcing strategy, including exposure to Western Canadian Select heavy crude and other North American sources. Expansions and acquisitions have increased refining scale and geographic reach in strategic locations. You can access the full presentation through the link below.

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