Earnings ·
Par Pacific reports $7.11 Q3 EPS on strong refining margins and SRE benefits
PARRPar Pacific Holdings, Inc.
Par Pacific Holdings reported third-quarter 2026 net income of $353.3 million, or $7.11 per diluted share, compared to $5.16 in the prior-year period. Adjusted Net Income was $531.5 million, including a $187.2 million benefit from Small Refinery Exemptions granted by the EPA. The company also announced it expects to receive approximately $120 million in near-term cash proceeds from its divestment of a 46% equity interest in Laramie Energy. Par Pacific operates refineries and energy infrastructure across Hawaii, the Pacific Northwest, and the Rockies.