Quarterly ResultAug 5, 2026, 06:04 AM
Par Pacific Q2 Net Income $462.1M, EPS $9.35
AI Summary
Par Pacific Holdings reported strong financial results for the second quarter ended June 30, 2026, with net income attributable to stockholders soaring to $462.1 million, or $9.35 per diluted share. Adjusted Net Income and Adjusted EBITDA also saw substantial year-over-year increases, reflecting robust operational and commercial execution. The company also announced the substantial completion of its Hawaii turnaround and a successful $500 million Senior Unsecured Notes offering, which reduced term debt by over $130 million.
Key Highlights
- Net income attributable to Par Pacific stockholders was $462.1 million, up from $59.5 million in Q2 2025.
- Diluted earnings per share (EPS) was $9.35, compared to $1.17 in Q2 2025.
- Adjusted Net Income attributable to stockholders reached $499.2 million, up from $78.3 million in Q2 2025.
- Adjusted EBITDA was $571.3 million, significantly higher than $137.8 million in Q2 2025.
- Refining segment operating income was $629.9 million, compared to $81.3 million in Q2 2025.
- Completed a $500 million Senior Unsecured Notes offering, reducing term debt by over $130 million.
- Total liquidity stood at $1.4 billion as of June 30, 2026.
Price Impact
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