| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.8K | 4.5% |
| Total Income | 1.8K | 4.5% |
| Expenditure | 1.8K | 0.1% |
| PBT | 58.49 | 256.9% |
| Net Profit | 54.45 | 279.1% |
| OPM | 3.58% | 4.49pp |
| NPM | 2.99% | 4.73pp |
| EPS | 1.12 | 296.5% |
Par Pacific Holdings Reports Q1 2026 Results
06 May 2026 · 6 May, 2:37 am
Summary
Par Pacific Holdings reported a net income attributable to stockholders of $54.5 million, or $1.10 per diluted share, for the quarter ended March 31, 2026, compared to a loss of $(30.4) million, or $(0.57) per diluted share, for the same quarter in 2025. Adjusted net income for the first quarter of 2026 was $38.5 million, compared to $(50.3) million in the first quarter of 2025. Adjusted EBITDA for the first quarter of 2026 was $91.5 million, compared to $10.1 million in the first quarter of 2025. The Hawaii renewable fuels facility successfully achieved commercial operations in April.
Key Highlights
- 1
Par Pacific Holdings reported net income attributable to stockholders of $54.5 million, or $1.10 per diluted share, for the first quarter of 2026.
- 2
Adjusted net income attributable to Par Pacific stockholders was $38.5 million for Q1 2026.
- 3
The company's Adjusted EBITDA reached $91.5 million in the first quarter of 2026.
- 4
The company repurchased $28.0 million of common stock at an average price of $37.96 per share during the quarter.
- 5
Record quarterly Hawaii refining throughput was 89.8 Mbpd.
- 6
The Hawaii renewable fuels facility began commercial operations in April.
Management Comments
Will Monteleone
“Our continued focus on reliability and commercial performance through market cycles enabled strong first quarter results. During April, the Hawaii renewable fuels facility successfully achieved commercial operations, a major milestone for the project. Our outlook is strong and we are well positioned to capitalize on the elevated margin environment across our system.”
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