PAR PACIFIC HOLDINGS, INC.

Par Pacific Holdings reported significantly improved financial results for the second quarter and first half of 2026. Net income for Q2 surged to $462.9 million, with diluted EPS reaching $9.35, driven by strong revenue growth. The company also completed a major debt refinancing, amending its ABL Credit Facility to $1.8 billion and issuing $500 million in senior notes to repay its Term Loan Credit Agreement.

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.

Par Pacific Holdings, Inc. reported strong financial results for the second quarter of 2026, with net income attributable to stockholders soaring to $462.1 million and Adjusted EBITDA reaching $571.3 million. The company highlighted the substantial completion of its Hawaii refinery turnaround and a successful $500 million Senior Unsecured Notes offering that reduced term debt by over $130 million. These results reflect robust operational performance and a favorable market environment.

Par Pacific Holdings, Inc. announced it will release its second quarter 2026 financial results after the New York Stock Exchange closes on Tuesday, August 4, 2026. This will be followed by a conference call for investors on Wednesday, August 5, 2026, at 9:00 a.m. Central Time. Details for accessing the call, webcast, and replay have been provided.

Par Pacific Holdings, Inc. announced that its wholly owned subsidiary, Par Petroleum, LLC, completed a private placement of $500 million in 7.375% Senior Notes due 2034. Concurrently, the company increased and extended its Asset-Based Revolving Credit Facility to $1.8 billion, with a new maturity date of May 14, 2031. The net proceeds from the notes offering, along with cash on hand and ABL borrowings, were used to repay and terminate Par Petroleum's term loan due 2030.

Par Pacific Holdings, Inc. announced that its subsidiary, Par Petroleum, LLC, closed a private placement of $500 million in 7.375% senior unsecured notes due 2034. Concurrently, the company increased lender commitments under its senior secured asset-based revolving credit facility to $1.8 billion and extended its maturity to 2031. The funds from the notes offering, along with cash and ABL borrowings, were used to repay and terminate Par Petroleum's term loan due 2030, enhancing the company's financial flexibility.

Par Pacific Holdings, Inc. announced that its wholly owned subsidiary, Par Petroleum, LLC, priced a private placement of $500 million in 7.375% senior unsecured notes due 2034. The notes will be issued at par and are fully guaranteed by Par Pacific. The company intends to use the net proceeds from this offering, along with cash on hand or ABL Credit Facility borrowings, to repay and terminate Par Petroleum's term loan due 2030. The offering is expected to close on May 14, 2026.

Par Pacific Holdings, Inc. announced that its wholly owned subsidiary, Par Petroleum, LLC, intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2034. This offering will be conducted as a private placement to qualified institutional buyers and non-U.S. persons. The notes are expected to be fully guaranteed by Par Pacific and its relevant subsidiaries, and the proceeds will be used to repay and terminate Par Petroleum’s existing term loan due 2030.

Par Pacific Holdings, Inc. reported a significant turnaround in its first quarter results for 2026, swinging from a net loss to a substantial net income. The company posted net income attributable to stockholders of $54.45 million, or $1.10 per diluted share, compared to a net loss of $30.40 million, or $(0.57) per diluted share, in the prior year period. Revenues also increased to $1.82 billion from $1.75 billion year-over-year.

Par Pacific Holdings reported strong first quarter 2026 financial results, with net income attributable to stockholders of $54.5 million and Adjusted EBITDA of $91.5 million, a significant improvement over the prior year. The company also announced the successful commencement of commercial operations for its Hawaii renewable fuels facility in April. Additionally, Par Pacific repurchased $28.0 million of common stock during the quarter, reflecting confidence in its performance and outlook.