Par Pacific Holdings, Inc. Reports Third Quarter 2026 Financial Results

Par Pacific Holdings reported third-quarter 2026 net income of $353.3 million, or $7.11 per diluted share, up from $262.6 million a year earlier. Adjusted net income was $531.5 million, or $10.70 per diluted share, exceeding analyst expectations; results included $222.0 million in Adjusted EBITDA from small refinery exemption benefits and strong segment performance. The company expects to complete the sale of its 46% stake in Laramie Energy by year-end for about $120 million in near-term cash proceeds, and repurchased $10 million of its common stock during the quarter.