PAR Pacific Holdings, Inc. PARR

What this company does

Par Pacific Holdings, Inc., headquartered in Houston, Texas, provides both renewable and conventional fuels to the western United States. Its business is organized into three primary segments: Refining, Retail and Logistics. Its Refining segment owns and operates refineries in Hawaii, Wyoming, Washington and Montana with total operating crude oil throughput capacity of 219 Mbpd; during 2025 these refineries processed 187.8 Mbpd of crude oil and sold 199.1 Mbpd of refined products. Its Retail segment operates fuel retail outlets in Hawaii, Washington and Idaho, including convenience stores and fuel retail sites under its Hele and nomnom brands, 76-branded fuel retail sites, and unattended cardlock stations selling gasoline, diesel and retail merchandise. Its Logistics segment generates revenue by charging fees for transporting crude oil to the company's refineries, delivering refined products to wholesale and bulk customers and to its retail business, and storing crude oil and refined products. As of December 31, 2025, its employees were distributed across operating segments in the United States as follows: 1,047 in Refining and Logistics, 522 in Retail and 189 in Corporate, for a total of 1,758. In 2025, one customer in its Refining segment accounted for 12% of its consolidated revenue.

Written from the business description in PAR PACIFIC HOLDINGS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.