- Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, operates 219,000 bpd of refining capacity across four locations and provides both renewable and conventional fuels primarily to the western United States.
- In February 2026, Par Pacific reported a significant turnaround with a net income of $369.4 million for 2025, alongside a new $250 million share repurchase program to return capital to shareholders.
- The company has formed a joint venture, Hawaii Renewables, LLC, to build a renewable fuels manufacturing facility expected to begin operations in the first half of 2026, aligning with its strategy to transition towards lower carbon fuels.
- Ideal buyers include energy companies and distributors looking for reliable fuel supply solutions; Par Pacific addresses the growing demand for renewable energy while leveraging its established refining and logistics capabilities.
Par Pacific Holdings operates with a diverse departmental structure, comprising 18 distinct departments. The largest department is Operations, with a headcount of 75 employees, followed closely by Finance at 60. Information Technology also plays a significant role, employing 46 personnel. This distribution indicates a strong emphasis on operational efficiency and financial management, while supporting functions like Human Resources and Marketing maintain a balanced workforce.
The geographic distribution of Par Pacific Holdings' workforce spans 53 locations, with a notable concentration in Houston, Texas, which houses 107 employees. Other key locations include Honolulu, Hawaii, with 17 employees, and Newcastle, Wyoming, with 12. The 'Other' category accounts for 226 employees, reflecting a distributed workforce across various sites, which may enhance operational flexibility and regional responsiveness.
