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Par Pacific reports Q3 2026 net income of $353M, boosted by refinery exemptions and plans to divest Laramie Energy stake.

Company Fundamentals
03 Nov 2026, 23:15 WIB
GlobeNewsWire
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Bullish
Par Pacific reports Q3 2026 net income of $353M, boosted by refinery exemptions and plans to divest Laramie Energy stake.

Par Pacific Holdings reported strong Q3 2026 results with net income of $353.3 million and adjusted net income of $531.5 million, driven by a $187.2 million benefit from small refinery exemptions. The company plans to divest its 46% stake in Laramie Energy, expecting near-term cash proceeds of about $120 million by year-end. Refining segment margins improved significantly despite lower throughput, while the newly created Renewables segment posted its first profitable quarter. Par Pacific remains focused on operational reliability and customer service amid favorable market conditions.

Par Pacific Holdings' Q3 2026 results provide context for energy market watchers. For readers following energy stocks, here is Pluang's market snapshot as of Nov 04, 2026 04:21 WIB: Among 79 priced US energy stocks, 27 rose and 51 fell. Notable movers include Cenovus Energy Inc (CVE) at USD 30.68, down 6.29%, Sunrun Inc (RUN) at USD 8.75, up 6.06% with 42% sell and 58% buy order activity, and Kosmos Energy Ltd. (KOS) at USD 2.60, up 5.47% with 7% sell and 93% buy order activity.

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