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Par Pacific reports Q2 2026 net income of $462M, driven by strong refining margins and operational recovery.

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bullish
Par Pacific reports Q2 2026 net income of $462M, driven by strong refining margins and operational recovery.

Par Pacific Holdings reported a net income of $462.1 million for Q2 2026, a significant increase from $59.5 million in Q2 2025, supported by improved refining margins and completion of major maintenance in Hawaii. Adjusted EBITDA rose to $571.3 million, reflecting strong operational execution despite slightly lower throughput. The company also reduced term debt by over $130 million through a $500 million notes offering, positioning it well for current market conditions. Looking ahead, Par Pacific expects to benefit from favorable margins as its turnaround maintenance is largely complete.

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