Par Pacific Holdings reported a net income of $54.5 million for Q1 2026, a significant turnaround from a loss of $30.4 million in Q1 2025. The company saw strong performance across its refining segments, with record throughput in Hawaii and the start of commercial operations at its Hawaii renewable fuels facility in April. Adjusted EBITDA rose to $91.5 million, driven by improved margins and higher throughput. Par Pacific also repurchased $28 million of stock and maintains strong liquidity with $172.2 million in cash and $937.7 million total liquidity, positioning it well for continued growth amid favorable market conditions.
Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology companies involved in developing, manufacturing, and commercializing optical hardware that uses light for data processing. Th...
Defiance ETFs has introduced the Defiance Photonics UCITS ETF (PHOT), the first European ETF focused on photonics technology, which uses light to generate, transmit, and process data. This ETF allows investors to target companies involved in photonic...
The circulating supply of USDT on the TRON blockchain has surpassed $90 billion, solidifying TRON's position as a top network for stablecoin activity. TRON leads all networks with $4.2 trillion in USDT transfer volume year-to-date and processes over ...
Sky Quarry Inc. appointed Ray Hansen, a 35-year refining industry veteran, as President of Foreland Refining just as its Eagle Springs refinery in Nevada begins production. Hansen's extensive experience at major refiners like HF Sinclair and Chevron ...
Western Star Resources conducted the first public soil survey at its past-producing Rowland Tungsten Property in Nevada, revealing a peak tungsten trioxide (WO₃) concentration of 1,425 ppm. This high anomaly aligns with geological and magnetic data, ...
