• Par Pacific outlined a downstream platform with 219,000 bpd of system-wide refining capacity, 13 million barrels of storage, 115 fuel retail sites in Hawaii and Pacific Northwest.
• Hawaii Renewables project flagged at 61 million gallons per year, flexible to produce up to 60% sustainable aviation fuel or 90% renewable diesel yield; on-spec renewable diesel production started in April 2026.
• Hawaii Renewables joint venture structure set at 63.5% controlling ownership for Par Pacific; Mitsubishi and ENEOS, via Alohi Renewable Energy, invested USD 100 million for 36.5%.
• Mid-cycle framework showed adjusted EBITDA of USD 485 million to USD 515 million; modified levered free cash flow of USD 300 million to USD 330 million.
• Balance sheet targets included gross term debt of 3-4x retail and logistics annual adjusted EBITDA; share count listed at 49 million as of March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Par Pacific Holdings Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.