• Par Pacific discussed first-quarter 2026 results on May 6 with President and CEO William Monteleone, EVP Refining and Logistics Richard Creamer, SVP and CFO Shawn Flores, and VP Investor Relations Ashimi Patel on call.
• Adjusted EBITDA totaled $91 million; adjusted net income was $39 million, or $0.78 per share, with management citing record system throughput and no crack spread hedges as refined product cracks surged in Asia.
• Hawaii renewable fuels unit reached on-spec renewable diesel in late April; operations are transitioning to validate sustainable aviation fuel mode, with a modest second-quarter contribution expected before a more meaningful ramp in the back half following Hawaii refinery turnaround.
• Hawaii turnaround remains scheduled for late June, expected to last 30 to 45 days; limited timing flexibility tied to hydrocracker catalyst life, with most financial impact expected in third quarter.
• Share repurchases were $28 million at an average price of $38 per share; management reiterated an opportunistic approach based on excess capital and discounts to intrinsic value, with liquidity at $938 million and gross term debt at $638 million.

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 08, 2026, and is solely responsible for the information contained therein.