Par Pacific Holdings, Inc., incorporated on November 7, 2005, manages and maintains interests in energy and infrastructure businesses. The Company's segments include Refining, Retail, Logistics, Texadian, and Corporate and Other. Texadian segment focuses on sourcing, marketing, transporting and distributing crude oil and refined products in the United States and Canada. Corporate and Other segment includes several small non-operated oil and gas interests that are owned by the Company's predecessor.
Refining
Refinery segment includes the Company's refinery operations in Kapolei, Hawaii, which produces sulfur diesel, gasoline, jet fuel, marine fuel and other associated refined products primarily for consumption in Hawaii. Its refinery in Newcastle, Wyoming, produces gasoline, sulfur diesel, jet fuel and other associated refined products that are primarily marketed in Wyoming and South Dakota.
Hawaii refinery is located in Kapolei, Hawaii, on the island of Oahu on approximately 130 fee-owned acres, approximately 20 miles west of Honolulu. As of December 31, 2016, Hawaii refinery was rated at 94 thousand barrels per day throughput. The Company sources its crude oil for the Hawaii refinery from North America, South America, Southeast Asia, the Middle East, Russia and other sources. The Hawaii refinery's processing units include crude distillation, vacuum distillation, visbreaking, hydrocracking, naphtha hydrotreating and reforming units, which produce sulfur diesel, gasoline, jet fuel, marine fuel, low sulfur fuel oil and other associated refined products. Hawaii refining business sells refined products through its logistics network to wholesale and bulk customers and to its retail business in Hawaii. Wyoming refinery is located in Newcastle, Wyoming. As of December 31, 2016, Wyoming refinery was rated at 18 thousand barrels per day throughput. The Wyoming refinery's processing units include crude distillation, catalytic cracker, naphtha hydrotreating and reforming units, which produce gasoline, sulfur diesel, jet fuel and other associated refined products.
Retail
Retail segment includes retail outlets that sell gasoline, diesel and retail merchandise throughout the islands of Oahu, Maui, Hawaii and Kauai. Its retail network includes Hele, Tesoro and 76 branded retail sites, cardlock stations, company-operated convenience stores, sites operated in cooperation with 7-Eleven and other sites operated by third parties. As of December 31, 2016, the retail segment included 90 locations in Hawaii, out of which 37 were outlets operated by the Company's personnel and include various sizes of kiosks, snack shops or convenience stores, and the remaining 53 locations are cardlocks or sites operated by third parties where it retains ownership of the fuel and sets retail pricing.
Logistics
Logistics segment owns and operates terminals, pipelines, a single-point mooring (SPM) and trucking operations to distribute refined products throughout the island of Oahu, as well as the neighboring islands of Maui, Hawaii, Molokai and Kauai. It owns and operates a crude oil pipeline gathering system and related storage facilities in Wyoming and a refined products pipeline that transports product from its Wyoming refinery to a common carrier with access to Rapid City, South Dakota. Its Wyoming operations also include storage, loading racks and a rail siding at the refinery site. It also owns and operates a jet fuel storage facility and pipeline that serve Ellsworth Air Force Base in South Dakota.
Logistics network extends throughout the state of Hawaii. As of December 31, 2016, the Company's terminal facilities on Oahu included Sand Island facility that comprises two tanks with a total capacity of 30 thousand barrels, as well as contractual rights to utilize strategically located third-party facilities both near the Hawaii refinery and at Honolulu Harbor near downtown. The Company also operates a trucking business on Oahu to distribute gasoline and road diesel to the final point of sale. Its logistics network for the neighboring islands consists of leased barge equipment and refined product tankage and trucking operations on the islands of Maui, Hawaii, Molokai and Kauai. It charters two barges to serve neighbor island markets. Wyoming logistics network includes a 140-mile crude oil pipeline gathering system that provides the Company access to crude oil from the Powder River Basin.
The Company competes with Chevron, Shell, Texaco, Costco, Safeway, Sam's Club and Aloha.
800 Gessner Rd Ste 875
The company trades on AMEX exchange. The company headquarter is located in Texas, TX. The company was established in the 1984.| Ticker | PARR |
| Long Name | Par Pacific Holdings, Inc. |
| Short Name | Par Pacific |