Wednesday, October 11, 2017


PARR Par Pacific Holdings, Inc. gains 15% Oct 11, 2017

Par Pacific Holdings, Inc. manages and maintains interests in energy and infrastructure businesses. It operates through three segments: Refining, Retail, and Logistics. The Refining segment operates a refinery that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. The Retail segment operates retail outlets, which sell gasoline, diesel, and retail merchandise in the island of Oahu, as well as the neighboring islands of Maui, Hawaii, and Kauai. This segment operates 39 kiosks, snack shops, or convenience stores. The Logistics segment own and operate refined products terminals, pipelines, and a single-point mooring and trucking operations to distribute refined products. This segment also operates trucking business that distribute gasoline and road diesel to the final point of sale. The company also produces natural gas. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was founded in 1984 and is headquartered in Houston, Texas.

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