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FINWIRES

Par Pacific Refinery Throughput, Sales Rises 4.7% YoY in Q1

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-- Par Pacific (PARR) refineries processed 184,300 barrels per day of feedstocks in Q1, up from 176,000 bpd in Q1 2025, it said in its earnings statement on Tuesday.

Refined product sales volumes also increased, reaching 188,800 bpd, up from 184,600 bpd in Q1 last year, the statement said.

Adjusted gross margins per barrel rose significantly, to $11.16 up from $6.59 a year prior while production costs eased to $6.93 per barrel, down from $7.41 in Q1, 2025.

About half the company's oil refining took place at its Hawaii facility with 89,800 barrels processed during the quarter, up from 79,400 barrels a year prior.

The Montana refinery handled most of the remainder, processing 56,900 barrels up from 51,700 in Q1, 2025. The company's other two refineries are in Washington and Wyoming.

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