Par Pacific publishes transcript of Q2 2026 earnings call

Par Pacific published its Q2 2026 earnings call transcript from Aug. 5, attended by CEO William Monteleone, EVP Richard Creamer and CFO Shawn Flores.

• Adjusted EBITDA was $571 million; adjusted net income was $499 million, or $10.10 per share; refining EBITDA was $552 million on a $33/bbl index.
• Hawaii renewables ramped to about 3,000 bpd in June; first commercial renewable diesel sales were booked; Q3 renewable throughput is seen at 1,500-2,000 bpd.
• The Hawaii turnaround began in late June; crude and reforming units are back near 30 days; hydrocracker mechanical work is done and catalyst activation is underway.
• The company issued $500 million of senior unsecured notes; gross term debt was cut by over $130 million; net debt was down over $220 million; liquidity was about $1.4 billion.