Par Pacific Announces 2025 Capital Expenditure Guidance

Group 1 - Par Pacific Holdings, Inc. announced its 2025 capital expenditure and turnaround outlay guidance, estimating a range of $210 million to $240 million [1] - The breakdown of the 2025 capital expenditure includes approximately $85 to $95 million for turnarounds and catalysts, $75 to $85 million for maintenance, and $50 to $60 million for growth initiatives [2] - The company expects 2024 capital expenditures and turnaround outlays to be at the low end of the previous guidance range of $220 million to $250 million [3] Group 2 - Par Pacific Holdings operates a combined refining capacity of 219,000 barrels per day across four locations in Hawaii, the Pacific Northwest, and the Rockies [4] - The company has an extensive energy infrastructure network, including 13 million barrels of storage and various transportation assets [4] - Par Pacific also operates the Hele retail brand in Hawaii and the 'nomnom' convenience store chain in the Pacific Northwest, and owns 46% of Laramie Energy, LLC, a natural gas production company [4]