Par Pacific Announces 2026 Capital Expenditure Guidance

Core Viewpoint - Par Pacific Holdings, Inc. has announced its capital expenditure and turnaround outlay guidance for 2026, estimating a range of $190 million to $220 million [1]. Capital Expenditure and Turnaround Outlay Guidance - Total capital expenditure and turnaround outlay is projected to be between $190 million and $220 million [3]. - Turnarounds are estimated to cost between $50 million and $60 million [3]. - Maintenance and catalyst expenses are expected to be in the range of $105 million to $115 million [3]. - Growth investments are projected to be between $35 million and $45 million [3]. Company Overview - Par Pacific Holdings, Inc. is headquartered in Houston, Texas, and operates in the energy sector, providing both renewable and conventional fuels to the western United States [4]. - The company has a combined refining capacity of 219,000 barrels per day across four locations in Hawaii, the Pacific Northwest, and the Rockies [4]. - Par Pacific owns an extensive energy infrastructure network, including 13 million barrels of storage and various transportation assets [4]. - The company operates the Hele retail brand in Hawaii and the "nomnom" convenience store chain in the Pacific Northwest [4]. - Par Pacific holds a 46% stake in Laramie Energy, LLC, which focuses on natural gas production in Western Colorado [4].