15 Aug 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. President William Monteleone exercised stock options for 37,842 shares and disposed of 14,063 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Aug 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. officer Shawn David Flores sold 6,266 shares at $36.69.
9 Aug 2023quarterly activities report● Neutral
PAR PACIFIC HOLDINGS, INC. reported quarterly revenue of $1783.9 million and net income of $30.0 million for the period ended 2023-06-30.
8 Aug 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. officer Shawn David Flores had 936 shares withheld for taxes on vesting stock.
7 Aug 2023quarterly activities report● Neutral
Par Pacific issued a news release reporting its results for the second quarter ended June 30, 2023. The 8-K itself gave no figures; they were in the attached release.
1 Aug 2023debt financing▲ Good
Par Hawaii Refining set up a new uncommitted letter-of-credit facility (up to $120 million, expandable to $350 million) with MUFG and Macquarie to help finance crude purchases, including support for bidding on Strategic Petroleum Reserve releases.
10 July 2023substantial holder notice● Neutral
The Vanguard Group reported a PAR PACIFIC HOLDINGS, INC. shareholding of 6,150,159 shares (10.08% of votes) in a periodic institutional filing.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Aaron Zell received 923 shares as part of the equity award.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Katherine Hatcher received 923 shares as part of the equity award.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Melvyn N Klein received a stock option grant for 1,476 shares.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Walter A Dods Jr. received 923 shares as part of the equity award.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Patricia Martinez received 923 shares as part of the equity award.
7 July 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Robert S Silberman received a stock option grant for 1,476 shares.
6 July 2023director interest notice● Neutral
Aaron Zell became a PAR PACIFIC HOLDINGS, INC. director and company insider (initial ownership filing).
26 June 2023debt financing● Neutral
Par Hawaii Refining amended its Supply and Offtake Agreement with J. Aron on June 21, 2023, replacing LIBOR with a SOFR-based rate (Compounded SOFR plus 0.26161%). The change takes effect July 1, 2023.
1 June 2023asset acquisition disposition▲ GoodMajor
Par Pacific closed its purchase of the 63,000 barrel-per-day Billings, Montana refinery and related logistics assets from ExxonMobil for about $638 million: a $310 million base price, about $290 million for inventory and about $38 million for working capital and other adjustments. The base price was paid from cash on hand and the inventory was mainly financed by about $215 million drawn on the Billings Incremental Facility.
30 May 2023director interest notice● Neutral
Patricia Martinez became a PAR PACIFIC HOLDINGS, INC. company insider (initial ownership filing).
8 May 2023agm notice● Neutral
PAR PACIFIC HOLDINGS, INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
5 May 2023quarterly activities report● Neutral
PAR PACIFIC HOLDINGS, INC. reported quarterly revenue of $1685.2 million and net income of $237.9 million for the period ended 2023-03-31.
4 May 2023quarterly activities report● Neutral
Par Pacific said it issued a news release on May 3, 2023 reporting results for the first quarter ended March 31, 2023. The 8-K itself gave no figures.
2 May 2023debt financing▲ GoodMajor
Par Pacific replaced its revolver with a new Asset-Based Revolving Credit Agreement led by Wells Fargo: a $150 million initial facility plus up to $450 million more (a "Billings Incremental Facility") specifically earmarked to help fund the pending ExxonMobil Montana refinery purchase.
26 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. officer Richard Creamer had 1,046 shares withheld for taxes on vesting stock.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Katherine Hatcher received 881 shares as part of the equity award.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Walter A Dods Jr. received 881 shares as part of the equity award.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director L Melvin Cooper received 881 shares as part of the equity award.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Melvyn N Klein received a stock option grant for 1,410 shares.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Robert S Silberman received a stock option grant for 1,410 shares.
6 Apr 2023director interest notice● Neutral
PAR PACIFIC HOLDINGS, INC. director Timothy Clossey received 881 shares as part of the equity award.
23 Mar 2023agm notice● Neutral
PAR PACIFIC HOLDINGS, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
23 Mar 2023agm notice● Neutral
Par Pacific filed its proxy statement for the annual meeting to be held virtually on May 2, 2023. Stockholders were asked to elect directors, ratify Deloitte & Touche as auditor, hold an advisory pay vote and approve a 300,000-share increase to the Employee Stock Purchase Plan.