Par Pacific Holdings, Inc.
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Emerging in 2012 from the Delta Petroleum restructuring, Par Pacific pivoted from an exploration and production company to one focused on refining, marketing and transporting fuels in logistically complex markets. Seeing a need for expertise in remote areas where fuel providers were limited, Par Pacific sought to supply these markets, bringing its knowhow and expertise.Par Pacific has grown into a Fortune 1000 company. Beginning in 2013 with the acquisition of a refinery in Kapolei, Hawaii, Par Pacific began building an integrated energy network in Hawaii. Through advantageous acquisitions and other growth opportunities, we have become the market leader in Hawaii, where we are better known as Hele, Nom Nom and 76-Hawaii. [In total, we have 148,000-bpd of combined refining capacity, 91 retail locations and a logistics system supplying all of the major islands in the state]. Par Pacific’s growth-oriented mindset has also led to its expansion into the Pacific Northwest and the Rockies. Through its acquisition of U.S Oil & Refining Co. in 2018 and various retail acquisitions, among others, Par Pacific now owns and operates [60,000-bpd of combined refining capacity, related multimodal logistics systems and 33 retail locations]. You can see us more visibly in select Zip Trip locations in Washington State and Idaho. Additionally, Par Pacific owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado.
2.9
Overall Excellence Rating
Industry
Oil, Gas and MiningCategory
Energy & UtilitiesESG/Ethical Impact
At Par Pacific sustainability is a mindset. Our integrated approach to sustainability is embedded in each decision we make and characterized by continuous improvement. For us, sustainability is not in a silo. It is not a factor among many, but rather it is integral to our decision-making framework. From small decisions to big ones, we bring a sustainability mindset to everything we do and each decision we make. We approach sustainability just as we approach operating our business – with an eye toward strategic excellence. We embrace our competitive positioning as a nimble company that quickly takes action to capture impactful and workable solutions. Our values are built into our company culture. As the people of Par Pacific, we seek to create and maintain a sustainability mindset. Our ESG principles are the foundation of our sustainability mindset. We strive to responsibly steward the environment. As part of our sustainability mindset, we integrate environmental considerations into every step of our decision-making process. Creating lasting benefits and protecting the environment is intertwined with our support of the communities where we live and operate. We operate with an eye toward protecting our land, water, and air. We prioritize environmental considerations as we plan our production, facilities, processes, and growth. We adhere to environmental laws and regulations while also striving to reduce emissions and waste. Continuous pursuit of improvement is a key marker of our operations and success as an organization.
Eligible Awards
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Awards Received
2023
Revenues
$7,300,000,000.00
Website Traffic
Employee Rating
3.6
Customer Rating
3.9
Company Size
1000-5000
ESG Risk Rating
1