Par Pacific - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Par Pacific M&A Summary

Par Pacific has acquired 4 companies, including 1 in the last 5 years.

Par Pacific’s largest acquisition to date was in 2018, when it acquired U.S. Oil & Refining for $358M. Par Pacific has acquired in 3 different US states. The Company’s most targeted sectors include oil/gas exploration (75%) and retail (25%).

Par Pacific Business Overview

Where is Par Pacific headquartered?

Par Pacific is headquartered in Houston, Texas.

What is Par Pacific’s revenue?

Par Pacific disclosed revenue of 7,322M USD for 2022 and 4,710M USD for 2021.

How many employees does Par Pacific have?

Par Pacific has 1,403 employees.

What sector is Par Pacific in?

Par Pacific is an energy services and equipment company.

When was Par Pacific founded?

Par Pacific was founded in 1984.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Par Pacific

Par Pacific Holdings, Inc.

825 Town & Country Lane Suite 1500,
Houston, Texas 77024
United States,
(281) 899-4800
www.parpacific.com

Par Pacific is a provider of petroleum products. Par, through its subsidiaries, owns and operates a 94,000 bpd refinery with related logistics and retail network in Hawaii. Par also transports, markets and distributes crude oil from Western U.S. and Canada to Hawaii and other refining hubs in the Midwest, the Gulf Coast, and the East Coast. Par Pacific was founded in 1984 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 3 - - 1 - - 4
vol $790M $310M $1.1B
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
ExxonMobil Billings Refinery and Associated Marketing and Logistics Assets 2022-10-20 310M USD Divestiture
, Texas
U.S. Oil & Refining Co. 2018-11-27 358M USD Divestiture
Tacoma, Washington · www.usor.com
Mid Pac Petroleum LLC 2015-04-01 107M USD Divestiture
Honolulu, Hawaii · www.midpacpetroleum.com
Tesoro Hawaii LLC 2013-06-17 325M USD Divestiture
Kapolei, Hawaii
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 3 (75%) 775M (70%) - -
Retail 1 (25%) 325M (30%) - -
Total 4 $1.1B - -

By Geo

State/Country Buy Value Sell Value
United States 4 1.1B - -
  Hawaii 2 432M - -
  Washington 1 358M - -
  Texas 1 310M - -
Total 4 $1.1B - -

Deal Values

buy # Total
$100M to $1B 4 $1.1B
TOTAL $1.1B
Largest U.S. Oil & Refining Co.
$358M (2018-11-27)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
4 (100%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

7,322   56% 2022
4,710   51% 2021
3,125   43% 2020
5,402   59% 2019
3,411   40% 2018
2,443   31% 2017
1,865   10% 2016
2,066   34% 2015
3,108   251% 2014
886   2013
(millions of USD) Show More Show Less

Employees

1,403

Established

1984

Public

NYSE: PARR

Former Name

Par Petroleum Corp.

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