Par Pacific forecasts 2026 capital spending and turnaround costs of $190 million-$220 million

• Par Pacific forecasts 2026 capital expenditures and turnaround spending of $190 million-$220 million.
• December 2025 mid-cycle estimates put adjusted EBITDA at $485 million-$515 million, based on combined refining throughput of 195,000-200,000 barrels daily.
• Mid-cycle modified levered free cash flow is projected at $300 million-$330 million, rising to $470 million-$670 million including potential small refinery exemption benefits.
• The mid-cycle financial profile is expected to be updated in the first quarter of 2027.
• Full utilization of federal tax attributes is expected during 2026; divestment of the 46% Laramie Energy stake should close by year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Par Pacific Holdings Inc. published the original content used to generate this news brief on November 04, 2026, and is solely responsible for the information contained therein.