Par Pacific Holdings Inc (PARR) Exchange: NYSE

Par Pacific Holdings Inc (PARR) is an integrated energy company operating in the Pacific regions of the United States and Hawaii. The company's core business operations are two-fold: retail fuel operations and petroleum refining, marketing, and logistics operations. Par Pacific Holdings Inc was founded in 2011, originally as North Pacific Fuel Limited and formally changed the name to Par Pacific Holdings Inc the following year. Since inception, the company has cemented itself as the major fuel provider in the Pacific region. Par Pacific’s retail operations currently own or supply more than 200 retail fueling locations and sites located in the Pacific Northwest, Minnesota, Illinois, Nevada and Hawaii. The company’s refining and marketing activities are conducted primarily through subsidiary Tesoro Refining & Marketing Company LLC, who provides a host of services including refining, distribution and retailing of petroleum products to customers in various regions including Northern California, Alaska, Hawaii, and the Pacific Northwest. By 2018, Tesoro had 13 distribution terminals and approximately 1,500 retail sites and 3,500 fueling points. In addition, it operates three refineries, which have a combined production capacity of 650,000 barrels of finished petroleum products a day. With a promising future ahead, Par Pacific Holdings Inc is in a good position to further expand its presence in the Pacific Region in the years to come.