Par Pacific Holdings reported stronger second-quarter earnings in its retail segment compared to last year, driven by what the company described as solid operational and commercial performance.
The segment posted operating income of $20.8 million for second-quarter 2025, up from $16.1 million in the same period a year earlier.
“Second-quarter results reflected strong operational and commercial execution,” President and CEO Will Monteleone said in the company’s earnings report.
Adjusted gross margin for the retail segment of the Houston-based chain rose to $43.6 million, compared with $41.6 million in second-quarter 2024. Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) increased to $23.3 million from $18.7 million year over year.
Retail fuel sales volumes reached 30.8 million gallons during the quarter, up slightly from 30.5 million gallons in the same quarter last year. On a same-store basis, fuel volumes rose 1.8%, while inside sales revenue increased 3.0%.
- Par Pacific Holdings Inc. is No. 103 on CSP’s 2025 Top 202 ranking of U.S. c-store chains by store count.
Par Pacific operates convenience stores in the Pacific Northwest and the Hawaiian Islands. In Hawaii, it operates a retail brand called, Hele, that provides fuel, food and other convenience goods. In the Pacific Northwest, nomnom is its retail brand, with locations selling fuel, convenience items and local foodservice favorites.
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