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Par Pacific to sell Laramie Energy assets in $485M deal

source: news (news:seeking-alpha)published 2026-08-25 22:16ingested 2026-08-25 22:45

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Energy

Par Pacific to sell Laramie Energy assets in $485M deal

Aug 25, 2026, 6:16 PM ETPar Pacific Holdings, Inc. (PARR) StockBy : Carl Surran, SA News Editor

Par Pacific (PARR) said post-market Tuesday it plans to exit its investment in Laramie Energy, which agreed to sell its oil and gas assets to an unnamed buyer for $485M in cash.

Par Pacific (PARR), which owns a 46% interest

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