{"schema_version":"secwatch.filing_event.v1","accession":"0000821483-22-000069","form_type":"8-K","ticker":"PARR","cik":"0000821483","company_name":"PAR PACIFIC HOLDINGS, INC.","filed_at":"2022-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.658579+00:00","generated_at":"2026-06-23T02:07:18.591095+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Par Pacific to acquire ExxonMobil's Billings refinery and logistics assets for $310M base purchase price","bullets":["Base purchase price $310M plus hydrocarbon inventory valued at closing; funded by cash on hand and existing credit lines ($495M liquidity at 9/30/22).","Billings refinery capacity 63,000 bpd; total throughput capacity increases to ~218,000 bpd, expanding geographic diversification.","Expects over $30M in commercial and cost synergies; transaction immediately accretive to Adjusted Net Income and Free Cash Flow per share.","Assets include 65% cogeneration interest, 70-mile Silvertip Pipeline (55k bpd), 40% of Yellowstone pipeline (750-mile, 65k bpd), seven terminals, 4.1 MMbbls storage.","Expected close Q2 2023 subject to customary conditions including HSR waiting period; long-term ExxonMobil-branded fuels marketing arrangement for ~300 retail locations."],"urls":{"canonical":"https://secwatch.observer/filing/0000821483-22-000069","json":"https://secwatch.observer/filing/0000821483-22-000069.json","markdown":"https://secwatch.observer/filing/0000821483-22-000069.md","text":"https://secwatch.observer/filing/0000821483-22-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821483/000082148322000069/0000821483-22-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821483/000082148322000069/parr-20221020.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T02:07:18.591095+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}