![]() Total storage capacity across the refinery and logistics locations totals 4.1 million barrels. The logistics assets include the wholly owned 70-mile, 55,000 bpd Silvertip Pipeline, a 40% interest in the 750-mile, 65,000 bpd Yellowstone refined products pipeline, and four wholly owned and three joint venture refined product terminals located in Montana and Washington. The transaction also includes a 65% interest in an adjacent cogeneration facility and an expansive PADD IV & V marketing and logistics network. The Billings, MT refinery is a 63,000 barrel per day (bpd) high-conversion, complex facility that processes low-cost Western Canadian and regional Rocky Mountain crude oil. We expect the transaction to be immediately accretive to our earnings and cash flow.” “This acquisition significantly enhances our scale and geographic diversification. “We are extremely pleased to close the Billings Acquisition and welcome the Par Montana team to Par Pacific,” said Going forward, the refinery and logistics business will be known as Par Montana. The base purchase price of $310 million, including $30 million Par Pacific funded at signing, was paid with cash on hand, and hydrocarbon inventory associated with the Billings Acquisition was primarily financed by the company’s ABL credit facility. (NYSE: PARR) (“Par Pacific”) today announced that it has successfully closed its previously announced acquisition of the Billings refinery and associated marketing and logistics assets (the “Billings Acquisition”) from ExxonMobil Corporation and two of its subsidiaries. Uniserve Holdings Limited acquired 50% stake in OTX Logistics B.V from YTO Express (International) Holdings Limited for 5.5 million.HOUSTON, J(GLOBE NEWSWIRE) - Par Pacific Holdings, Inc. ![]() YTO Express Halves Ownership in Netherlands Unit Shares Slip 4% YTO Express (International) Holdings Limited Provides Preliminary Group Earnings Guidance for the Six Months Ended June 30, 2022 YTO Express Expects 20% Increase in H1 Profit Shares Jump 5% YTO Express (International) Holdings Limited Reports Earnings Results for the Half Year Ended June 30, 2022 YTO Express (International) Holdings Limited has Changed its Name to YTO International Express and Supply Chain Technology Limited YTO Express (International) Holdings Limited Announces Re-Designation of Yang Xinwei as Executive Director from Non-Executive Director YTO International Express Forecasts 50% Drop in 2022 Net Profit YTO International Express and Supply Chain Technology Limited Announces Executive Changes YTO International Express and Supply Chain Technology Limited Reports Earnings Results for the Full Year Ended December 31, 2022 YTO Express (International) Holdings Limited Announces Final Ordinary Dividend for the Year Ended 31 December 2022, Payable 07 July 2023 YTO Express (International) Holdings Limited Announces Board Changes YTO International Express' 2022 Profit Falls 50% Shares Slip 3% YTO International Express and Supply Chain Technology Limited Approves Final Dividend for the Year Ended 31 December 2022 YTO International Express and Supply Chain Technology Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2023 YTO International Express Warns of Decline in H1 Profit YTO International Express and Supply Chain Technology Limited Reports Earnings Results for the Half Year Ended June 30, 2023 Yto International Express and Supply Chain Technology Limited Announces Change of Directors, Authorised Representative and Composition of the Corporate Governance Committee ![]() YTO International Express' H1 Profit Falls Jefferies Adjusts YTO Express’ Price Target to 23.50 Yuan From 23.60 Yuan, Keeps at Buy
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