[1] exxonmobil previously announced on october 20, 2022, that it would sell the refinery to par pacific with the sale expected to complete in the second quarter of 2023 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 [2] the complex is capable of refining.
Exxon to sell its Billings, Montana refinery and pipeline | Tank News
Exxon gas station in 450 main street, billings, mt
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The par montana refinery is located along the yellowstone river just outside of billings, mt, the energy, healthcare and finance hub of the state The manufacturing site is a key supplier of refined products to the northern rocky mountain region, ranging from the dakotas to eastern washington Officially took over operations thursday of the former exxonmobil billings refinery, which will now be run by par montana. The exxonmobil billings refinery (refinery) located northeast of billings, montana has been in operation since july 1949
