
Hele is a fuel brand owned by Par Hawaii, a subsidiary of Par Pacific Holdings (NYSE: PARR), a publicly traded American energy company headquartered in Houston, Texas. Launched in 2016, Hele was created by rebranding existing Par Hawaii fuel stations with a contemporary identity targeting younger, value-minded consumers in Hawaii. The brand name comes from the Hawaiian word for "to go" or "to move." Hele operates approximately 30 stations across Oahu, Maui, and the Big Island, most co-located with nomnom convenience stores. Par Hawaii supplies Hele stations from its 94,000 barrel-per-day refinery in Kapolei.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Hele | Par Pacific Holdings | Wholly owned |
Hele was launched in 2016 by Par Hawaii as a contemporary fuel brand designed to appeal to younger, value-minded consumers in Hawaii. The brand name "Hele" comes from the Hawaiian language, meaning "to go," "to move," or "to come." The name was chosen to reflect the brand's focus on mobility and convenience while connecting to local Hawaiian culture.
Par Hawaii invested approximately $4 million in 2016 to convert existing fuel stations from the 76 and Tesoro brands to the new Hele brand. The rebranding included new signage, station design updates, and marketing campaigns. The stations were redesigned with bright LED lighting, modern canopies, and a clean visual identity intended to differentiate Hele from traditional fuel station brands.
Par Hawaii's parent company, Par Pacific Holdings, had acquired the Hawaii operations from Tesoro Corporation in 2013 for approximately $75 million. Tesoro had operated the Kapolei refinery and retail stations under the Tesoro and 76 brands. After the acquisition, Par Pacific initially continued operating the stations under the 76 brand before developing Hele as a new, Hawaii-specific brand identity.
The Hele brand was positioned as a value-oriented alternative to premium fuel brands in Hawaii. Hawaii has some of the highest gasoline prices in the United States due to the cost of importing crude oil and refined products to the islands. Hele's pricing strategy targets consumers who want quality fuel (TOP TIER certified) at competitive prices, with a modern station experience.
Most Hele stations are co-located with nomnom convenience stores, another Par Hawaii brand. nomnom stores offer snacks, beverages, and quick food items. The co-location strategy creates integrated fuel and convenience destinations that maximize revenue per station visit.
In 2023, Par Hawaii expanded the Hele brand to additional stations on Maui and the Big Island. The brand has grown from its initial 2016 launch to approximately 30 stations across three major Hawaiian islands.
Is Par Pacific Holdings publicly traded?
Yes, Par Pacific Holdings is publicly traded on the New York Stock Exchange under the ticker symbol PARR. As of February 2026, there were approximately 49 million shares outstanding. The company has been listed since its founding in 2012.
Who is the CEO of Par Pacific Holdings?
Will Monteleone is the President and Chief Executive Officer of Par Pacific Holdings. He was appointed CEO in May 2024, succeeding founding CEO William Pate. Monteleone has been with Par Pacific since 2013, previously serving as EVP and CFO and then as President. He began his career at Banc of America Securities and worked at Equity Group Investments before joining Par Pacific.
What brands does Par Pacific own?
Par Pacific owns and operates three retail brands: Hele (a proprietary fuel and convenience store brand in Hawaii), nomnom (a proprietary convenience store and fuel brand in Washington and Idaho), and 76 (a licensed fuel brand used at Hawaii retail locations under an exclusive license from Phillips 66). The company also operates Kauai Automated Fuels cardlock locations.
Where does Par Pacific operate?
Par Pacific operates refineries in four locations: Kapolei, Hawaii; Billings, Montana; Tacoma, Washington; and Newcastle, Wyoming. The company operates retail locations in Hawaii, Washington, and Idaho. Its logistics network spans the Pacific, Pacific Northwest, and Rocky Mountain regions.
What is Par Pacific's annual revenue?
Par Pacific reported revenue of $4.79 billion for full year 2025. Net income attributable to stockholders was $369.4 million, or $7.16 per diluted share. Adjusted EBITDA was $633.5 million. In the first half of 2026 alone, revenue reached $4.79 billion, driven by strong Q2 2026 refining margins.
Does Par Pacific own any other energy assets?
Yes, Par Pacific owns 46% of Laramie Energy, LLC, a natural gas production company with operations concentrated in western Colorado. This equity investment gives Par Pacific exposure to natural gas production alongside its refining and retail operations.
How many refineries does Par Pacific operate?
Par Pacific operates four refineries with total crude oil throughput capacity of 219,000 barrels per day. The facilities are located in Kapolei, Hawaii (94,000 bpd), Billings, Montana (63,000 bpd), Tacoma, Washington (42,000 bpd), and Newcastle, Wyoming (18,000 bpd). In 2025, the refineries processed 187.8 Mbpd of crude oil.
Hele's environmental practices are governed by Par Hawaii's corporate environmental framework and Hawaii's state environmental regulations, which are among the strictest in the United States.
Hele sells TOP TIER gasoline, which contains higher levels of detergent additives than EPA minimum requirements. While TOP TIER certification is a fuel quality standard rather than an environmental certification, the additional detergents can help engines run more efficiently, potentially reducing emissions per mile driven. However, Hele is a fossil fuel brand, and its core product contributes to greenhouse gas emissions.
Par Hawaii's refinery in Kapolei is subject to EPA regulations and Hawaii Department of Health environmental standards. The refinery has implemented emissions controls and monitoring systems to comply with Clean Air Act requirements. In 2023, Par Hawaii agreed to pay $1.2 million to settle EPA allegations of Clean Air Act violations at the Kapolei refinery related to storage tank inspections and maintenance. The settlement included requirements for improved monitoring and reporting.
Par Hawaii has stated that it is exploring renewable fuel options, including biofuels and renewable diesel production at its Kapolei refinery. The company has conducted feasibility studies on processing renewable feedstocks but has not yet made major investments in renewable fuel production capacity.
Hele stations use LED lighting and energy-efficient equipment to reduce electricity consumption. Par Hawaii monitors energy usage across its retail network and has implemented energy management systems at its stations.
No brand-specific sustainability certifications apply to Hele. The brand does not have LEED certification, B Corp certification, or other third-party environmental credentials.
Hele is a relatively young brand (launched 2016) and does not have a significant public awards history. The brand has not been the subject of major industry awards or recognitions that can be verified through primary sources.
Par Pacific Holdings has been recognized in financial and business contexts. The company has been featured in Houston Business Journal coverage of growing energy companies and has presented at energy industry conferences. However, these recognitions apply to the parent company, not specifically to the Hele brand.
The Hele brand's primary form of recognition is its market presence in Hawaii, where it has established itself as a recognizable fuel brand within a few years of launch. The brand's Hawaiian name and local identity have resonated with Hawaii consumers seeking an alternative to mainland fuel brands.
EPA Clean Air Act Settlement (2023): Par Hawaii agreed to pay $1.2 million to settle EPA allegations of Clean Air Act violations at its Kapolei refinery, which supplies Hele stations. The allegations related to storage tank inspections, maintenance, and reporting requirements. Par Hawaii did not admit liability but agreed to implement improved monitoring and compliance procedures. The settlement highlighted the environmental regulatory challenges of operating a refinery in Hawaii, where environmental standards are particularly strict.
Hawaii Fuel Price Concerns: Hawaii consistently has the highest gasoline prices in the United States. Consumer advocates and Hawaii politicians have periodically called for investigations into fuel pricing practices, including potential price gouging. Par Hawaii, as one of two refiners in the state, has faced scrutiny over its pricing. The company has stated that Hawaii's high fuel prices reflect the cost of importing crude oil, refining costs, taxes, and the state's geographic isolation. No formal price gouging findings have been made against Par Hawaii or the Hele brand.
Red Hill Fuel Storage Facility Crisis (2021-2022): While not directly involving Hele, the Red Hill Bulk Fuel Storage Facility crisis affected Hawaii's fuel supply chain. The facility, operated by the U.S. Navy, leaked jet fuel into the drinking water supply for over 93,000 Oahu residents in 2021. The crisis led to the shutdown of the Red Hill facility and raised broader concerns about fuel storage safety in Hawaii. Par Hawaii's Kapolei refinery was not involved in the Red Hill crisis, but the event increased public scrutiny of all fuel infrastructure in Hawaii, including Par Hawaii's operations.
EV Transition Challenges: Hawaii's aggressive renewable energy and EV adoption targets pose a long-term challenge for Hele and other fossil fuel brands. The state has some of the highest EV market share in the United States, and the trend is expected to accelerate. Hele has not publicly announced plans for EV charging infrastructure at its stations, though Par Hawaii has stated that it is monitoring the transition. The lack of publicly announced EV charging plans could put Hele at a competitive disadvantage as EV adoption grows.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Imperial Oil | Canada | 1911 | Mass market | Canada | All Genders | |
| Suncor Energy | Canada | 1975 | Mass market | Canada | All-ages | |
| Exxon Mobil | USA | 1972 | Mass market | Global | All-ages | |
| Exxon Mobil | USA | 1966 | Premium | Global | All Genders |
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Market Positioning: Hele competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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