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NYSE:PARR

Par Pacific (PARR) Stock Price, News & Analysis

Par Pacific logo
$17.65 +0.16 (+0.91%)
(As of 11/15/2024 ET)

About Par Pacific Stock (NYSE:PARR)

Key Stats

Today's Range
$17.17
$18.02
50-Day Range
$15.11
$19.69
52-Week Range
$14.84
$40.69
Volume
1.10 million shs
Average Volume
986,498 shs
Market Capitalization
$987.52 million
P/E Ratio
3.42
Dividend Yield
N/A
Price Target
$28.00
Consensus Rating
Hold

Company Overview

Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The company operates through Refining, Retail, and Logistics segments. The Refining segment owns and operates refineries that produce gasoline, distillate, asphalt, and other products primarily for consumption in Kapolei, Hawaii, Newcastle, Wyoming, Tacoma, Washington, and Billings, Montana. The Retail segment operates fuel retail outlets, which sell merchandise, such as soft drinks, prepared foods, and other sundries in Hawaii under the Hele, 76, and nomnom brands; and gasoline, diesel, and retail merchandise in Washington and Idaho. The Logistics segment owns and operates terminals, pipelines, single point mooring, marine vessels, storage facilities, loading and truck racks, and rail facilities to distribute ethanol, petroleum, and refined products throughout Hawaii, the United States West Coast, Washington, the Dakotas, and Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. It also holds interest in refined products pipeline. In addition, the company owns and operates a marine terminal, a unit train-capable rail loading terminal; a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.

Par Pacific Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

PARR MarketRank™: 

Par Pacific scored higher than 93% of companies evaluated by MarketBeat, and ranked 31st out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Par Pacific has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Par Pacific has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Par Pacific's stock forecast and price target.
  • Earnings Growth

    Earnings for Par Pacific are expected to grow by 28.42% in the coming year, from $0.95 to $1.22 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Par Pacific is 3.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.97.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Par Pacific is 3.42, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.02.

  • Price to Book Value per Share Ratio

    Par Pacific has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Par Pacific's valuation and earnings.
  • Percentage of Shares Shorted

    5.51% of the float of Par Pacific has been sold short.
  • Short Interest Ratio / Days to Cover

    Par Pacific has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Par Pacific has recently decreased by 7.98%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Par Pacific does not currently pay a dividend.

  • Dividend Growth

    Par Pacific does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    5.51% of the float of Par Pacific has been sold short.
  • Short Interest Ratio / Days to Cover

    Par Pacific has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Par Pacific has recently decreased by 7.98%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Par Pacific has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Par Pacific this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for PARR on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Par Pacific to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Par Pacific insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.40% of the stock of Par Pacific is held by insiders.

  • Percentage Held by Institutions

    92.15% of the stock of Par Pacific is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Par Pacific's insider trading history.
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PARR Stock News Headlines

Par Pacific Holdings' (NYSE:PARR) Problems Go Beyond Weak Profit
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PARR Stock Analysis - Frequently Asked Questions

Par Pacific's stock was trading at $36.37 at the beginning of the year. Since then, PARR stock has decreased by 51.5% and is now trading at $17.65.
View the best growth stocks for 2024 here
.

Par Pacific Holdings, Inc. (NYSE:PARR) issued its quarterly earnings data on Monday, November, 4th. The company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.02. The company's revenue for the quarter was down 16.9% on a year-over-year basis.

Top institutional shareholders of Par Pacific include Pacer Advisors Inc. (6.24%), State Street Corp (6.19%), Geode Capital Management LLC (2.29%) and Charles Schwab Investment Management Inc. (1.32%). Insiders that own company stock include Chai Trust Co Llc, William Pate, William Monteleone, L Melvin Cooper, Ivan Daniel Guerra, Jeffrey Ryan Hollis and Melvyn N Klein.
View institutional ownership trends
.

Shares of PARR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Par Pacific investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
11/04/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/25/2025

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Employees
1,814
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.00
High Stock Price Target
$32.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+58.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$728.64 million
Pretax Margin
2.40%

Debt

Sales & Book Value

Annual Sales
$8.23 billion
Cash Flow
$10.44 per share
Book Value
$22.41 per share

Miscellaneous

Free Float
53,490,000
Market Cap
$987.52 million
Optionable
Optionable
Beta
1.99
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This page (NYSE:PARR) was last updated on 11/17/2024 by MarketBeat.com Staff
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