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NYSE:PARR

Par Pacific (PARR) Stock Price, News & Analysis

Par Pacific logo
$15.09 -0.05 (-0.33%)
(As of 12/20/2024 05:16 PM ET)

About Par Pacific Stock (NYSE:PARR)

Key Stats

Today's Range
$14.86
$15.49
50-Day Range
$15.09
$18.23
52-Week Range
$14.84
$40.69
Volume
4.97 million shs
Average Volume
923,436 shs
Market Capitalization
$844.32 million
P/E Ratio
2.92
Dividend Yield
N/A
Price Target
$26.50
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
59th Percentile Overall Score

PARR MarketRank™: 

Par Pacific scored higher than 59% of companies evaluated by MarketBeat, and ranked 165th out of 270 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 2.25, and is based on 2 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Par Pacific has only been the subject of 3 research reports in the past 90 days.

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

    Earnings for Par Pacific are expected to decrease by -57.14% in the coming year, from $1.12 to $0.48 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Par Pacific is 2.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Par Pacific is 2.92, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.10.

  • Price to Book Value per Share Ratio

    Par Pacific has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    7.16% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Par Pacific has recently increased by 8.83%, indicating that investor sentiment is decreasing 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

    7.16% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Par Pacific has recently increased by 8.83%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Par Pacific has a news sentiment score of 0.16. 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 0.66 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Par Pacific this week, compared to 4 articles on an average week.
  • Search Interest

    2 people have searched for PARR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Par Pacific to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Par Pacific insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,098,094.00 in 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

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
Par Pacific Announces 2025 Capital Expenditure Guidance
Par Pacific (NYSE:PARR) Downgraded by Mizuho to "Neutral"
Par Pacific (NYSE:PARR) Shares Gap Down After Insider Selling
See More Headlines

PARR Stock Analysis - Frequently Asked Questions

Par Pacific's stock was trading at $36.37 on January 1st, 2024. Since then, PARR stock has decreased by 58.5% and is now trading at $15.09.
View the best growth stocks for 2024 here
.

Par Pacific Holdings, Inc. (NYSE:PARR) posted its quarterly earnings results on Monday, November, 4th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. The company's revenue for the quarter was down 16.9% compared to the same quarter last year.

Par Pacific's top institutional investors 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 and Jeffrey Ryan Hollis.
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
12/20/2024
Fiscal Year End
12/31/2024

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
$26.50
High Stock Price Target
$32.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+75.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$728.64 million
Pretax Margin
2.40%

Debt

Sales & Book Value

Annual Sales
$8.33 billion
Cash Flow
$9.43 per share
Book Value
$22.07 per share

Miscellaneous

Free Float
53,490,000
Market Cap
$844.32 million
Optionable
Optionable
Beta
1.99
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This page (NYSE:PARR) was last updated on 12/21/2024 by MarketBeat.com Staff
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