Should I buy or sell Par Pacific stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Par Pacific in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PARR shares. View PARR analyst ratings or view top-rated stocks .

What is Par Pacific's stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Par Pacific's stock. Their PARR share price targets range from $28.00 to $47.00. On average, they anticipate the company's share price to reach $36.75 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View analysts price targets for PARR or view top-rated stocks among Wall Street analysts .

How have PARR shares performed in 2024?

Par Pacific's stock was trading at $36.37 at the beginning of 2024. Since then, PARR stock has decreased by 14.6% and is now trading at $31.07. View the best growth stocks for 2024 here .

When is Par Pacific's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our PARR earnings forecast .

How can I listen to Par Pacific's earnings call?

Par Pacific will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9827159".

How were Par Pacific's earnings last quarter?

Par Pacific Holdings, Inc. (NYSE:PARR) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.11 by $0.03. The firm earned $2.18 billion during the quarter, compared to analyst estimates of $2.45 billion. Par Pacific had a trailing twelve-month return on equity of 47.63% and a net margin of 8.85%.

What ETFs hold Par Pacific's stock?

ETFs with the largest weight of Par Pacific (NYSE:PARR) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE) , Invesco Energy Exploration & Production ETF (PXE) , Invesco Dorsey Wright Energy Momentum ETF (PXI) , Invesco S&P SmallCap Quality ETF (XSHQ) , Invesco S&P SmallCap 600 Pure Growth ETF (RZG) , ETC 6 Meridian Small Cap Equity ETF (SIXS) , VanEck Oil Refiners ETF (CRAK) and Invesco S&P SmallCap Value with Momentum ETF (XSVM) .

Who are Par Pacific's major shareholders?

Par Pacific's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (1.44%), Counterpoint Mutual Funds LLC (0.03%), Oliver Luxxe Assets LLC (0.02%) and Range Financial Group LLC (0.01%). Insiders that own company stock include Chai Trust Co Llc, Ivan Daniel Guerra, Jeffrey Ryan Hollis, Joseph Israel , L Melvin Cooper, Melvyn N Klein , William Monteleone and William Pate . View institutional ownership trends .

How do I buy shares of Par Pacific?

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 .

NYSE:PARR

Par Pacific (PARR) Stock Price, News & Analysis

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$31.07

-1.13 (-3.51%)

(As of 04/18/2024 ET)

Compare

Today's Range: $31.01
▼
$32.39
50-Day Range: $31.07
▼
$40.38
52-Week Range: $20.30
▼
$40.69

Volume: 915,534 shs
Average Volume: 855,355 shs
Market Capitalization: $1.84 billion

P/E Ratio: 2.60
Dividend Yield: N/A
Price Target: $36.75

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Par Pacific MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 18.3% Upside
$36.75 Price Target
Short Interest: Healthy
4.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.31
Based on 5 Articles This Week
Insider Trading: Selling Shares
$400,673 Sold Last Quarter
Proj. Earnings Growth: -44.49%
From $5.08 to $2.82 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.17 out of 5 stars

Oils/Energy Sector

164th out of 226 stocks

Crude Petroleum & Natural Gas Industry

54th out of 73 stocks

2.3

Analyst's Opinion

Consensus Rating
Par Pacific has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Par Pacific has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.61% 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 3.1, 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 6.67%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Par Pacific does not currently pay a dividend.
Dividend Growth
Par Pacific does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PARR.

1.8

News and Social Media Coverage

News Sentiment
Par Pacific has a news sentiment score of 0.31. 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 0.56 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 3 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 -67% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Par Pacific to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

2.5

Company Ownership

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 $400,673.00 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Par Pacific are expected to decrease by -44.49% in the coming year, from $5.08 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Par Pacific is 2.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Par Pacific is 2.60, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.46.
Price to Book Value per Share Ratio
Par Pacific has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Par Pacific Stock (NYSE:PARR)

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.

PARR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PARR Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Piper Sandler Reaffirms Their Buy Rating on Par Pacific Holdings (PARR)

April 17, 2024 | americanbankingnews.com

Contrasting Blue Dolphin Energy (OTCMKTS:BDCO) and Par Pacific (NYSE:PARR)

April 19, 2024 | InvestorPlace (Ad)

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Par Pacific Holdings Inc

April 13, 2024 | americanbankingnews.com

Comparing Par Pacific (NYSE:PARR) & Trillion Energy International (OTCMKTS:TCFF)

April 12, 2024 | latimes.com

The Sports Report: Shohei Ohtani’s stardom remains untarnished

April 10, 2024 | msn.com

Fowler wins the Par 3 Contest in his return to the Masters after a 3-year absence

April 4, 2024 | finance.yahoo.com

Par Pacific Holdings Stock Sees IBD Stock Rating Gushing Higher With Jump To 83 RS Rating

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March 28, 2024 | globenewswire.com

Par Pacific Announces Expected Term Loan Repricing

March 25, 2024 | finance.yahoo.com

Par Pacific Announces Amendment to ABL Credit Facility and Credit Rating Upgrade by Moody’s Investors Service

March 23, 2024 | finance.yahoo.com

Par Pacific Holdings, Inc.'s (NYSE:PARR) Intrinsic Value Is Potentially 78% Above Its Share Price

March 22, 2024 | investing.com

Par Pacific to boost credit facility to $1.4 billion

March 22, 2024 | investing.com

Par Pacific Holdings Inc (PARR)

March 20, 2024 | globenewswire.com

Par Pacific Announces Expected Increase in ABL Commitments to up to $1.4 billion and Replacement of Intermediation Facility

March 16, 2024 | finance.yahoo.com

PARR Apr 2024 50.000 call

March 15, 2024 | finance.yahoo.com

nomnom Rewards Customers Score Big Savings On Gas During March

March 15, 2024 | globenewswire.com

nomnom Rewards Customers Score Big Savings On Gas During March

March 14, 2024 | finance.yahoo.com

Par Pacific Holdings Inc (PARR) Chief Accounting Officer Ivan Guerra Sells 6,000 Shares

March 13, 2024 | markets.businessinsider.com

Par Pacific Holdings (PARR) Gets a Hold from Goldman Sachs

March 6, 2024 | globenewswire.com

Par Pacific Management to Participate in Investor Conferences

March 1, 2024 | seekingalpha.com

Par Pacific Holdings, Inc. (PARR) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Par Pacific Holdings Full Year 2023 Earnings: EPS Beats Expectations

February 29, 2024 | finance.yahoo.com

Par Pacific Holdings, Inc. (NYSE:PARR) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Q4 2023 Par Pacific Holdings Inc Earnings Call

February 28, 2024 | finanznachrichten.de

Par Pacific Holdings, Inc.: Par Pacific Reports Fourth Quarter and Record 2023 Results

February 28, 2024 | finanznachrichten.de

Par Pacific Holdings, Inc.: Par Pacific Announces CEO Transition Plans

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:PARR
CUSIP: N/A
CIK: 821483
Web: www.parpacific.com
Phone: (281) 899-4800
Fax: 303-298-8251
Employees: 1,814
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $36.75
High Stock Price Target: $47.00
Low Stock Price Target: $28.00
Potential Upside/Downside: +18.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $11.95
Trailing P/E Ratio: 2.60
Forward P/E Ratio: 6.12
P/E Growth: N/A
Net Income: $728.64 million
Net Margins: 8.85%
Pretax Margin: 7.45%
Return on Equity: 47.63%
Return on Assets: 13.66%

Debt

Debt-to-Equity Ratio: 0.49
Current Ratio: 1.30
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $8.23 billion
Price / Sales: 0.22
Cash Flow: $9.80 per share
Price / Cash Flow: 3.17
Book Value: $22.07 per share
Price / Book: 1.41

Miscellaneous

Outstanding Shares: 59,340,000
Free Float: 56,730,000
Market Cap: $1.84 billion
Optionable: Optionable
Beta: 1.95

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Key Executives

Mr. William C. Pate (Age 60)
CEO & Director
Comp: $2.6M
Mr. William Monteleone (Age 40)
President & Director
Comp: $1.06M
Mr. Shawn Flores (Age 34)
Senior VP & CFO
Comp: $808.98k
Mr. Jeffrey R. Hollis (Age 40)
Senior VP, General Counsel & Secretary
Comp: $788.01k
Mr. Richard Creamer (Age 57)
Executive Vice President of Refining & Logistics
Comp: $1.06M
Mr. Ivan Daniel Guerra (Age 42)
VP, Chief Accounting Officer & Controller
Mr. Ryan Kelley
Senior VP & Chief Information Officer
Ashimi Patel
Director of Investor Relations
Mr. Matthew Legg
Senior VP & Chief Human Resources Officer
Ms. Danielle Mattiussi (Age 52)
Senior VP & Chief Retail Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PARR Stock Analysis - Frequently Asked Questions

Should I buy or sell Par Pacific stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Par Pacific in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PARR shares.
View PARR analyst ratings or view top-rated stocks.
What is Par Pacific's stock price target for 2024?: 4 Wall Street analysts have issued 1-year price objectives for Par Pacific's stock. Their PARR share price targets range from $28.00 to $47.00. On average, they anticipate the company's share price to reach $36.75 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for PARR or view top-rated stocks among Wall Street analysts.
How have PARR shares performed in 2024?: Par Pacific's stock was trading at $36.37 at the beginning of 2024. Since then, PARR stock has decreased by 14.6% and is now trading at $31.07.
View the best growth stocks for 2024 here.
When is Par Pacific's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our PARR earnings forecast.
How can I listen to Par Pacific's earnings call?: Par Pacific will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "9827159".

How were Par Pacific's earnings last quarter?: Par Pacific Holdings, Inc. (NYSE:PARR) posted its quarterly earnings data on Tuesday, February, 27th. The company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.11 by $0.03. The firm earned $2.18 billion during the quarter, compared to analyst estimates of $2.45 billion. Par Pacific had a trailing twelve-month return on equity of 47.63% and a net margin of 8.85%.
What ETFs hold Par Pacific's stock?: ETFs with the largest weight of Par Pacific (NYSE:PARR) stock in their portfolio include Invesco S&P SmallCap Energy ETF (PSCE), Invesco Energy Exploration & Production ETF (PXE), Invesco Dorsey Wright Energy Momentum ETF (PXI), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), ETC 6 Meridian Small Cap Equity ETF (SIXS), VanEck Oil Refiners ETF (CRAK) and Invesco S&P SmallCap Value with Momentum ETF (XSVM).
Who are Par Pacific's major shareholders?: Par Pacific's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (1.44%), Counterpoint Mutual Funds LLC (0.03%), Oliver Luxxe Assets LLC (0.02%) and Range Financial Group LLC (0.01%). Insiders that own company stock include Chai Trust Co Llc, Ivan Daniel Guerra, Jeffrey Ryan Hollis, Joseph Israel, L Melvin Cooper, Melvyn N Klein, William Monteleone and William Pate.
View institutional ownership trends.
How do I buy shares of Par Pacific?: 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.

This page (NYSE:PARR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Par Pacific (PARR) Stock Price, News & Analysis

Par Pacific MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Par Pacific Stock (NYSE:PARR)

PARR Stock Price History

PARR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PARR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™