Par Pacific Holdings Stock Today
| PARR Stock | USD 31.07 1.13 3.51% |
Performance0 of 100
| Odds Of DistressLess than 1
|
Par Pacific is selling at 31.07 as of the 19th of April 2024; that is -3.51% down since the beginning of the trading day. The stock's lowest day price was 31.01. Par Pacific has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Par Pacific Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 5th of September 2012 |
Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas. Par Petroleum operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. The company has 59.34 M outstanding shares of which 2.66 M shares are at this time shorted by private and institutional investors with about 2.16 trading days to cover. More on Par Pacific Holdings
Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Par Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Par Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Par Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | William Pate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Refining & Marketing, Energy, NYSE Composite, SP Small-Cap 600, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Refining & Marketing, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Par Pacific report their recommendations after researching Par Pacific's financial statements, talking to executives and customers, or listening in on Par Pacific's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Par Pacific Holdings. The Par consensus assessment is calculated by taking the average forecast from all of the analysts covering Par Pacific. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Par Pacific's historical financial statements, Par Pacific Holdings is performing exceptionally good at the present time. It has a great likelihood to report excellent financial results in May. Financial strength of Par Pacific Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Par Pacific's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Par Pacific's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Par Pacific's financial leverage. It provides some insight into what part of Par Pacific's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Par Pacific Holdings (PARR) is traded on New York Stock Exchange in USA. It is located in 825 Town & Country Lane, Houston, TX, United States, 77024 and employs 1,814 people. Par Pacific is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Par Pacific's market, we take the total number of its shares issued and multiply it by Par Pacific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Par Pacific Holdings conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 59.34 M outstanding shares of which 2.66 M shares are at this time shorted by private and institutional investors with about 2.16 trading days to cover.
Par Pacific Holdings currently holds about 186.18 M in cash with 670.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.09.
Check Par Pacific Probability Of Bankruptcy
Ownership AllocationPar Pacific owns a total of 59.34 Million outstanding shares. The majority of Par Pacific Holdings outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Par Pacific Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Par Pacific. Please pay attention to any change in the institutional holdings of Par Pacific Holdings as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Par Ownership Details
Par Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Par Pacific jumping above the current price in 90 days from now is close to 99%. The Par Pacific Holdings probability density function shows the probability of Par Pacific stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5428 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Par Pacific will likely underperform. Additionally, par Pacific Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Par Pacific to move above the current price in 90 days from now is close to 99 (This Par Pacific Holdings probability density function shows the probability of Par Stock to fall within a particular range of prices over 90 days) .
Par Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Par Pacific that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Par Pacific's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Par Pacific's value.| Instituion | Recorded On | Shares | |
| Rubric Capital Management Lp | 2023-12-31 | 1.2 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1.2 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 1.1 M | |
| Punch & Associates Inv Mgmt Inc | 2023-12-31 | 1 M | |
| American Century Companies Inc | 2023-12-31 | 1 M | |
| Nuveen Asset Management, Llc | 2023-12-31 | 890.8 K | |
| Towle & Co | 2023-12-31 | 881.2 K | |
| Balyasny Asset Management Llc | 2023-12-31 | 791.8 K | |
| Renaissance Technologies Corp | 2023-12-31 | 764.3 K | |
| Blackrock Inc | 3023-12-31 | 8.6 M | |
| Vanguard Group Inc | 2023-12-31 | 5.6 M |
Par Pacific Historical Income Statement
Par Pacific Holdings Income Statement is one of the three primary financial statements used for reporting Par's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Par Pacific Holdings revenue and expense. Par Pacific Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Par Pacific's EBITDA is relatively stable compared to the past year. As of 04/19/2024, Cost Of Revenue is likely to grow to about 7.8 B, though Income Tax Expense is likely to grow to (109.6 M). View More FundamentalsPar Stock Against Markets
Picking the right benchmark for Par Pacific stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Par Pacific stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Par Pacific is critical whether you are bullish or bearish towards Par Pacific Holdings at a given time. Please also check how Par Pacific's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Par Pacific without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Par Pacific Corporate Directors
Par Pacific corporate directors refer to members of a Par Pacific board of directors. The board of directors generally takes responsibility for the Par Pacific's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Par Pacific's board members must vote for the resolution. The Par Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Curtis Anastasio | Independent Director | Profile | |
| Anthony Chase | Independent Director | Profile | |
| Christine Thorp | Director of Investor Relations | Profile | |
| Katherine Hatcher | Independent Director | Profile |
How to buy Par Stock?
Before investing in Par Pacific, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Par Pacific. To buy Par Pacific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Par Pacific. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Par Pacific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Par Pacific Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Par Pacific Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Par Pacific Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Par Stock please use our How to Invest in Par Pacific guide.
Already Invested in Par Pacific Holdings?
The danger of trading Par Pacific Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Par Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Par Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Par Pacific Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Par Pacific Holdings is a strong investment it is important to analyze Par Pacific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Par Pacific's future performance. For an informed investment choice regarding Par Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Par Pacific Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Par Stock analysis
When running Par Pacific's price analysis, check to measure Par Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |
Is Par Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Par Pacific. If investors know Par will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Par Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.408 | Earnings Share 11.94 | Revenue Per Share 137.119 | Quarterly Revenue Growth 0.207 | Return On Assets 0.12 |
The market value of Par Pacific Holdings is measured differently than its book value, which is the value of Par that is recorded on the company's balance sheet. Investors also form their own opinion of Par Pacific's value that differs from its market value or its book value, called intrinsic value, which is Par Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Par Pacific's market value can be influenced by many factors that don't directly affect Par Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Par Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Par Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Par Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.