Par Pacific Holdings Management

Management criteria checks 3/4

Par Pacific Holdings' CEO is Will Monteleone, appointed in Jan 2023, has a tenure of 12.42 years. total yearly compensation is $2.06M, comprised of 24.2% salary and 75.8% bonuses, including company stock and options. directly owns 0.64% of the company’s shares, worth €5.71M. The average tenure of the management team and the board of directors is 2 years and 10.1 years respectively.

Key information

Will Monteleone

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage	24.2%
CEO tenure	2yrs
CEO ownership	0.6%
Management average tenure	2yrs
Board average tenure	10.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Will Monteleone's remuneration changed compared to Par Pacific Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$312m
Jun 30 2024	n/a	n/a	US$476m
Mar 31 2024	n/a	n/a	US$487m
Dec 31 2023	US$2m	US$498k	US$729m
Sep 30 2023	n/a	n/a	US$524m
Jun 30 2023	n/a	n/a	US$620m
Mar 31 2023	n/a	n/a	US$739m
Dec 31 2022	US$2m	US$435k	US$364m
Sep 30 2022	n/a	n/a	US$288m
Jun 30 2022	n/a	n/a	US$102m
Mar 31 2022	n/a	n/a	-US$156m
Dec 31 2021	US$2m	US$415k	-US$81m
Sep 30 2021	n/a	n/a	-US$221m
Jun 30 2021	n/a	n/a	-US$317m
Mar 31 2021	n/a	n/a	-US$249m
Dec 31 2020	US$1m	US$415k	-US$409m
Sep 30 2020	n/a	n/a	-US$242m
Jun 30 2020	n/a	n/a	-US$311m
Mar 31 2020	n/a	n/a	-US$242m
Dec 31 2019	US$1m	US$400k	US$40m
Sep 30 2019	n/a	n/a	US$19m
Jun 30 2019	n/a	n/a	US$96m
Mar 31 2019	n/a	n/a	US$84m
Dec 31 2018	US$1m	US$383k	US$39m

Compensation vs Market: Will's total compensation ($USD2.06M) is above average for companies of similar size in the German market ($USD1.45M).

Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.

CEO

Will Monteleone (40 yo)

2yrs

Tenure

US$2,059,910

Compensation

Mr. William Monteleone, also known as Will, served as Executive Vice President of Par Pacific Holdings, Inc. since 2022 until January 01, 2023 and serves as its President since January 01, 2023 and is its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
William Monteleone	President	2yrs	US$2.06m	0.64% € 5.7m
Shawn Flores	Senior VP & CFO	2yrs	US$1.27m	0.052% € 460.4k
Jeffrey Hollis	Senior VP	3yrs	US$1.24m	0.024% € 210.4k
Richard Creamer	Executive Vice President of Refining & Logistics	2.8yrs	US$1.64m	0.087% € 775.2k
Ivan Guerra	VP, Chief Accounting Officer & Controller	8yrs	no data	0.029% € 258.7k
Ryan Kelley	Senior VP & Chief Information Officer	3yrs	no data	no data
Ashimi Patel	Director of Investor Relations	no data	no data	no data
Matthew Legg	Senior VP & Chief Human Resources Officer	3yrs	no data	no data
Danielle Mattiussi	Senior VP & Chief Retail Officer	2yrs	no data	0.018% € 164.4k
Terrill Pitkin	Senior Vice President of Planning & Commercial	1.7yrs	no data	no data
Jonathan Goldsmith	Senior Vice President of Renewables	1.7yrs	no data	no data
Kim Jakub	Senior Vice President of Rocky Mountain Refining	less than a year	no data	no data

2.0yrs

Average Tenure

41.5yo

Average Age

Experienced Management: 61P's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
William Monteleone	President	12.4yrs	US$2.06m	0.64% € 5.7m
Melvyn Klein	Independent Chairman Emeritus	10.6yrs	US$276.25k	0.10% € 910.9k
Robert Silberman	Independent Chairman of the Board	10.4yrs	US$313.75k	0.11% € 958.2k
William Pate	Director	10.1yrs	US$4.43m	0.94% € 8.4m
Curtis Anastasio	Independent Director	10.6yrs	US$182.50k	0.18% € 1.6m
Eric Yeaman	Independent Director	less than a year	no data	0.0042% € 37.3k
Katherine Hatcher	Independent Director	6yrs	US$171.25k	0.061% € 542.0k
Patricia Martinez	Independent Director	1.7yrs	US$98.75k	0.0096% € 86.0k
Timothy Clossey	Independent Director	10.6yrs	US$180.63k	0.15% € 1.3m
Aaron Zell	Independent Director	1.7yrs	US$98.75k	0.0030% € 27.1k
Philip Davidson	Independent Director	3.3yrs	US$167.50k	0.012% € 105.5k

10.1yrs

Average Tenure

60yo

Average Age

Experienced Board: 61P's board of directors are seasoned and experienced ( 10.1 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 09:27
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Par Pacific Holdings, Inc. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Rhett Bruno	BofA Global Research
Manav Gupta	Credit Suisse
Timothy Rezvan	CRT Capital Group

Par Pacific Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

Par Pacific Holdings, Inc., Annual General Meeting, Apr 30, 2024

Par Pacific Holdings, Inc. Announces Chief Executive Officer Changes

Patricia Martinez Joins the Board of Directors of Par Pacific Holdings, Inc

Par Pacific Holdings, Inc. Elects Aaron Zell as Board of Director

Insider recently sold €200k worth of stock

Recent updates

New major risk - Financial position

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: US$0.13 (vs US$2.85 in 3Q 2023)

Par Pacific Holdings, Inc. to Report Q3, 2024 Results on Nov 04, 2024

Investor sentiment deteriorates as stock falls 15%

Investor sentiment deteriorates as stock falls 18%

New minor risk - Financial position

Second quarter 2024 earnings released: EPS: US$0.33 (vs US$0.50 in 2Q 2023)

Now 21% undervalued after recent price drop

Par Pacific Holdings, Inc. to Report Q2, 2024 Results on Aug 06, 2024

Par Pacific Holdings, Inc.(NYSE:PARR) dropped from Russell 3000 Growth Index

High number of new directors

Par Pacific Holdings, Inc. (NYSE:PARR) announces an Equity Buyback for $250 million worth of its shares.

First quarter 2024 earnings released: US$0.064 loss per share (vs US$3.96 profit in 1Q 2023)

Par Pacific Holdings, Inc. to Report Q1, 2024 Results on May 06, 2024

Par Pacific Holdings, Inc., Annual General Meeting, Apr 30, 2024

New major risk - Revenue and earnings growth

New minor risk - Financial position

Par Pacific Holdings, Inc. Announces Chief Executive Officer Changes

Par Pacific Holdings, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Third quarter 2023 earnings released: EPS: US$2.85 (vs US$4.49 in 3Q 2022)

Par Pacific Holdings, Inc. to Report Q3, 2023 Results on Nov 06, 2023

New minor risk - Financial position

Second quarter 2023 earnings released: EPS: US$0.50 (vs US$2.51 in 2Q 2022)

Par Pacific Holdings, Inc. (NYSE:PARR) announces an Equity Buyback for $250 million worth of its shares.

Investor sentiment improves as stock rises 17%

Par Pacific Holdings, Inc. to Report Q2, 2023 Results on Aug 07, 2023

Par Pacific Holdings, Inc. (NYSE:PARR) completed the acquisition of 63,000 bpd Billings Refinery and Associated Marketing and Logistics Assets from Exxon Mobil Corporation (NYSE:XOM).

Patricia Martinez Joins the Board of Directors of Par Pacific Holdings, Inc

Par Pacific Holdings, Inc. Elects Aaron Zell as Board of Director

First quarter 2023 earnings released: EPS: US$3.96 (vs US$2.31 loss in 1Q 2022)

Now 21% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

Insider recently sold €200k worth of stock

Full year 2022 earnings released: EPS: US$6.12 (vs US$1.40 loss in FY 2021)

Par Pacific Holdings, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Investor sentiment improves as stock rises 16%

Par Pacific Holdings, Inc. Announces Management Changes

Executive Vice President of Retail recently sold €247k worth of stock

VP, General Counsel & Secretary recently sold €52k worth of stock

Third quarter 2022 earnings released: EPS: US$4.49 (vs US$1.38 in 3Q 2021)

Investor sentiment improved over the past week

Par Pacific Holdings, Inc. (NYSE:PARR) signed an definitive agreement to acquire 63,000 bpd Billings Refinery and Associated Marketing and Logistics Assets from Exxon Mobil Corporation (NYSE:XOM) for $310 million.

Par Pacific Holdings, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Investor sentiment improved over the past week

Par Pacific Holdings, Inc. Announces Executive Changes

Second quarter 2022 earnings released: EPS: US$2.51 (vs US$1.84 loss in 2Q 2021)

Par Pacific Holdings, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Insider recently sold €88k worth of stock

Par Pacific Holdings, Inc. Provides Production Guidance Second Quarter 2022

First quarter 2022 earnings released: US$2.31 loss per share (vs US$1.15 loss in 1Q 2021)

Par Pacific Holdings, Inc. Appoints Richard Creamer as Executive Vice President, Refining and Logistics

Par Pacific Holdings, Inc. to Report Q1, 2022 Results on May 04, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Par Pacific Holdings, Inc. to Report Q4, 2021 Results on Feb 23, 2022

President recently bought €411k worth of stock

Independent Chairman Emeritus recently bought €114k worth of stock

Independent Chairman Emeritus recently bought €119k worth of stock

Third quarter 2021 earnings released: EPS US$1.36 (vs US$0.27 loss in 3Q 2020)

Senior VP & Director recently sold €300k worth of stock

Second quarter 2021 earnings released: US$1.84 loss per share (vs US$0.76 loss in 2Q 2020)

Director Anthony Chase has joined 5th company board

Director Anthony Chase has joined 5th company board

Director Anthony Chase has joined 5th company board

Director Anthony Chase has joined 5th company board

Director Anthony Chase has joined 5th company board

Chief Accounting Officer & Controller recently sold €62k worth of stock

First quarter 2021 earnings released: US$1.15 loss per share (vs US$4.18 loss in 1Q 2020)

Par Pacific Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $80 million.