PARR Stock Overview
Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses.
Par Pacific Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.28|
|52 Week High||US$21.10|
|52 Week Low||US$11.66|
|1 Month Change||27.43%|
|3 Month Change||26.93%|
|1 Year Change||19.90%|
|3 Year Change||-8.89%|
|5 Year Change||14.76%|
|Change since IPO||3,113.33%|
Recent News & Updates
Is Par Pacific Holdings (NYSE:PARR) Weighed On By Its Debt Load?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
A Look At The Fair Value Of Par Pacific Holdings, Inc. (NYSE:PARR)
Does the June share price for Par Pacific Holdings, Inc. ( NYSE:PARR ) reflect what it's really worth? Today, we will...
|PARR||US Oil and Gas||US Market|
Return vs Industry: PARR underperformed the US Oil and Gas industry which returned 49.9% over the past year.
Return vs Market: PARR exceeded the US Market which returned -11.6% over the past year.
|PARR Average Weekly Movement||8.4%|
|Oil and Gas Industry Average Movement||8.9%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: PARR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: PARR's weekly volatility (8%) has been stable over the past year.
About the Company
Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates three refineries that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, distillate, asphalt, low sulfur fuel oil, and other associated refined products primarily for consumption in Hawaii, Pacific Northwest, Wyoming, and South Dakota.
Par Pacific Holdings Fundamentals Summary
|PARR fundamental statistics|
Is PARR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PARR income statement (TTM)|
|Cost of Revenue||US$5.41b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||1.69|
|Net Profit Margin||1.68%|
How did PARR perform over the long term?See historical performance and comparison
Is PARR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for PARR?
Other financial metrics that can be useful for relative valuation.
|What is PARR's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does PARR's PE Ratio compare to its peers?
|PARR PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
VTNR Vertex Energy
CLMT Calumet Specialty Products Partners
INT World Fuel Services
CLNE Clean Energy Fuels
PARR Par Pacific Holdings
Price-To-Earnings vs Peers: PARR is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (-9.1x).
Price to Earnings Ratio vs Industry
How does PARR's PE Ratio compare vs other companies in the US Oil and Gas Industry?
Price-To-Earnings vs Industry: PARR is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the US Oil and Gas industry average (9.8x)
Price to Earnings Ratio vs Fair Ratio
What is PARR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||11.4x|
|Fair PE Ratio||10.1x|
Price-To-Earnings vs Fair Ratio: PARR is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (10.1x).
Share Price vs Fair Value
What is the Fair Price of PARR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: PARR ($19.28) is trading below our estimate of fair value ($19.88)
Significantly Below Fair Value: PARR is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Par Pacific Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PARR's earnings are forecast to decline over the next 3 years (-17.4% per year).
Earnings vs Market: PARR's earnings are forecast to decline over the next 3 years (-17.4% per year).
High Growth Earnings: PARR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: PARR's revenue is expected to decline over the next 3 years (-5.5% per year).
High Growth Revenue: PARR's revenue is forecast to decline over the next 3 years (-5.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PARR's Return on Equity is forecast to be high in 3 years time
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How has Par Pacific Holdings performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PARR has a high level of non-cash earnings.
Growing Profit Margin: PARR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: PARR has become profitable over the past 5 years, growing earnings by -44.5% per year.
Accelerating Growth: PARR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PARR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (172.9%).
Return on Equity
High ROE: Whilst PARR's Return on Equity (36.58%) is high, this metric is skewed due to their high level of debt.
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How is Par Pacific Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PARR's short term assets ($1.9B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: PARR's short term assets ($1.9B) exceed its long term liabilities ($856.7M).
Debt to Equity History and Analysis
Debt Level: PARR's net debt to equity ratio (119.7%) is considered high.
Reducing Debt: PARR's debt to equity ratio has increased from 83.5% to 186.5% over the past 5 years.
Debt Coverage: PARR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PARR's interest payments on its debt are well covered by EBIT (3.3x coverage).
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What is Par Pacific Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PARR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PARR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PARR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PARR's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PARR has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bill Pate (58 yo)
Mr. William C. Pate, also known as Bill, JD, served as Director at Jupiter Acquisition Corporation. Since October 2015, Mr. Pate has served as President and Chief Executive Officer, and since December 2014...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD3.54M) is about average for companies of similar size in the US market ($USD3.91M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Experienced Management: PARR's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: PARR's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PARR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Par Pacific Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Par Pacific Holdings, Inc.
- Ticker: PARR
- Exchange: NYSE
- Founded: 1984
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Implied Market Cap: US$1.160b
- Shares outstanding: 60.18m
- Website: https://www.parpacific.com
Number of Employees
- Par Pacific Holdings, Inc.
- 825 Town & Country Lane
- Suite 1500
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 00:00|
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.