NYSE:PARR

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Par Pacific Holdings

Executive Summary

Par Pacific Holdings, Inc. owns, manages, and maintains interests in energy and infrastructure businesses. More Details


Snowflake Analysis

Moderate growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Par Pacific Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PARR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.4%

PARR

1.0%

US Oil and Gas

-0.4%

US Market


1 Year Return

-67.0%

PARR

-45.9%

US Oil and Gas

18.3%

US Market

Return vs Industry: PARR underperformed the US Oil and Gas industry which returned -45.9% over the past year.

Return vs Market: PARR underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

PARRIndustryMarket
7 Day4.4%1.0%-0.4%
30 Day8.7%3.6%6.6%
90 Day-9.5%-14.9%8.6%
1 Year-67.0%-67.0%-42.6%-45.9%21.0%18.3%
3 Year-63.4%-63.4%-45.2%-52.5%42.1%32.7%
5 Year-66.7%-66.7%-42.6%-53.7%85.6%64.7%

Price Volatility Vs. Market

How volatile is Par Pacific Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Par Pacific Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PARR ($7.6) is trading below our estimate of fair value ($32.42)

Significantly Below Fair Value: PARR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PARR is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: PARR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PARR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PARR is overvalued based on its PB Ratio (1x) compared to the US Oil and Gas industry average (0.8x).


Next Steps

Future Growth

How is Par Pacific Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

93.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PARR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: PARR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PARR's is expected to become profitable in the next 3 years.

Revenue vs Market: PARR's revenue (4.6% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: PARR's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PARR is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Par Pacific Holdings performed over the past 5 years?

-13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PARR is currently unprofitable.

Growing Profit Margin: PARR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PARR is unprofitable, and losses have increased over the past 5 years at a rate of 13.7% per year.

Accelerating Growth: Unable to compare PARR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PARR is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36.5%).


Return on Equity

High ROE: PARR has a negative Return on Equity (-79.33%), as it is currently unprofitable.


Next Steps

Financial Health

How is Par Pacific Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PARR's short term assets ($719.8M) do not cover its short term liabilities ($806.6M).

Long Term Liabilities: PARR's short term assets ($719.8M) do not cover its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: PARR's debt to equity ratio (182.4%) is considered high.

Reducing Debt: PARR's debt to equity ratio has increased from 55.7% to 182.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PARR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PARR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.5% per year.


Next Steps

Dividend

What is Par Pacific Holdings's current dividend yield, its reliability and sustainability?

1.03%

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.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PARR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Bill Pate (56 yo)

5yrs

Tenure

US$2,460,513

Compensation

Mr. William C. Pate, also known as Bill, JD, is Director at Jupiter Acquisition Corporation. Since October 2015, Mr. Pate has served as President and Chief Executive Officer, and since December 2014, as a ...


CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD2.46M) is about average for companies of similar size in the US market ($USD1.93M).

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


Leadership Team

NamePositionTenureCompensationOwnership
William Pate
President5yrsUS$2.46m0.40%
$ 1.6m
William Monteleone
CFO & Director8.17yrsUS$1.35m0.42%
$ 1.7m
James Vaughn
Chief Administrative Officer1.25yrsUS$1.16m0.084%
$ 343.0k
Jim Yates
Senior VP & President of Par Hawaii5.42yrsUS$948.93k0.079%
$ 322.3k
Ivan Guerra
Chief Accounting Officer & Controller2.58yrsno data0.039%
$ 159.5k
Ashimi Patel
Manager of Investor Relationsno datano datano data
Suneel Mandava
Senior Vice President of Financeno datano datano data

3.6yrs

Average Tenure

46.5yo

Average Age

Experienced Management: PARR's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Pate
President5yrsUS$2.46m0.40%
$ 1.6m
William Monteleone
CFO & Director8.17yrsUS$1.35m0.42%
$ 1.7m
Melvyn Klein
Independent Chairman Emeritusno dataUS$270.00k0.080%
$ 327.4k
Walter Dods
Independent Director5.33yrsUS$175.00k0.13%
$ 513.0k
Robert Silberman
Independent Chairman of the Board1.75yrsUS$270.00k0.11%
$ 456.0k
L. Cooper
Independent Director8.17yrsUS$167.50k0.062%
$ 252.8k
Curtis Anastasio
Independent Director6.33yrsUS$180.00k0.14%
$ 564.9k
Joseph Israel
Director and President & CEO of Par Petroleum5.75yrsUS$1.68m0.14%
$ 554.3k
Katherine Hatcher
Independent Director1.75yrsUS$160.00k0.028%
$ 113.6k
Timothy Clossey
Independent Director6.33yrsUS$202.50k0.11%
$ 446.4k

5.8yrs

Average Tenure

61.5yo

Average Age

Experienced Board: PARR's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Company Information

Par Pacific Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Par Pacific Holdings, Inc.
  • Ticker: PARR
  • Exchange: NYSE
  • Founded: 1984
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: US$410.136m
  • Shares outstanding: 53.97m
  • Website: https://www.parpacific.com

Number of Employees


Location

  • Par Pacific Holdings, Inc.
  • 825 Town & Country Lane
  • Suite 1500
  • Houston
  • Texas
  • 77024
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PARRNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2012
61PDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2012

Biography

Par Pacific Holdings, Inc. owns, manages, and maintains interests in energy and infrastructure businesses. The company operates in three segments: Refining, Retail, and Logistics. The Refining segment oper ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 00:54
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.