Par Pacific Holdings Inc (PARR)

Par Pacific Holdings, Inc. reported strong earnings of $1.54 earnings per share for a recent quarter, surpassing analyst estimates. Revenue for the same quarter was $1.89 billion, exceeding estimates but representing a 6.2% year-over-year decrease. Net income increased to $59.46 million for the quarter ended June 30, 2025. Insiders have sold shares worth over $863,000 in the last quarter. Analysts have given PARR a consensus recommendation of "Moderate Buy," with an average 12-month price objective of $34.86. The stock has shown stable price performance and weekly volatility.

Par Pacific Holdings, Inc. experiences demand seasonality for its products, particularly influenced by the summer driving season. Strong seasonal demand is observed in markets like the Rockies. The South Dakota economy, anchored by tourism, contributes to demand for transportation services. Geopolitical tensions and OPEC production cuts can also influence supply and demand dynamics.

Par Pacific Holdings, Inc. is an energy company based in Houston, Texas, with an integrated business model spanning refining, logistics, and retail operations. The refining segment produces petroleum products such as gasoline, diesel, and jet fuel. The logistics segment manages pipelines, terminals, and marine vessels for transporting crude oil and refined products. The retail segment operates fuel retail outlets and convenience stores under brands like Hele and 76. The company also holds a 42.3% interest in Laramie Energy, LLC.

Par Pacific Holdings, Inc. has a significant geographic presence in the United States, particularly in the Pacific and Rocky Mountain regions. Its refining operations are located in Kapolei, Hawaii; Newcastle, Wyoming; Tacoma, Washington; and Billings, Montana. The retail segment's fuel stations and convenience stores are primarily found in Hawaii, Washington, and Idaho. The logistics network supports distribution throughout Hawaii, the U.S. West Coast, Washington, the Dakotas, and Wyoming. The company's Montana refinery serves a broader economy encompassing Montana, Wyoming, Colorado, Idaho, Utah, eastern Washington, and the Dakotas.

Par Pacific's refineries in Washington and Wyoming received ENERGY STAR certification from the EPA in January 2024. The Washington refinery achieved the lowest carbon intensity globally according to the Solomon Energy Intensity Index. In March 2022, Par Pacific announced it would source non-Russian crude for its Hawaii refinery. The company's integrated business model and strong brand recognition for its retail network contribute to its standing in the energy sector.

Par Pacific Holdings, Inc. is predominantly owned by institutional shareholders, who hold 99.13% of the company's stock. Major institutional owners include BlackRock Inc., The Vanguard Group Inc., and State Street Corp.