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Par Pacific Holdings Inc Stock Research

PARR

21.37USD-0.31(-1.43%)Market Closed

Market Summary

USD21.37-0.31
Market Closed
-1.43%

PARR Stock Price

PARR RSI Chart

PARR Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

4

Price/Sales (Trailing)

0.2

EV/EBITDA

1.81

Price/Free Cashflow

3.64

PARR Price/Sales (Trailing)

PARR Profitability

EBT Margin

4.98%

Return on Equity

56.5%

Return on Assets

11.1%

Free Cashflow Yield

27.45%

PARR Fundamentals

PARR Revenue

Revenue (TTM)

7.3B

Revenue Y/Y

39.84%

Revenue Q/Q

-12.03%

PARR Earnings

Earnings (TTM)

364.2M

Earnings Y/Y

947.72%

Earnings Q/Q

-68.32%

Price Action

52 Week Range

13.7230.49
(Low)(High)

Last 7 days

-0.8%

Last 30 days

-8.8%

Last 90 days

-27.3%

Trailing 12 Months

27.7%

PARR Financial Health

Current Ratio

1.05

Debt/Equity

0.95

Debt/Cashflow

0.55

PARR Investor Care

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

6.08

Peers (Alternatives to Par Pacific Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.4B
27.8B
-8.92% -17.29%
9.08
2.74
46.65% 114.58%
60.4B
35.8B
-4.78% -16.58%
4.68
1.64
21.97% 31.96%
49.8B
19.1B
-12.11% -32.99%
9.45
2.71
21.85% 67.76%
48.5B
22.8B
-5.17% -26.32%
6.87
2.13
8.58% 68.17%
23.5B
9.2B
-8.94% -12.01%
5.39
2.57
14.20% 56.87%
14.4B
11.9B
-12.51% -31.65%
4.67
1.31
50.58% 232.96%
MID-CAP
8.1B
13.4B
-7.90% -40.86%
1.86
0.6
15.65% 404.04%
6.6B
5.4B
4.16% -23.83%
3.09
1.21
75.54% 3039.31%
5.4B
3.1B
-8.24% -27.05%
4.5
1.73
41.49% 59.32%
3.4B
2.0B
-5.16% -23.93%
15.21
1.53
9.15% 2052.25%
2.6B
3.5B
-18.43% -54.58%
1.88
0.73
74.35% 733.18%
1.9B
3.0B
-6.55% -47.11%
1.37
0.63
59.93% 186.57%
-
3.9B
- -
-
-
103.95% 100.98%
SMALL-CAP
1.5B
7.3B
-8.79% 27.66%
4
0.2
55.45% 547.97%
805.4M
1.7B
-8.19% -35.44%
1.28
0.42
2.66% 522.62%

Financials for Par Pacific Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue7.6%7,3226,8066,0615,1724,710
  S&GA Expenses5.6%62.0059.0055.0052.0048.00
EBITDA17.4%5334542664.00-
EBITDA Margin9.1%0.07*0.07*0.04*0.00*-
Earnings Before Taxes26.6%365288103-155-80.28
EBT Margin17.7%0.05*0.04*0.02*-0.03*-
Interest Expenses1.6%68.0067.0066.0065.0066.00
Net Income26.6%364288102-156-81.30
Net Income Margin17.7%0.05*0.04*0.02*-0.03*-
Free Cahsflow66.3%400240-46.33-42.26-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets5.6%3,2813,1073,2452,9202,570
  Current Assets8.2%1,8821,7391,8511,4641,130
    Cash Equivalents20.0%491409186141112
  Inventory13.9%1,0429151,1601,027790
  Goodwill1.7%129127127127127
Liabilities3.0%2,6362,5602,9672,7952,305
  Current Liabilities4.2%1,7941,7222,1101,8291,356
  Long Term Debt-11.5%520587565--
    LT Debt, Current0.3%11.0011.0011.0011.0011.00
    LT Debt, Non Current-0.5%495497509576554
Shareholder's Equity17.9%645547279126266
  Retained Earnings29.7%-200-285-552-701-559
  Additional Paid-In Capital0.9%836829828824822
Shares Outstanding0.1%60.0059.0059.00--
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations57.8%452,606286,837-1,780-4,570-27,622
  Share Based Compensation-1.0%9,3539,4529,8629,9378,165
Cashflow From Investing-92.4%-87,308-45,389-43,171-36,32374,628
Cashflow From Financing139.8%13,407-33,66258,800-30,966-1,094
  Buy Backs-3.7%7,8348,1377,3067,2142,145

Risks for PARR

What is the probability of a big loss on PARR?

86.9%


Probability that Par Pacific Holdings stock will be more than 20% underwater in next one year

75%


Probability that Par Pacific Holdings stock will be more than 30% underwater in next one year.

25%


Probability that Par Pacific Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PARR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Par Pacific Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for PARR

Cumulative Returns on PARR

3.7%


10-Year Cumulative Returns

5.0%


7-Year Cumulative Returns

3.7%


5-Year Cumulative Returns

32.0%


3-Year Cumulative Returns

What are the long-term rolling returns for PARR?

FIve years rolling returns for Par Pacific Holdings.

Annualized Returns

Which funds bought or sold PARR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-26
ProShare Advisors LLC
new
-
212,255
212,255
-%
2023-05-25
Brandywine Global Investment Management, LLC
new
-
8,682,390
8,682,390
0.04%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-1.05
1,454,400
7,448,400
-%
2023-05-22
PUTNAM INVESTMENTS LLC
new
-
450,906
450,906
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-40.57
-406,000
1,193,000
-%
2023-05-18
JPMORGAN CHASE & CO
added
110
7,397,000
11,881,000
-%
2023-05-17
Advisory Services Network, LLC
added
1,435
556,754
587,212
0.02%
2023-05-17
Thrivent Financial for Lutherans
reduced
-0.99
1,103,000
5,633,000
0.01%
2023-05-16
CAROLINAS WEALTH CONSULTING LLC
unchanged
-
130
642
-%
2023-05-16
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
reduced
-20.43
-2,109
2,880,050
0.07%

1–10 of 41

Latest Funds Activity

Are funds buying PARR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PARR
No. of Funds

Par Pacific Holdings News

Nasdaq
Par Pacific Holdings, Inc. (PARR) is Attracting Investor Attention ....
Nasdaq,
5 days ago
Investor's Business Daily
Investor's Business Daily
Investor's Business Daily

Schedule 13G FIlings of Par Pacific Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.02%
4,838,289
SC 13G/A
Feb 07, 2023
state street corp
6.08%
3,666,319
SC 13G
Jan 23, 2023
blackrock inc.
13.4%
8,073,948
SC 13G/A
Aug 02, 2022
chai trust co llc
5.6%
3,348,430
SC 13D/A
Jul 21, 2022
chai trust co llc
6.7%
4,024,828
SC 13D/A
Jul 08, 2022
chai trust co llc
8.7%
5,259,039
SC 13D/A
Jun 28, 2022
chai trust co llc
9.8%
5,905,781
SC 13D/A
Jun 07, 2022
chai trust co llc
10.9%
6,578,467
SC 13D/A
May 26, 2022
chai trust co llc
12.5%
7,517,816
SC 13D/A
May 13, 2022
chai trust co llc
13.7%
8,221,016
SC 13D/A

PARR Fair Value

Show Fair-Value

Recent SEC filings of Par Pacific Holdings

View All Filings
Date Filed Form Type Document
May 30, 2023
3
Insider Trading
May 18, 2023
8-K
Current Report
May 08, 2023
8-K
Current Report
May 05, 2023
10-Q
Quarterly Report
May 04, 2023
8-K
Current Report
May 02, 2023
8-K
Current Report
Apr 26, 2023
4
Insider Trading
Apr 06, 2023
4
Insider Trading
Apr 06, 2023
4
Insider Trading
Apr 06, 2023
4
Insider Trading

Latest Insider Trading transactions for PARR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-25
Creamer Richard
sold (taxes)
-24,141
23.08
-1,046
see remarks
2023-04-05
Cooper L Melvin
acquired
-
-
881
-
2023-04-05
DODS WALTER A JR
acquired
-
-
881
-
2023-04-05
ANASTASIO CURT
acquired
-
-
853
-
2023-04-05
Clossey Timothy
acquired
-
-
881
-
2023-04-05
Hatcher Katherine
acquired
-
-
881
-
2023-04-05
Davidson Phillip S
acquired
-
-
853
-
2023-03-03
Cooper L Melvin
sold
-59,700
29.85
-2,000
-
2023-02-28
Guerra Ivan Daniel
sold
-212,100
28.28
-7,500
chief accounting officer
2023-02-27
Monteleone William
sold
-386,064
28.41
-13,589
president

1–10 of 50

William C. Pate
1340
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. The Retail segment operates 119 fuel retail outlets, which sell merchandise, such as soft drinks, prepared foods, and other sundries in Hawaii under the Hele, 76, and nomnom brands; and gasoline, diesel, and retail merchandise in Washington and Idaho under the Cenex, nomnom, and Zip Trip brand names. The Logistics segment owns and operates terminals, pipelines, a single point mooring, and trucking operations to distribute refined products throughout the island of Oahu, Maui, Hawaii, Molokai, and Kauai. It also leases marine vessels; owns and operates a crude oil pipeline gathering system, a refined products pipeline, storage facilities, and loading racks in Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. In addition, this segment owns and operates a marine terminal, a unit train-capable rail loading terminal, storage facilities, a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.

PARR Income Statement

2023-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]  
Revenues$ 1,685,209$ 1,350,293
Operating expenses  
Cost of revenues (excluding depreciation)1,289,0201,350,249
Operating expense (excluding depreciation)83,12081,404
Depreciation and amortization24,36023,780
General and administrative expense (excluding depreciation)19,28615,893
Acquisition and integration costs5,27163
Par West redevelopment and other costs2,7500
Total operating expenses1,423,8071,471,389
Operating income (loss)261,402(121,096)
Other income (expense)  
Interest expense and financing costs, net(16,250)(16,394)
Debt extinguishment and commitment costs(17,720)0
Other income (loss), net(35)2
Equity earnings from Laramie Energy, LLC10,7060
Total other expense, net(23,299)(16,392)
Income (loss) before income taxes238,103(137,488)
Income tax benefit (expense)(213)437
Net income (loss)$ 237,890$ (137,051)
Income (loss) per share  
Basic (in dollars per share)$ 3.96$ (2.31)
Diluted (in dollars per share)$ 3.90$ (2.31)
Weighted-average number of shares outstanding  
Basic (in shares)60,11159,413
Diluted (in shares)61,04759,413

PARR Balance Sheet

2023-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 661,316$ 490,925
Restricted cash4,0024,001
Total cash, cash equivalents, and restricted cash665,318494,926
Trade accounts receivable, net of allowances of $0.3 million and $0.3 million at March 31, 2023 and December 31, 2022, respectively277,700252,885
Inventories929,5741,041,983
Prepaid and other current assets76,12792,043
Total current assets1,948,7191,881,837
Property, plant, and equipment  
Property, plant, and equipment1,237,6401,224,567
Less accumulated depreciation and amortization(406,121)(388,733)
Property, plant, and equipment, net831,519835,834
Long-term assets  
Operating lease right-of-use assets341,292350,761
Intangible assets, net12,91213,577
Goodwill129,275129,325
Other long-term assets63,71569,313
Total assets3,327,4323,280,647
Current liabilities  
Current maturities of long-term debt3,74710,956
Obligations under inventory financing agreements871,562893,065
Accounts payable188,086151,395
Accrued taxes32,28132,099
Operating lease liabilities66,52966,081
Other accrued liabilities410,150640,494
Total current liabilities1,572,3551,794,090
Long-term liabilities  
Long-term debt, net of current maturities530,574494,576
Finance lease liabilities6,6706,311
Operating lease liabilities281,471292,701
Other liabilities48,36948,432
Total liabilities2,439,4392,636,110
Commitments and contingencies
Stockholders’ equity  
Preferred stock, $0.01 par value: 3,000,000 shares authorized, none issued00
Common stock, $0.01 par value; 500,000,000 shares authorized at March 31, 2023 and December 31, 2022, 61,029,446 shares and 60,470,837 shares issued at March 31, 2023 and December 31, 2022, respectively610604
Additional paid-in capital842,062836,491
Accumulated earnings (deficit)37,203(200,687)
Accumulated other comprehensive income8,1188,129
Total stockholders’ equity887,993644,537
Total liabilities and stockholders’ equity$ 3,327,432$ 3,280,647