Par Pacific Holdings, Inc., an energy company, provides renewable and conventional fuels in the United States. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates refineries that convert crude oil into gasoline, distillate, asphalt, and other products. The Retail segment operates convenience stores and fuel retail outlets that sell gasoline, diesel, and retail merchandise, such as soft drinks, prepared food, and other sundries under the Hele, 76, and nomnom brands, as well as unattended cardlock stations. The Logistics segment owns and operates terminals, pipelines, trucking operations, marine vessels, storage facilities, loading and truck racks, and rail facilities for the movement of ethanol, petroleum, and refined products; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. The company also holds interest in crude storage tanks and a crude oil pipeline that provides access to crude oil from power river basin; and refined products pipeline. In addition, it owns and operates a single point mooring, a marine terminal, a unit train-capable rail loading terminal, manifest rail siding, a truck rack, and a proprietary jet fuel 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.
Strategic Outlook | Explore PARR's ability to leverage operational flexibility, capitalize on refining margin strength, and overcome maintenance-related issues for future growth |
Market Positioning | PARR trades at a discount to estimated 2025 mid-cycle EBITDA, suggesting potential undervaluation amid industry-wide adjustments and regional market shifts |
Financial Flux | Q1 2024 estimates revised: EPS $0.79, EBITDA $107M. Analysts project higher medium-term earnings power, with price targets ranging from $43 to $47 |
Refining Resilience | Par Pacific Holdings navigates complex market dynamics, showcasing potential for long-term growth despite near-term challenges in the refining secto |
Metrics to compare | PARR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipPARRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 8.3x | 16.3x | 6.9x | |
PEG Ratio | 0.01 | 0.04 | 0.00 | |
Price / Book | 2.0x | 1.2x | 1.1x | |
Price / LTM Sales | 0.4x | 0.4x | 1.5x | |
Upside (Analyst Target) | 17.8% | 6.0% | 16.3% | |
Fair Value Upside | Unlock | 5.1% | 5.9% | Unlock |