PARR · NYSE · Oil & Gas Refining & Marketing

Par Pacific (PARR)

Refines and distributes fuels through an integrated western U.S. logistics and retail network.

$76.83
vs last close−2.28 (−2.88%)
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Par Pacific Holdings, Inc.PARR
Energy

Refines crude oil into transportation fuels and asphalt across a four-refinery western U.S. system, then moves and sells products through logistics and branded retail. Operations span Hawaii, the Pacific Northwest, and the Rockies, where supply routes and refinery availability shape margins.

Operates four refineries in Hawaii, Washington, Wyoming, and Montana, converting crude into gasoline, diesel, jet fuel, asphalt, and other products for western U.S. markets. Storage, terminals, pipelines, marine, rail, rack, and trucking assets move feedstocks and finished fuels across the Pacific, Northwest, and Rockies.

Sells fuel and convenience merchandise through Hele and nomnom locations, third-party sites, and unattended cardlocks. A majority-owned renewable-fuels venture operates at the Hawaii refinery; a minority stake in Laramie Energy adds exposure to Colorado natural gas production.

Uses logistics and retail outlets to connect refinery output with local demand in geographically separated markets. Results depend on crude and feedstock costs, regional fuel demand, refining margins, refinery availability, logistics access, and compliance with environmental and fuel regulations.

Company facts

CEOWill Monteleone
ListedSep 5, 2012
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees1,758
CIK0000821483
ISINUS69888T2078

Market cap$3.97B
EPS (ttm)$17.14
P/E (ttm)4.62
ROE57.8%
P/B2.62
P/S0.4603
Dividend yieldDiv yield
Beta−0.39vs XLE 1.39

Price target$85.00+7.4%Average of 17 analysts
ConsensusBuy13 of 17 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026Raymond JamesReiterate
Rating: Target: $85
Rating: OutperformTarget: $104
Aug 11, 2026Mizuho SecuritiesTarget
Target: $80
Target: $85
Jul 23, 2026Goldman SachsReiterate
Rating: Target: $77
Rating: BuyTarget: $92
Jul 13, 2026Raymond JamesReiterate
Rating: Target: $50
Rating: OutperformTarget: $85
Jul 9, 2026Mizuho SecuritiesTarget
Target: $79
Target: $80

Next report
Nov 3, 26
in 41 days
EPS estimate
$5.68
Revenue estimate
$2.07B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.79−$0.94$1.54$5.95$1.17$0.78$10.10Pending
Estimate−$0.97−$0.77$0.74$1.98$1.21$1.00$8.22$5.68
Surprise+18.9%−22.1%+108.1%+200.5%−3.3%−21.6%+22.9%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.83B$1.75B$1.89B$2.01B$1.81B$1.82B$2.97BPending
Estimate$1.68B$1.56B$1.60B$1.76B$1.68B$1.78B$2.40B$2.07B
Surprise+9.1%+11.6%+18.3%+14.3%+8.1%+2.2%+23.7%
Estimate$5.68
ReportedDue Nov 3, 2026
Estimate$2.07B
ReportedDue Nov 3, 2026
View details

Debt to equity80.40%
Current ratio160.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.14B$1.83B$1.75B$1.89B$2.01B$1.81B$1.82B$2.97B
Net income$7.5M−$55.7M−$30.4M$59.5M$262.6M$77.7M$54.5M$462.1M
Net margin0.3%0.0%0.0%3.1%13.0%4.3%3.0%15.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$36.4M−$47.0M−$15.8M$96.8M$358.5M$99.3M$135.5M$634.6M
YoY growth−81.5%Turned lossTurned loss+98.9%+884.1%Turned profitTurned profit+555.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $164.1M · Total debt $1.21B · Total assets $3.83B · Shareholders' equity $1.51B

Revenue
$2.97B
Operating income
$634.6M
Net income
$462.1M
View details

No dividends on record.

Institutions≈ 100.37%50.29M shares
383 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders2.53%1.27M shares
14 holders · as of Sep 15, 2026
Strategic holders4.51%2.26M shares
1 holder · as of Feb 8, 2017
Adds to107.41%

50.10M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 107.41%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
14.31%7.17Mas of Jun 30, 2026
State Street CorpInstitution
6.68%3.35Mas of Jun 30, 2026
Invesco Ltd.Institution
5.48%2.75Mas of Jun 30, 2026
Brown Advisory Incorporated ("BA Inc.")Strategic
4.51%2.26Mfiled Feb 8, 2017
Vanguard Capital Management LLCInstitution
4.25%2.13Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026Terrill Pitkinofficer: SVP, Planning & Commercial−3,815$84.50
Sep 10, 2026Timothy Closseydirector−10,970$84.00
Sep 3, 2026William Monteleonedirector, officer: President and CEO−26,801$83.00
Sep 2, 2026William Monteleonedirector, officer: President and CEO−40,000$81.30
Aug 18, 2026William Patedirector−68,852$80.75
View details

  • HF Sinclair

    Closest western refining, marketing, logistics, and renewables peer

  • Marathon Petroleum

    Scale rival in refining, branded fuels, and midstream logistics

  • Phillips 66

    Diversified downstream rival across refining, logistics, and renewables

  • Valero Energy

    Large independent refiner with major renewable diesel and SAF scale

  • PBF Energy

    Merchant refiner with logistics and coastal West Coast exposure

  • Delek US

    Regional downstream peer in refining, logistics, and wholesale fuels

  • CVR Energy

    Smaller regional refiner with logistics and renewable-fuels exposure

Compare

CompanyPriceChange
Par Pacific$76.83−2.88%$3.97B4.64.60.5+56.8%
HF Sinclair$106.23−0.44%$18.97B10.16.30.6+53.2%
Marathon Petroleum$391.08+0.36%$113.76B13.46.50.7+54.9%
Phillips 66$256.48−0.12%$102.95B14.68.10.7+55.9%
Valero Energy$379.37+0.59%$108.59B15.67.70.8+48.8%
PBF Energy$70.97−0.66%$8.47B6.33.10.2+56.2%
Delek US$71.47−2.55%$4.49B20.64.80.4+47.8%
CVR Energy$51.10−1.98%$5.24B75.613.80.6+55.5%
Median14.66.50.6+54.9%