Par Pacific HoldingsPARR
About: Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
Employees: 1,814
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
196% more call options, than puts
Call options by funds: $6.23M | Put options by funds: $2.1M
9% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 86
3.52% less ownership
Funds ownership: 94.56% [Q1] → 91.04% (-3.52%) [Q2]
15% less funds holding
Funds holding: 264 [Q1] → 224 (-40) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
36% less capital invested
Capital invested by funds: $2.08B [Q1] → $1.33B (-$747M) [Q2]
61% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 66
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Goldman Sachs Neil Mehta 36% 1-year accuracy 9 / 25 met price target | 54%upside $28 | Neutral Maintained | 9 Oct 2024 |
Mizuho Nitin Kumar 21% 1-year accuracy 15 / 70 met price target | 43%upside $26 | Outperform Maintained | 9 Oct 2024 |
JP Morgan John Royall 31% 1-year accuracy 5 / 16 met price target | 65%upside $30 | Overweight Upgraded | 2 Oct 2024 |
Piper Sandler Ryan Todd 20% 1-year accuracy 6 / 30 met price target | 26%upside $23 | Neutral Downgraded | 20 Sept 2024 |
Mizuho Nitin Kumar 21% 1-year accuracy 15 / 70 met price target | 54%upside $28 | Outperform Maintained | 16 Sept 2024 |