Par Pacific Holdings (PARR)

• Market cap: $870M
• 1 day: -0.19%
• 5 days: -1.33%
• 1 month: -11.60%
• 3 months: -11.80%
• 6 months: -28.67%
• Year to date: -6.83%
• 1 year: -61.49%
• 5 years: -12.64%
• 10 years: -37.92%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

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 Q4 regulatory filings by fund managers ($100M+ AUM)

61% more call options, than puts

Call options by funds: $5.56M | Put options by funds: $3.46M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]

14% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 64

1.08% less ownership

Funds ownership: 95.19% [Q3] → 94.1% (-1.08%) [Q4]

8% less funds holding

Funds holding: 216 [Q3] → 199 (-17) [Q4]

9% less capital invested

Capital invested by funds: $944M [Q3] → $863M (-$80.6M) [Q4]

28% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 53

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 29% upside
• Avg. target: $23 48% upside
• High target: $26 67% upside

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Goldman Sachs Neil Mehta 49% 1-year accuracy 31 / 63 met price target	29% upside $20	Neutral Maintained	31 Jan 2025
Raymond James Justin Jenkins 53% 1-year accuracy 10 / 19 met price target	61% upside $25	Outperform Initiated	24 Jan 2025
JP Morgan John Royall 31% 1-year accuracy 5 / 16 met price target	67% upside $26	Overweight Maintained	16 Jan 2025
Mizuho Nitin Kumar 54% 1-year accuracy 38 / 71 met price target	41% upside $22	Neutral Downgraded	16 Dec 2024
Piper Sandler Nitin Kumar 54% 1-year accuracy 38 / 71 met price target	41% upside $22	Neutral Downgraded	16 Dec 2024