Par Pacific (NYSE:PARR) Shares Gap Up – What’s Next?

10 Sep 2026, 16:00 by Danessa Lincoln · The Markets Daily

Par Pacific Holdings, Inc. (NYSE:PARR – Get Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $83.13, but opened at $85.30. Par Pacific shares last traded at $82.5520, with a volume of 47,366 shares.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Benchmark reissued a “buy” rating on shares of Par Pacific in a report on Wednesday, July 8th. The Goldman Sachs Group raised their price objective on shares of Par Pacific from $77.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Wall Street Zen raised shares of Par Pacific from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 17th. Weiss Ratings upgraded shares of Par Pacific from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Finally, Guggenheim raised shares of Par Pacific to an “outperform” rating in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Par Pacific currently has an average rating of “Buy” and an average price target of $81.57.

Read Our Latest Report on PARR

Par Pacific Price Performance

The firm has a market capitalization of $4.24 billion, a PE ratio of 4.93 and a beta of 0.77. The stock has a 50-day moving average price of $75.88 and a 200 day moving average price of $63.68. The company has a quick ratio of 0.76, a current ratio of 1.84 and a debt-to-equity ratio of 0.38.

Par Pacific (NYSE:PARR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $10.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.22 by $1.88. Par Pacific had a return on equity of 56.19% and a net margin of 9.94%.The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the firm posted $1.54 EPS. The business’s revenue was up 56.8% on a year-over-year basis. Equities analysts forecast that Par Pacific Holdings, Inc. will post 21.33 EPS for the current fiscal year.

Insider Buying and Selling at Par Pacific

In other news, insider Danielle Mattiussi sold 3,278 shares of Par Pacific stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $67.29, for a total value of $220,576.62. Following the sale, the insider owned 27,878 shares in the company, valued at $1,875,910.62. This trade represents a 10.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William Monteleone sold 40,000 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $81.30, for a total transaction of $3,252,000.00. Following the transaction, the chief executive officer owned 457,167 shares of the company’s stock, valued at approximately $37,167,677.10. This trade represents a 8.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Par Pacific

A number of hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP lifted its position in shares of Par Pacific by 93.1% in the second quarter. Engineers Gate Manager LP now owns 111,477 shares of the company’s stock valued at $6,252,000 after acquiring an additional 53,737 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Par Pacific during the second quarter worth approximately $121,000. Nykredit A S acquired a new position in Par Pacific in the 2nd quarter valued at $215,000. Corient Private Wealth LP raised its stake in Par Pacific by 12.8% in the 2nd quarter. Corient Private Wealth LP now owns 5,826 shares of the company’s stock valued at $327,000 after purchasing an additional 663 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Par Pacific in the 2nd quarter valued at $3,017,000. Institutional investors and hedge funds own 92.15% of the company’s stock.

Par Pacific Company Profile

(Get Free Report)

Par Pacific Holdings, Inc (NYSE: PARR) is a diversified downstream energy company engaged in the refining, marketing and logistics of petroleum products. Through its subsidiaries, Par Pacific operates the Par Hawaii Refinery on the island of Oʻahu, which processes crude oil into transportation fuels such as gasoline, diesel and jet fuel, as well as asphalt, petroleum coke and sulfur. In the Rocky Mountain region, the company owns and operates the Salt Lake City Refinery in Utah and associated logistics infrastructure, including pipelines and storage terminals, to support both crude supply and product distribution.