Par Pacific (NYSE:PARR) Trading Down 5.9% – Here’s Why

21 May 2026, 16:33 by Renee Jackson · The Cerbat Gem

Par Pacific Holdings, Inc. (NYSE:PARR – Get Free Report) shares fell 5.9% during mid-day trading on Thursday . The company traded as low as $57.29 and last traded at $57.1880. 453,375 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 1,352,992 shares. The stock had previously closed at $60.80.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PARR. UBS Group increased their target price on Par Pacific from $40.00 to $60.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. raised their price target on Par Pacific from $48.00 to $77.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. The Goldman Sachs Group raised Par Pacific from a “neutral” rating to a “buy” rating and raised their price target for the company from $53.00 to $77.00 in a report on Friday, April 10th. Piper Sandler raised their price target on Par Pacific from $63.00 to $72.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Finally, Wall Street Zen raised Par Pacific from a “buy” rating to a “strong-buy” rating in a report on Sunday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.00.

View Our Latest Research Report on Par Pacific

Par Pacific Price Performance

The stock has a fifty day moving average of $61.16 and a two-hundred day moving average of $47.87. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 6.43 and a beta of 0.91. The company has a current ratio of 1.62, a quick ratio of 0.60 and a debt-to-equity ratio of 0.63.

Par Pacific (NYSE:PARR – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.22). The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.78 billion. Par Pacific had a net margin of 6.02% and a return on equity of 34.38%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.94) earnings per share. As a group, equities research analysts forecast that Par Pacific Holdings, Inc. will post 13.72 earnings per share for the current year.

Insider Buying and Selling

In other Par Pacific news, CEO William Monteleone sold 108,948 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $54.06, for a total value of $5,889,728.88. Following the transaction, the chief executive officer directly owned 457,167 shares in the company, valued at approximately $24,714,448.02. This trade represents a 19.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Par Pacific by 30.9% in the 3rd quarter. Vanguard Group Inc. now owns 5,044,612 shares of the company’s stock valued at $178,680,000 after buying an additional 1,190,088 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Par Pacific by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,774,621 shares of the company’s stock valued at $62,363,000 after buying an additional 7,280 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Par Pacific by 0.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,771,793 shares of the company’s stock valued at $110,985,000 after buying an additional 6,162 shares during the last quarter. American Century Companies Inc. boosted its position in Par Pacific by 42.8% in the 3rd quarter. American Century Companies Inc. now owns 1,522,392 shares of the company’s stock valued at $53,923,000 after buying an additional 456,473 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Par Pacific by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 1,222,100 shares of the company’s stock valued at $42,954,000 after buying an additional 21,254 shares during the last quarter. 92.15% of the stock is currently owned by institutional investors.

About Par Pacific

(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.