Par Pacific (NYSE:PARR) Stock Price Down 7.8% – Should You Sell?

Par Pacific Holdings, Inc. (NYSE:PARR) was down 7.8% on Wednesday . The stock traded as low as $75.62 and last traded at $76.52. 378,468 shares were traded during trading, a decline of 69% from the average session volume of 1,212,251 shares. The stock had previously closed at $83.00.

Trending Headlines about Par Pacific

Here are the key news stories impacting Par Pacific this week:

• Positive Sentiment: Par Pacific reported adjusted EPS of $10.10, exceeding the $8.22 consensus estimate, while revenue rose 56.8% year over year to $2.97 billion. Net income attributable to shareholders increased to $462.1 million from $59.5 million, and adjusted EBITDA climbed to $571.3 million from $137.8 million. PARR Q2 Earnings Beat Estimates on Refining Margin Strength
• Positive Sentiment: The refining segment was the key catalyst: operating income surged to $629.9 million from $81.3 million, supported by substantially higher margins across Hawaii, Montana, Washington and Wyoming. The Hawaii turnaround is also substantially complete, returning most processing units to service and positioning the company to benefit from favorable refining conditions. Par Pacific earnings surge on strong refining margins amid turnaround
• Positive Sentiment: Par Pacific completed a $500 million senior unsecured notes offering and reduced term debt by more than $130 million. It ended the quarter with approximately $1.4 billion of total liquidity, strengthening financial flexibility. Par Pacific Holdings Reports Second Quarter 2026 Results
• Neutral Sentiment: Several Zacks articles highlighted PARR as a value candidate based on attractive EV-to-EBITDA and broader earnings trends, but these articles did not announce a new estimate or corporate catalyst. Tap These 5 Bargain Stocks With Attractive EV-to-EBITDA Ratios
• Negative Sentiment: Throughput declined modestly, Hawaii production costs increased to $6.43 per barrel from $4.18, and retail operating income fell to $14.6 million from $20.8 million. Logistics income also edged lower, underscoring that gains were concentrated in refining.
• Negative Sentiment: UBS maintained a Hold rating, while reported insider activity showed nine sales and no purchases over the past six months. These signals may reinforce investor concerns about valuation and the sustainability of unusually strong refining margins. UBS Remains a Hold on Par Pacific Holdings

Analysts Set New Price Targets

PARR has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on shares of Par Pacific from $48.00 to $77.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Zacks Research upgraded shares of Par Pacific from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 7th. The Goldman Sachs Group boosted their price target on Par Pacific from $77.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Evercore upgraded Par Pacific to an “outperform” rating in a research note on Wednesday, May 27th. Finally, Benchmark reaffirmed a “buy” rating on shares of Par Pacific in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.57.

Par Pacific Price Performance

The firm’s fifty day simple moving average is $64.07 and its 200-day simple moving average is $56.69. The firm has a market capitalization of $3.68 billion, a PE ratio of 8.19 and a beta of 0.78. The company has a quick ratio of 0.60, a current ratio of 1.62 and a debt-to-equity ratio of 0.63.

Par Pacific (NYSE:PARR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $10.10 EPS for the quarter, beating analysts’ consensus estimates of $8.22 by $1.88. Par Pacific had a net margin of 6.02% and a return on equity of 34.38%. The firm had revenue of $2.97 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the company posted $1.54 earnings per share. The business’s revenue for the quarter was up 56.8% on a year-over-year basis. On average, research analysts forecast that Par Pacific Holdings, Inc. will post 18.6 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Par Pacific

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PARR. Encompass Capital Advisors LLC purchased a new stake in Par Pacific during the 1st quarter valued at $28,839,000. Wells Fargo & Company MN raised its stake in shares of Par Pacific by 810.8% in the fourth quarter. Wells Fargo & Company MN now owns 359,834 shares of the company’s stock worth $12,645,000 after purchasing an additional 320,326 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Par Pacific by 22.1% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,756,161 shares of the company’s stock worth $62,203,000 after purchasing an additional 317,484 shares during the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of Par Pacific in the fourth quarter worth $9,576,000. Finally, Pacer Advisors Inc. bought a new position in shares of Par Pacific during the first quarter valued at $16,277,000. 92.15% of the stock is owned by institutional investors.

Par Pacific Company Profile

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.

In marketing its refined products, Par Pacific maintains a network of branded and unbranded wholesale accounts across Hawaii and the U.S.