Par Pacific (PARR) to Release Earnings on Wednesday

Par Pacific (NYSE:PARR) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, February 24th. Analysts expect Par Pacific to post earnings of ($1.26) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

NYSE:PARR opened at $16.52 on Monday. Par Pacific has a 1 year low of $5.72 and a 1 year high of $20.28. The firm has a 50 day moving average price of $14.16. The company has a quick ratio of 0.29, a current ratio of 0.86 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $891.72 million, a PE ratio of -3.65 and a beta of 2.51.

A number of research firms have recently issued reports on PARR. The Goldman Sachs Group cut shares of Par Pacific to a “neutral” rating and set a $14.00 target price for the company. in a research note on Wednesday, December 16th. Credit Suisse Group upgraded shares of Par Pacific from an “underperform” rating to a “neutral” rating in a research note on Wednesday, February 17th. Finally, Zacks Investment Research cut shares of Par Pacific from a “hold” rating to a “sell” rating in a research note on Thursday, November 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Par Pacific currently has an average rating of “Hold” and a consensus price target of $14.64.

Par Pacific Company Profile

Par Pacific Holdings, Inc owns, manages, and maintains interests in energy and infrastructure businesses. The company operates in three segments: Refining, Retail, and Logistics. The Refining segment operates four refineries that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, distillate, asphalt, low sulfur fuel oil, and other associated refined products primarily for consumption in Hawaii, Pacific Northwest, Wyoming, and South Dakota.

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Earnings History for Par Pacific (NYSE:PARR)

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