Par Pacific (NYSE:PARR) Hits New 52-Week High – Here’s Why

Posted by Francis Steltz on May 6th, 2026

Par Pacific Holdings, Inc. (NYSE:PARR – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.39 and last traded at $69.4410, with a volume of 1484362 shares. The stock had previously closed at $67.36.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PARR. Weiss Ratings reiterated a “hold (c+)” rating on shares of Par Pacific in a research note on Friday, March 27th. Raymond James Financial raised their price objective on shares of Par Pacific from $50.00 to $77.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 25th. Mizuho boosted their price objective on Par Pacific from $49.00 to $58.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Wall Street Zen raised Par Pacific from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Finally, Zacks Research upgraded Par Pacific from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

View Our Latest Analysis on Par Pacific

Par Pacific Stock Up 3.1%

The stock has a 50-day moving average of $57.45 and a 200-day moving average of $46.06. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.61 and a quick ratio of 0.49. The firm has a market cap of $3.44 billion, a price-to-earnings ratio of 9.53 and a beta of 0.91.

Par Pacific (NYSE:PARR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.22). The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.78 billion. Par Pacific had a net margin of 4.95% and a return on equity of 30.19%. Par Pacific’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.94) earnings per share. Sell-side analysts predict that Par Pacific Holdings, Inc. will post 14.19 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO William Monteleone sold 108,948 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 457,167 shares of the company’s stock, valued at $24,714,448.02. The trade was a 19.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Par Pacific

Several hedge funds have recently bought and sold shares of PARR. Federated Hermes Inc. acquired a new position in shares of Par Pacific in the 3rd quarter valued at approximately $44,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Par Pacific during the 3rd quarter worth approximately $48,000. Nisa Investment Advisors LLC boosted its position in shares of Par Pacific by 16.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,855 shares of the company’s stock worth $66,000 after acquiring an additional 259 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in Par Pacific by 385.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,962 shares of the company’s stock valued at $69,000 after acquiring an additional 1,558 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position in Par Pacific by 81.1% during the second quarter. Smartleaf Asset Management LLC now owns 2,340 shares of the company’s stock valued at $62,000 after purchasing an additional 1,048 shares in the last quarter. 92.15% of the stock is 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.

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