Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Par Pacific Holdings Inc before investing.

In this article, we go over a few key elements for understanding Par Pacific Holdings Inc’s stock price such as:

• Par Pacific Holdings Inc’s current stock price and volume
• Why Par Pacific Holdings Inc’s stock price changed recently
• Upgrades and downgrades for PARR from analysts
• PARR’s stock price momentum as measured by its relative strength

About Par Pacific Holdings Inc (PARR)

Before we jump into Par Pacific Holdings Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Par Pacific Holdings, Inc. is an energy company, which provides both renewable and conventional fuels to the western United States. It owns and operates 125,000 barrels per day of combined refining capacity across three locations and an energy infrastructure network, including 7.6 million barrels of storage, and marine, rail, rack and pipeline assets. The Company has three segments. Refining segment owns and operates four refineries with total operating crude oil throughput capacity of 219 thousand barrels per day (Mbpd). Retail segment operates fuel retail outlets in Hawaii, Washington and Idaho. It operates convenience stores and fuel retail sites under Hele and nomnom brands, 76 branded fuel retail sites and other sites operated by third parties that sell gasoline, diesel, and retail merchandise, such as soft drinks, prepared foods, and other sundries. Logistics segment operates a multi-modal logistics network spanning the Pacific, the Northwest, and the Rocky Mountain regions.

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Par Pacific Holdings Inc’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, Par Pacific Holdings Inc’s stock price was $18.69.

Par Pacific Holdings Inc is down 5.89% from its previous closing price of $19.86.

During the last market session, Par Pacific Holdings Inc’s stock traded between $19.74 and $20.76. Currently, there are 57.24 million shares of Par Pacific Holdings Inc stock available for purchase.

Par Pacific Holdings Inc’s price-earnings (P/E) ratio is currently at 3.5, which is low compared to the Oil & Gas - Refining and Marketing industry median of 9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Par Pacific Holdings Inc Stock Price History

Par Pacific Holdings Inc’s (PARR) price is currently down 16.71% so far this month.

During the month of September, Par Pacific Holdings Inc’s stock price has reached a high of $22.04 and a low of $18.69.

Over the last year, Par Pacific Holdings Inc has hit prices as high as $40.70 and as low as $19.74. Year to date, Par Pacific Holdings Inc’s stock is down 19.61%.

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What Caused Par Pacific Holdings Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 06, 2024, there were 5 analysts who downgraded Par Pacific Holdings Inc’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Par Pacific Holdings Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Par Pacific Holdings Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Par Pacific Holdings Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Par Pacific Holdings Inc (PARR) by visiting AAII Stock Evaluator.

Relative Price Strength of Par Pacific Holdings Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 06, 2024, Par Pacific Holdings Inc has a weighted four-quarter relative price strength of -18.04%, which translates to a Momentum Score of 19 and is considered to be Very Weak.

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Par Pacific Holdings Inc Stock Price: Bottom Line

As of September 9, 2024, Par Pacific Holdings Inc’s stock price is $18.69, which is down 5.89% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Par Pacific Holdings Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.