par pacific holdings, inc., headquartered in houston, texas, owns, manages and maintains interests in energy and infrastructure businesses. par pacific’s strategy is to identify, acquire and operate energy and infrastructure companies with attractive competitive positions. par pacific owns and operates one of the largest energy infrastructure networks in hawaii with a 94,000-bpd refinery, a logistics network supplying the major islands of the state and 90 retail locations. in wyoming, par pacific owns a refinery and associated logistics network in a niche market. par pacific also owns 42.3% of laramie energy, llc which has natural gas operations and assets concentrated in the piceance basin in western colorado. our common stock is publicly traded in the nyse american under the trading symbol “parr”.
![Par Pacific logo](/files/LOGO/821483-PARR.png)
Company profile
Ticker
PARR
Exchange
Website
CEO
William Pate
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DELTA PETROLEUM CORP/CO, PAR PETROLEUM CORP/CO
SEC CIK
Corporate docs
Subsidiaries
Hermes Consolidated, LLC • Par Hawaii, LLC • Par Hawaii Refining, LLC • Par Hawaii Shared Services, LLC • Par Pacific Hawaii Property Company, LLC • Par Petroleum Finance Corp. • Par Petroleum, LLC • Par Piceance Energy Equity LLC • Par Tacoma, LLC • U.S. Oil and Refining Co. ...
IRS number
841060803
PARR stock data
Latest filings (excl ownership)
8-K
Par Pacific Announces New Intermediation Financing Agreement and Confirms Increase in ABL Commitments to up to $1.4 billion
5 Jun 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Par Pacific Holdings Reports First Quarter 2024 Results
6 May 24
8-K
Submission of Matters to a Vote of Security Holders
2 May 24
8-K
Entry into a Material Definitive Agreement
9 Apr 24
8-K
Entry into a Material Definitive Agreement
27 Mar 24
ARS
2023 FY
Annual report to shareholders
18 Mar 24
DEFA14A
Additional proxy soliciting materials
18 Mar 24
DEF 14A
Definitive proxy
18 Mar 24
PRE 14A
Preliminary proxy
8 Mar 24
Transcripts
PARR
Earnings call transcript
2024 Q1
7 May 24
PARR
Earnings call transcript
2023 Q4
28 Feb 24
PARR
Earnings call transcript
2023 Q3
7 Nov 23
PARR
Earnings call transcript
2023 Q2
8 Aug 23
PARR
Earnings call transcript
2023 Q2
8 Aug 23
PARR
Earnings call transcript
2023 Q1
4 May 23
PARR
Earnings call transcript
2022 Q4
23 Feb 23
PARR
Earnings call transcript
2022 Q3
2 Nov 22
PARR
Earnings call transcript
2022 Q2
12 Aug 22
PARR
Earnings call transcript
2022 Q1
7 May 22
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 228.64 mm | 228.64 mm | 228.64 mm | 228.64 mm | 228.64 mm | 228.64 mm |
Cash burn (monthly) | 16.94 mm | 36.39 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 65.49 mm | 140.71 mm | n/a | n/a | n/a | n/a |
Cash remaining | 163.15 mm | 87.93 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 9.6 | 2.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
11.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 95 |
Opened positions | 25 |
Closed positions | 110 |
Increased positions | 31 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 182.16 bn |
Total shares | 6.75 mm |
Total puts | 43.90 k |
Total calls | 104.60 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Cetus Capital VI | 1.32 mm | $21.83 mm |
Chai Trust | 1.12 mm | $41.36 bn |
HNNA Hennessy Advisors | 853.00 k | $31.61 bn |
BK Bank Of New York Mellon | 513.83 k | $19.04 bn |
Thomist Capital Management | 372.87 k | $13.82 bn |
PFG Principal Financial Group Inc - Registered Shares | 309.94 k | $11.49 bn |
Empowered Funds | 222.48 k | $8.25 bn |
Russell Investments | 204.51 k | $7.58 bn |
TD Asset Management | 149.60 k | $5.54 bn |
Swiss National Bank | 113.46 k | $4.20 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jul 24 | Aaron Zell | RSU Common stock | Grant | Acquire A | No | No | 0 | 1,015 | 0.00 | 1,015 |
5 Jul 24 | Patricia Martinez | Common stock | Grant | Acquire A | No | No | 24.62 | 1,015 | 24.99 k | 4,062 |
5 Jul 24 | William Pate | Common stock | Grant | Acquire A | No | No | 24.62 | 1,015 | 24.99 k | 519,074 |
5 Jul 24 | Yeaman Eric K | Common stock | Grant | Acquire A | No | No | 24.62 | 1,015 | 24.99 k | 1,015 |
5 Jul 24 | Hatcher Katherine | Common stock | Grant | Acquire A | No | No | 24.62 | 1,015 | 24.99 k | 32,616 |
News
Mizuho Initiates Coverage On Par Pacific Hldgs with Outperform Rating, Announces Price Target of $33
17 Jul 24
The Latest Analyst Ratings For Par Pacific Hldgs
14 Jun 24
Piper Sandler Maintains Overweight on Par Pacific Hldgs, Lowers Price Target to $37
14 Jun 24
Piper Sandler Maintains Overweight on Par Pacific Hldgs, Lowers Price Target to $43
14 May 24
TD Cowen Maintains Buy on Par Pacific Hldgs, Lowers Price Target to $42
8 May 24
Press releases
Par Pacific Announces Second Quarter 2024 Earnings Release and Conference Call Schedule
11 Jul 24
Hele Launches Tokyo Trip Giveaway with Hawaiian Airlines
3 Jun 24
Par Pacific Management to Participate in Investor Conferences
7 May 24
Par Pacific Holdings Reports First Quarter 2024 Results
6 May 24
nomnom Launches Summer Sweepstakes to Catch the Colorado Rockies Live in Action
29 Apr 24