PARR surged past XOM over the past year, and with oil prices expected to soften in 2026, its refining-focused model may gain an edge.
PARR trades above industry EV/EBITDA, but soft oil prices, refining strength and recent gains may justify the premium for investors.
After losing some value lately, a hammer chart pattern has been formed for Par Petroleum (PARR), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
PARR's diverse crude sourcing and heavy-oil cost edge fuel its refining strength and standout stock performance.
Par Petroleum (PARR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Soft crude prices could boost PARR's refining margins as lower feedstock costs align with EIA's outlook for continued inventory builds.
Does Par Petroleum (PARR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Par Pacific Holdings (PARR) is rated a Buy, with over 21% upside potential based on strong operational momentum and catalysts into 2026. I see the massive Q3 earnings beat, while boosted by a one-time $203 million regulatory gain, as a sign of underlying strength, but my thesis does not rely on these. PARR's operational leverage to a "distillate-tight world" should be a key growth pillar, as its refineries are running in "max distillate mode" to capture higher margins on diesel and jet.
Here is how Par Petroleum (PARR) and Siemens Energy AG Unsponsored ADR (SMNEY) have performed compared to their sector so far this year.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Par Petroleum (PARR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.