Added to YB: 2024-06-25
Pitch date: 2024-06-25
PARR [bullish]
Par Pacific Holdings, Inc.
+65.5%
current return
Author Info
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Company Info
Par Pacific Holdings, Inc. operates as an energy company in the United States. The company operates through three segments: Refining, Retail, and Logistics.
Market Cap
$707.3M
Pitch Price
$24.55
Price Target
27.50 (-32%)
Dividend
N/A
EV/EBITDA
6.58
P/E
-21.90
EV/Sales
0.26
Sector
Oil, Gas and Consumable Fuels
Category
value
Par Pacific Holdings: Capital Returns and Undervalued Assets
PARR: Energy co w/ refining in uncompetitive regions (Hawaii, Montana) & owns gas stations. $60M EBITDA from retail, worth ~$720M at 12x. $34.2M buyback Q1, $70M YTD. CEO retired at $40 peak. Now $24.30, target $27.50. Undervalued logistics/retail assets. Long 3,600 shares, adding <$24.50.
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