Par Pacific Holdings, Inc. (PARR) shares rose 5.8% to $61.39 in the last trading session, driven by increased trading volume and a broader rally in U.S. refiners. Over the past four weeks, the stock has gained 37.1%. This surge coincided with WTI crude prices approaching $100 per barrel due to heightened geopolitical tensions, notably President Trump’s imminent threat concerning Iran, which has positively impacted refining-margin expectations for the company.
Par Pacific is expected to report quarterly earnings of $0.74 per share, marking a year-over-year increase of 178.7%, with anticipated revenues of $1.69 billion, down 3% from the prior year. The company’s stock has skyrocketed over 300% in the past year due to solid earnings recovery prospects and approximately $900 million in liquidity.
In comparison, fellow industry member Valvoline (VVV) saw a minor decline of 0.2%, closing at $32.74. Vaelvoline’s consensus EPS estimate remains at $0.35, reflecting a 2.9% increase from last year. Both companies currently hold a Zacks Rank of #3 (Hold).
