Par Pacific Holdings

PARR

Market cap $1.95B

Par Pacific Holdings remains a compelling long-term value, even after a 113% run, due to resilient earnings and aggressive buybacks. PARR's diversified segments—refining, logistics, and retail—provide stability, with logistics and retail showing strong margin and income growth. The Billings refinery acquisition delivered rapid payback; SRE exemptions and Canadian oil discounts further boost near-term margins.

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

PARR benefits from strong refining margins, with management pointing to a supportive Q4 outlook amid favorable supply-demand dynamics.

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.

VLO, PARR and DINO soared over 30% in 2025. Tight supply and strong execution could keep them worth watching into 2026.

HOUSTON, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced its 2026 capital expenditure and turnaround outlay guidance with a range of $190 million to $220 million.     2026 Capital Expenditure and Turnaround Outlay Guidance $ in millions       Turnarounds 1 $50 – 60 Maintenance & Catalyst 2 105 – 115 Growth 3 35 – 45 Total Capital Expenditure and Turnaround Outlay $190 – 220     Includes approximately $10 million in Washington refinery planned maintenance.

The combined airlines will take the first deliveries of Hawaiʻi-made SAF in early 2026 Investment enables SAF production for more sustainable future flying, diversifies Hawaii's fuels industry, strengthens energy independence, and supports agriculture HONOLULU , Dec. 17, 2025 /PRNewswire/ -- Hawaiian Airlines and Alaska Airlines today announced it has joined Par Hawaii to invest in pioneering the development of sustainable aviation fuel (SAF) in Hawaiʻi using locally grown agriculture feedstock to reduce aviation carbon emissions. This initiative will enable SAF production for more sustainable future flying and deliver economic benefits through the creation of a new energy sector and fuel supply chain in Hawai'i, while bringing new opportunities for local agriculture.

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.