Oppenheimer analyst Tim Rezvan maintained a Buy rating on Par Pacific Holdings (PARR) yesterday. The company’s shares closed yesterday at $19.66.
According to TipRanks.com, Rezvan is a 2-star analyst with an average return of 0.6% and a 49.2% success rate. Rezvan covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Gulfport Energy Corp, and Occidental Petroleum.
Currently, the analyst consensus on Par Pacific Holdings is a Moderate Buy with an average price target of $25.
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Based on Par Pacific Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $13.69 million. In comparison, last year the company had a net profit of $14.99 million.
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Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. It operates through the following three segments: Refining, Retail and Logistics. The Refining segment involves the production of sulfur diesel, gasoline, jet fuel, marine fuel, and other associated refined products.
