Today, the CEO of Par Pacific Holdings (PARR), William Pate, sold shares of PARR for $609.7K.
Following William Pate’s last PARR Sell transaction on May 30, 2017, the stock climbed by 4.9%. This is Pate’s first Sell trade following 3 Buy transactions.
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Based on Par Pacific Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.41 billion and quarterly net profit of $28.17 million. In comparison, last year the company earned revenue of $856 million and had a net profit of $15.94 million. PARR’s market cap is $1.08B and the company has a P/E ratio of 11.65. Currently, Par Pacific Holdings has an average volume of 125.5K.
In the last 30 days, insiders have sold $899.4K worth of PARR shares and purchased $761.7K worth of PARR shares. The insider sentiment on Par Pacific Holdings has been positive according to 49 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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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.
