Par Pacific Holdings (PARR) Stock Falls on Q4 2025 Earnings

Par Pacific Holdings Inc. ($PARR) reported fourth-quarter 2025 results. Key highlights:

Revenue of $1.81 billion (down 1.04% year-over-year), beating the consensus estimate of $1.76 billion.

Gross profit of $310.0 million, up +2105.29% year-over-year.

Operating profit of $99.3 million, down -311.37% year-over-year.

Net income attributable to common shareholders of $77.7 million, down -239.51% year-over-year.

Diluted earnings per share of $1.53, below the estimate of $1.30 and down -256.12% year-over-year.

Balance sheet and cash flow items to note:

Cash from operating activities of $219.4 million, down -1518.32% year-over-year.

Purchases of property, plant and equipment (capex) of $32.3 million, down -136.71% year-over-year.

Cash and cash equivalents of $159.1 million, down -17.12% year-over-year.

Cost of sales of $1.50 billion, down -17.32% year-over-year.

Total liabilities of $2.68 billion, up +1.61% year-over-year.

Market reaction: the stock moved -9.82% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Par Pacific Holdings Inc. Insider Trading Activity

Par Pacific Holdings Inc. insiders have traded $PARR stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $PARR stock by insiders over the last 6 months:

RICHARD CREAMER (EVP - Refining and Logistics) sold 15,848 shares for an estimated $653,254
SHAWN DAVID FLORES (See Remarks) sold 8,062 shares for an estimated $278,139
IVAN DANIEL GUERRA (Chief Accounting Officer) sold 5,500 shares for an estimated $193,105
JEFFREY RYAN HOLLIS (See Remarks) sold 5,228 shares for an estimated $180,627
TIMOTHY CLOSSEY sold 2,000 shares for an estimated $66,740

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Par Pacific Holdings Inc. Hedge Fund Activity

We have seen 170 institutional investors add shares of Par Pacific Holdings Inc. stock to their portfolio, and 148 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHAI TRUST CO LLC removed 1,116,143 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $39,533,785
MEREWETHER INVESTMENT MANAGEMENT, LP added 734,400 shares (+inf%) to their portfolio in Q4 2025, for an estimated $25,806,816
SG AMERICAS SECURITIES, LLC added 556,780 shares (+7787.1%) to their portfolio in Q4 2025, for an estimated $19,565,249
AVENTAIL CAPITAL GROUP, LP removed 479,272 shares (-82.9%) from their portfolio in Q4 2025, for an estimated $16,841,618
QUBE RESEARCH & TECHNOLOGIES LTD added 455,742 shares (+332.5%) to their portfolio in Q4 2025, for an estimated $16,014,773
TWO SIGMA INVESTMENTS, LP added 382,521 shares (+335.2%) to their portfolio in Q4 2025, for an estimated $13,441,787
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 350,375 shares (-77.3%) from their portfolio in Q4 2025, for an estimated $12,312,177

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Par Pacific Holdings Inc. Government Contracts

We have seen $167,695,762 of award payments to $PARR over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

8511373480!TURBINE FUEL,AVIATION: $17,416,758
8511444427!TURBINE FUEL,AVIATION: $9,831,066
8511653838!TURBINE FUEL,AVIATION: $9,828,352
8511233369!TURBINE FUEL,AVIATION: $9,375,912
8511233548!TURBINE FUEL,AVIATION: $9,375,912

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

Par Pacific Holdings Inc. Analyst Ratings

Wall Street analysts have issued reports on $PARR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Piper Sandler issued a "Overweight" rating on 11/14/2025
Raymond James issued a "Outperform" rating on 10/17/2025

To track analyst ratings and price targets for Par Pacific Holdings Inc., check out Quiver Quantitative's $PARR forecast page.

Par Pacific Holdings Inc. Price Targets

Multiple analysts have issued price targets for $PARR recently. We have seen 6 analysts offer price targets for $PARR in the last 6 months, with a median target of $47.0.

Here are some recent targets:

Ryan Todd from Piper Sandler set a target price of $57.0 on 01/12/2026
Nitin Kumar from Mizuho set a target price of $49.0 on 12/12/2025
Manav Gupta from UBS set a target price of $40.0 on 11/05/2025
Neil Mehta from Goldman Sachs set a target price of $40.0 on 10/22/2025
Justin Jenkins from Raymond James set a target price of $45.0 on 10/17/2025