Par Pacific Drops 0.64% Despite Q1 Revenue Surge

Par Pacific (PARR) experienced a slight decline of 0.64% today, reaching its highest level since August 2024 with an intraday gain of 2.73%.

The strategy of buying PARR shares after they reach a recent high and holding for 1 week resulted in poor performance over the past five years. The strategy's return was -2.08%, significantly underperforming the benchmark return of 50.09%. The excess return was -52.17%, and the CAGR was -0.87%. The strategy had a maximum drawdown of -70.21%, a Sharpe ratio of -0.02, and a volatility of 45.20%. These figures indicate that the strategy carried significant risk and failed to generate any positive returns, making it an unfeasible investment approach.

UBS analysts recently raised the price target for Par Pacific Holdings stock to $23 from $14.75, while maintaining a Neutral rating. This adjustment reflects the analysts' assessment of the company's current market position and future prospects.

Par Pacific Holdings saw a notable decrease in short interest during May, indicating a shift in market sentiment towards the stock. This reduction in short interest suggests that investors may be becoming more optimistic about the company's outlook.

Recent investments in Par Pacific Holdings include GTS Securities LLC, which invested $276,000 on May 31, 2025, and Brookfield Corp, which invested $1 million on May 8, 2025. These investments signal confidence in the company's potential for growth and profitability.

Par Pacific's financial performance in Q1 2025 was mixed. The company reported revenue of $1.75 billion, surpassing expectations by $270 million. However, the Non-GAAP EPS of -$0.94 missed estimates by $0.15, indicating challenges in cost management and operational efficiency.