Par Pacific Hits New 52-Week High, Analysts Weigh In

Refiner Par Pacific sees stock price surge, but analysts have mixed views on whether it's still a buy.

Published on Mar. 4, 2026

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Par Pacific Holdings, Inc. (NYSE:PARR) saw its stock price hit a new 52-week high of $48.50 during trading on Wednesday. The company, which operates refineries in Hawaii and Utah, has seen its shares rise amid increased demand for its petroleum products. However, Wall Street analysts have a mixed outlook, with some upgrading the stock to a 'buy' rating while others have downgraded it to 'hold'.

Why it matters

Par Pacific's stock performance is closely watched as it provides insight into the health of the refining industry and consumer demand for gasoline, diesel, and other fuels. The company's operations in Hawaii and the Rocky Mountain region also make it an important player in regional energy markets.

The details

Par Pacific reported mixed financial results in its latest quarter, with earnings per share missing analyst estimates. The company has a current ratio of 1.61, a quick ratio of 0.49, and a debt-to-equity ratio of 0.54. Par Pacific's market capitalization is $2.42 billion, with a P/E ratio of 6.77 and a beta of 1.17.

  • Par Pacific's stock hit a new 52-week high of $48.50 on Wednesday, March 4, 2026.
  • The company reported its latest quarterly earnings on Tuesday, February 24, 2026.

The players

Par Pacific Holdings, Inc.

A diversified downstream energy company engaged in the refining, marketing, and logistics of petroleum products, operating refineries in Hawaii and Utah.

Tudor Pickering

An investment bank that recently upgraded Par Pacific's rating from 'hold' to 'buy'.

Zacks Research

An investment research firm that recently downgraded Par Pacific's rating from 'strong-buy' to 'hold'.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

Par Pacific's stock surge highlights the volatility and uncertainty in the refining industry, as analysts have differing views on the company's prospects. Investors will be closely watching the company's future financial performance and strategic decisions to gauge the long-term outlook for this regional energy player.