How to Buy Par Pacific Holdings Stock
Par Pacific Holdings Inc
Par Pacific Holdings is a oil & gas refining & marketing company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker PARR on the NYSE exchange.
Par Pacific Holdings stock last closed at $31.01, up 1.71% from the previous day, and has increased 37.76% in one year. It has overperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.13 percentage points. Par Pacific Holdings stock is currently +52.76% from its 52-week low of $20.30, and -23.8% from its 52-week high of $40.70.
At the moment, there are 59.58M shares of PARR outstanding. The market cap of PARR is $1.85B. In the past 24 hours, 656,837 PARR shares were traded.
How to Buy Par Pacific Holdings Stock
Wondering how to invest in Par Pacific Holdings stock? Here's how.
- Choose where to buy Par Pacific Holdings stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Par Pacific Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your payment method and add your details.
- Research Par Pacific Holdings stock: The Par Pacific Holdings ticker symbol is PARR. Is Par Pacific Holdings stock a good investment? Should you buy shares of PARR? How do PARR's underlying business fundamentals look? Do top analysts think Par Pacific Holdings is a good buy? Why has PARR's stock price moved recently? (Hint: Our stock market research website can help you figure out if PARR is a good stock to buy).
- Execute your PARR buy order: Decide if you will purchase PARR shares at the current market price or use a limit order to purchase PARR shares at a given price.
- Keep tabs on your PARR position: Create a watchlist to get live updates on your new investment in Par Pacific Holdings stock.
Step 1: Choose where to buy Par Pacific Holdings stock
You need a brokerage account in order to access the NYSE market and buy PARR shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can buy PARR stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on the best stock market app, you need to deposit funds:
Check out the video below to see the process of transferring money into your investment account.
Step 4: Research Par Pacific Holdings stock
Once you have chosen the best place to buy Par Pacific Holdings stock, it's important to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Par Pacific Holdings Numbers
Fundamentals of PARR
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
You can see all of the due diligence checks on PARR's stock page.
How is PARR stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PARR's intrinsic value.
Using relative valuations metrics:
- PARR may be undervalued based on its P/E ratio of 2.55x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 9.57x
- PARR may be undervalued based on its P/B ratio of 1.38x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.14x
- PARR could be undervalued based on its PEG ratio of 0.05x
You can access more valuation analysis on PARR's stock here.
PARR Financial Health Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the PARR balance sheet.
- PARR profit margin has gone up from 5% to 8.9% in the past year.
- PARR earnings of $685.76M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the PARR balance sheet.
- PARR's operating cash flow of $579.16M allows it to safely service it's debt of $1.61B.
Failed Health Checks:
- Total PARR debt is higher than 5 years ago, relative to shareholder equity.
- PARR has a relatively high debt to equity ratio of 1.89.
Do Wall Street analysts think it's a good time to buy PARR stock
Out of 2 Equities analysts who monitor PARR, the consensus analyst rating on PARR is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Par Pacific Holdings stock forecast page.
PARR Momentum
How are PARR Revenues/Earnings doing?
Last year, PARR earnings were $728.64M. In the last five year, PARR's earnings have grown by 70.2% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 17.47%.
Last year, PARR revenue was $8.23B. In the last five year, PARR's revenue has grown by 19.27% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 6.37%.
Dig into PARR's earnings and revenue performance here.
What are PARR executives and large shareholders up to?
Over the past year, executives and large shareholders at PARR have bought more shares than they have sold.
Richard Creamer, EVP - Refining and Logistics of PARR, was the latest PARR insider to sell. They sold $33,953.16 worth of PARR stock on Apr 25, 2024.
Learn more about who owns PARR stock here.
Does PARR stock generate passive income?
No, Par Pacific Holdings doesn't provide an income stream by paying out dividends.
PARR Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your PARR buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you require additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your PARR position
Now that you own some PARR stock, you'll want to keep up with your new shares.
Put PARR on a watchlist to monitor your PARR stock.
PARR Feed
How to Buy Stock in Par Pacific Holdings
To summarize, here are the 6 steps to buy stock in Par Pacific Holdings:
- Choose where to buy Par Pacific Holdings stock
- Create a brokerage account
- Put funds into your investment account
- Research Par Pacific Holdings stock
- Execute your PARR buy order
- Keep tabs on your PARR position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Par Pacific Holdings, create your watchlist below.
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