Par Pacific Holdings Inc (PARR) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 02, 2020
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Par Pacific Holdings Inc (PARR, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Par Pacific Holdings Inc is an oil refining and marketing company. It owns and operates refineries with related logistics and retail networks. It also transports, markets and distributes crude oil. Par Pacific Holdings Inc has a market cap of $854.240 million; its shares were traded at around $16.69 with a P/E ratio of 22.86 and P/S ratio of 0.17. GuruFocus has detected 1 severe warning sign with Par Pacific Holdings Inc. .

For the last quarter Par Pacific Holdings Inc reported a revenue of $1.4 billion, compared with the revenue of $879.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $5.4 billion, an increase of 58.4% from last year. For the complete 30-year financial data, please go here.. For the last five years Par Pacific Holdings Inc had an average revenue growth rate of 13.8% a year.

The reported diluted earnings per share was 80 cents for the year, a decline of 5.9% from the previous year. The Par Pacific Holdings Inc had an operating margin of 2.83%, compared with the operating margin of 2.7% a year before. The 10-year historical median operating margin of Par Pacific Holdings Inc is -0.81%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Par Pacific Holdings Inc has the cash and cash equivalents of $126.0 million, compared with $75.1 million in the previous year. The company had no long term debt, compared with $398.7 million in the previous year. The interest coverage to the debt is 1.4, which is not a favorable level. Par Pacific Holdings Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $16.69, Par Pacific Holdings Inc is traded at 47.5% discount to its historical median P/S valuation band of $31.82. The P/S ratio of the stock is 0.17, while the historical median P/S ratio is 0.32. The stock lost 1.83% during the past 12 months.

For the complete 20-year historical financial data of PARR, click here.