Par Pacific Holdings Inc. (PARR) Soars 5.47%

Par Pacific Holdings Inc. (PARR) had a good day on the market for Tuesday November 05 as shares jumped 5.47% to close at $24.89. About 553,172 shares traded hands on 5,993 trades for the day, compared with an average daily volume of n/a shares out of a total float of 51.01 million. After opening the trading day at $23.61, shares of Par Pacific Holdings Inc. stayed within a range of $25.27 to $23.54.

With today’s gains, Par Pacific Holdings Inc. now has a market cap of $1.27 billion. Shares of Par Pacific Holdings Inc. have been trading within a range of $24.00 and $13.68 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.

Par Pacific Holdings Inc. is based out of Houston, TX and has some 1,285 employees. Its CEO is William C. Pate.

Par Pacific Holdings Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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