Comparing the current results to its competitors, Par Pacific Holdings Inc reported Revenue increase in the 1 quarter 2026 by 4.51 % year on year. The revenue growth was below Par Pacific Holdings Inc 's competitors' average revenue growth of 5.17 %, achieved in the same quarter.
Par Pacific Holdings Inc 's Comment on Competition and Industry Peers
All facets of the energy industry are highly competitive. Our competitors include
major integrated, national and independent energy companies. Many of these competitors
have greater financial and technical resources and staff which may allow them
to better withstand and react to changing and adverse market conditions.
Our refining business sources and obtains all of our crude oil from third-party
sources and competes globally for crude oil and feedstocks.
Our refined product sales from our Hawaii refinery, outside the Hawaii market,
typically target the Eastern Asia and U.S. West Coast markets. Our Wyoming refinery
primarily sells refined products locally in the PADD IV region.
Competitive factors that affect our retail performance include product price,
station appearance, location, customer service and brand awareness. Our competitors
include the Chevron, Shell, Texaco, Costco, Safeway and Sams Club national
brands, a regional brand Aloha and other local retailers.
Overall company revenue, grew less, than total company revenues, at 4.51 % and company approximately market share, declined to 0.54 %. << More on PARR Market Share.
*Market share is calculated based on total revenue.
May 6, 2024
Par Pacific Holdings Excels in First Quarter 2024 Results, Outperforming Competitors in Revenue and Profitability Houston, May 06, 2024 - Par Pacific Holdings, Inc. (NYSE: PARR) announced its impressive financial results for the quarter ended March 31, 2024. The company reported a significant increase in revenue compared to its industry competitors. Additionally, Par Pacific Holdings outperformed its competitors in terms of profitability, showcasing its strong position in the market.According to the press release, Par Pacific Holdings reported a revenue increase of 20.71% year on year in the fourth quarter of 2023, while most of its competitors experienced a contraction in revenues by -13.03% during the same...
March 28, 2024
Par Pacific Holdings Inc (NYSE: PARR) has recently made an encouraging announcement regarding the anticipated repricing and allocation of its existing term loan credit agreement due 2030, known as the Term Loan Facility. The company aims to significantly reduce the Applicable Margin under the loan facility, resulting in a more favorable interest rate structure. Alongside this news, a comparison of Par Pacific’s financial performance with its competitors reveals impressive revenue growth, higher profitability, and remarkable net income growth.Repricing of the Term Loan Facility:Par Pacific Holdings Inc is expected to execute a repricing amendment for its Term Loan Facility, subject to definitive documentati...
Primeenergy Resources Corporation is a Texas-based independent oil and gas exploration and production company with a focus on acquiring, developing, and producing oil and natural gas reserves. They aim to maximize value for their shareholders by efficiently and strategically managing their assets and operations in various oil and gas producing regions.
Trillion Energy International Inc Share Performance
0.00%
One Year
Trillion Energy International Inc
Profile
Trillion Energy International Inc operates as an oil and gas production company that focuses on identifying, acquiring, and developing assets around the world. The company primarily focuses on exploring and producing natural gas in Eastern Europe. Trillion Energy's business model revolves around actively participating in the exploration, development, and production stages of the oil and gas lifecycle to generate revenue and maximize shareholder value.
Phx Minerals Inc operates as a mineral acquisition company, focusing primarily on the acquisition and management of oil and gas mineral interests. The company aims to build a diverse portfolio of mineral assets through its skilled team of professionals who identify and evaluate potential acquisitions. Phx Minerals Inc generates revenue by leasing its mineral interests to exploration and production companies, receiving royalties and rental payments.
Pedevco Corp operates as an oil and gas exploration and production company, focused on the acquisition, development, and production of oil and natural gas resources. The company generates revenue through the exploration and subsequent extraction of oil and gas reserves from its owned or leased properties.
Pbf Energy Inc operates as an independent petroleum refiner and supplier, specializing in producing a variety of refined petroleum products. Their business model revolves around acquiring, operating, and improving complex refineries to efficiently process crude oil into various high-value products for distribution and sale in the United States and internationally.
Sources:
Par Pacific Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Par Pacific Holdings Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
