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Par Pacific Holdings Forms Joint Venture for Renewable Fuels

Story Highlights
  • Par Pacific Holdings closed a joint venture with Alohi Renewable Energy LLC.
  • The venture will create Hawaii’s largest renewable fuels facility, producing 61 million gallons annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Par Pacific Holdings Forms Joint Venture for Renewable Fuels

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Par Pacific Holdings ( (PARR) ) has provided an update.

On October 21, 2025, Par Pacific Holdings announced the closing of a joint venture with Alohi Renewable Energy LLC to develop a renewable fuels manufacturing facility in Kapolei, Hawaii. This joint venture, in which Mitsubishi Corporation and ENEOS Corporation acquired a 36.5% equity stake, aims to produce renewable diesel, sustainable aviation fuel, renewable naphtha, and low carbon liquified petroleum gases, with the facility expected to be the state’s largest, producing approximately 61 million gallons per year.

The most recent analyst rating on (PARR) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Par Pacific Holdings stock, see the PARR Stock Forecast page.

Spark’s Take on PARR Stock

According to Spark, TipRanks’ AI Analyst, PARR is a Neutral.

Par Pacific Holdings’ overall stock score reflects a challenging financial performance with declining revenue and cash flow issues. The technical analysis shows mixed signals, with some positive trends. Valuation metrics are concerning due to a negative P/E ratio. However, the earnings call provided a positive outlook with strategic initiatives and strong operational performance, which partially offsets the financial and valuation concerns.

To see Spark’s full report on PARR stock, click here.

More about Par Pacific Holdings

Par Pacific Holdings, Inc., headquartered in Houston, Texas, is a growing energy company that provides both renewable and conventional fuels to the western United States. The company owns and operates a combined refining capacity of 219,000 barrels per day across four locations in Hawaii, the Pacific Northwest, and the Rockies. Par Pacific also manages an extensive energy infrastructure network, including storage, marine, rail, rack, and pipeline assets, and operates the Hele retail brand in Hawaii and the ‘nomnom’ convenience store chain in the Pacific Northwest. Additionally, Par Pacific holds a 46% stake in Laramie Energy, LLC, a natural gas production company in Western Colorado.

Average Trading Volume: 1,410,496

Technical Sentiment Signal: Buy

Current Market Cap: $1.82B

Find detailed analytics on PARR stock on TipRanks’ Stock Analysis page.

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