Par Pacific: Island Refiner Stands to Win as Global Tightness Lifts Margins
Par Pacific (PARR) is a small-cap refiner with island-centric logistics that benefit disproportionately from tight global fuel markets. Low leverage, robust free cash flow and deeply depressed multiples versus cyclical upside make a measured long here attractive. Trade plan: enter at $77.78, stop $70.00, target $100.00 over a long-term (180 trading…