Will Tight Product Inventories Boost PARR's Refining Outlook?
Par Pacific Holdings (PARR) reported strong Q2 results due to favorable refining conditions, with a refining index of $31.34/barrel in July. The company expects tight product inventories to support refining margins. PARR's shares rose 103.8% in six months, trading at a lower EV/EBITDA than industry average. PBF Energy (PBF) and Valero Energy (VLO) are also positioned to benefit from current market conditions.

