Industry Overview - Oil prices have been trending lower throughout the year but have recently surged nearly 10% due to new US sanctions on Russian oil exports, affecting major buyers like India and China [1][2] - The escalation in oil prices has sparked a rebound in the energy sector, with companies like Par Pacific and Exxon Mobil showing strong price action and healthy cash flows [2] Exxon Mobil - Exxon Mobil is positioned for a major breakout, with a strong technical setup despite not currently experiencing upward earnings estimate revisions [4] - The company has a free cash flow yield of approximately 6.9%, significantly above its 10-year median of 4.8%, allowing it to fund dividends, repurchase shares, and invest in new projects while maintaining a strong balance sheet [5] - The stock price has been consolidating within a broad trading range for over two years, forming a bull flag pattern, and is currently testing the $117 resistance level [6][7] Par Pacific - Par Pacific has experienced a turnaround in sentiment with upward earnings revisions, earning a Zacks Rank 1 (Strong Buy) rating, with analyst estimates increasing by +249% for the next quarter and +113% for the current year [9] - The stock has been coiling within a bullish momentum pattern, and a recent breakout has confirmed the bullish setup that had been developing [10] - Despite the recent surge, Par Pacific remains attractively valued at 10.4x forward earnings, with potential for further upside due to improving fundamentals and favorable industry trends [11] Investment Outlook - The energy sector is showing signs of recovery after nearly two years of sluggish performance, driven by rebounding oil prices, easing financial conditions, and resilient global demand [14] - Exxon Mobil offers a stable investment with strong free cash flow and reliable dividends, while Par Pacific presents higher volatility and return potential, making them complementary options for investors [15]

Core Viewpoint - Par Pacific Holdings has successfully closed a joint venture to construct a renewable fuels facility in Hawaii, marking a significant step in its renewable energy initiatives [1][2]. Company Overview - Par Pacific Holdings, Inc. is headquartered in Houston, Texas, and operates in the energy sector, providing both renewable and conventional fuels to the western United States [3]. - The company has a refining capacity of 219,000 barrels per day across four locations and an extensive energy infrastructure network, including 13 million barrels of storage [3]. - Par Pacific also operates retail brands in Hawaii and the Pacific Northwest and holds a 46% stake in Laramie Energy, LLC, a natural gas production company [3]. Renewable Fuels Facility - The Renewable Fuels Facility is expected to be the largest in Hawaii, with a production capacity of approximately 61 million gallons per year of renewable diesel, sustainable aviation fuel, renewable naphtha, and low carbon liquefied petroleum gases [2]. - The facility is anticipated to be completed by the end of the year [2]. Joint Venture Details - Mitsubishi Corporation and ENEOS Corporation acquired a 36.5% equity stake in Hawaii Renewables for $100 million, while Par Pacific retains the remaining interest [1]. - Par Pacific will complete and operate the Renewable Fuels Facility through its affiliate, Par Hawaii Refining, LLC [1].

Core Insights - The article emphasizes the importance of a proven ranking system that focuses on earnings estimates and revisions to identify winning stocks [1] - Value investing is highlighted as a popular strategy for finding undervalued stocks that offer profit potential [2] - The Zacks Rank and Style Scores system are tools for investors to identify high-quality stocks, particularly in the "Value" category [3] Company Analysis: Par Pacific (PARR) - Par Pacific currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong investment potential [4] - The stock has a P/E ratio of 9.61, which is lower than the industry average of 10.09, suggesting it may be undervalued [4] - PARR's Forward P/E has fluctuated between 5.93 and 33.91 over the past year, with a median of 15.56 [4] - The P/B ratio for PARR is 1.57, which is attractive compared to the industry's average P/B of 1.87 [5] - Over the past 12 months, PARR's P/B has ranged from 0.58 to 1.63, with a median of 0.80 [5] - The P/S ratio for PARR is 0.24, significantly lower than the industry's average P/S of 0.41, indicating strong sales performance relative to its price [6] - These valuation metrics suggest that PARR is likely undervalued, and combined with its earnings outlook, it presents an impressive value opportunity [7]

Core Points - Par Pacific Holdings, Inc. will release its third quarter 2025 results on November 4, 2025, after market close [1] - A conference call for investors is scheduled for November 5, 2025, at 9:00 a.m. Central Time [2] - The company operates a significant energy infrastructure, including 219,000 barrels per day of refining capacity and 13 million barrels of storage [4] Company Overview - Par Pacific is headquartered in Houston, Texas, and provides both renewable and conventional fuels to the western United States [4] - The company operates in Hawaii, the Pacific Northwest, and the Rockies, with a retail brand named Hele in Hawaii and a convenience store chain called "nomnom" in the Pacific Northwest [4] - Par Pacific holds a 46% stake in Laramie Energy, LLC, which focuses on natural gas production in Western Colorado [4]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," rather than traditional strategies of buying low and waiting for recovery [1] Group 1: Momentum Investing Strategy - Momentum investors often face challenges in determining the right entry point, as stocks may lose momentum when their valuations exceed future growth potential [2] - Investing in bargain stocks that exhibit recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify promising stocks [3] Group 2: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown a four-week price change of 1.4%, indicating growing investor interest [4] - Over the past 12 weeks, PARR's stock gained 4.3%, with a beta of 1.74, suggesting it moves 74% more than the market [5] - PARR has a Momentum Score of A, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - PARR has received upward revisions in earnings estimates, earning a Zacks Rank 2 (Buy), which is associated with strong momentum effects [7] - The stock is trading at a Price-to-Sales ratio of 0.22, indicating it is relatively cheap at 22 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to help investors find winning stock picks [9]

Group 1: Core Insights - Earnings per share (EPS) growth is a significant driver of stock performance in the Oil – Energy sector, indicating real strength despite volatility [1] - Par Pacific Holdings, Oceaneering International, and TechnipFMC have shown strong EPS growth, making them attractive investment options [1] Group 2: Par Pacific Holdings - Par Pacific operates an integrated energy platform with a refining capacity of 219,000 barrels per day and over 100 fuel and convenience store locations [2] - The company balances conventional fuel supply with decarbonization initiatives and has a significant interest in natural gas production [3] - Projected earnings for Par Pacific are expected to increase by 516.2% in 2025, with this year's earnings anticipated at $2.28 per share, reflecting a 32% increase from $1.73 in 2019 [3][10] Group 3: Oceaneering International - Oceaneering is a global technology company providing engineered services and advanced robotic solutions across various sectors [4] - The energy sector contributes nearly 75% of Oceaneering's revenues, with a focus on digital and robotics-driven opportunities [5] - Earnings for Oceaneering are forecasted to rise by 57.9% in 2025, reaching $1.80 per share, a significant turnaround from a loss of 83 cents per share in 2019 [6][10] Group 4: TechnipFMC - TechnipFMC is a global provider of subsea and surface technologies, supporting both traditional and emerging energy solutions [7] - The company employs an innovation-led approach, enhancing project economics and reducing carbon intensity through digital tools [8] - Earnings for TechnipFMC are expected to improve by 20% this year to $2.18 per share, with a potential 275% increase from 60 cents in 2019 by 2025 [9][10]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Investors following momentum investing often avoid undervalued stocks, believing that quicker profits can be made from trending stocks [1] - Identifying the right entry point for fast-moving stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Bargain Stocks with Momentum - Investing in bargain stocks that have recently shown price momentum may be a safer strategy [2] - The Zacks Momentum Style Score is useful for identifying strong momentum stocks, while the 'Fast-Paced Momentum at a Bargain' screen helps find attractively priced fast-moving stocks [2] Group 3: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown a price increase of 15.4% over the past four weeks, indicating growing investor interest [3] - PARR has gained 21.5% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [4] - The stock has a beta of 1.82, suggesting it moves 82% more than the market in either direction, indicating fast-paced momentum [4] Group 4: Valuation and Earnings Estimates - PARR has a Momentum Score of A, suggesting it is an opportune time to invest in the stock [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [6] - PARR is trading at a Price-to-Sales ratio of 0.22, indicating it is relatively cheap, as investors pay only 22 cents for each dollar of sales [6] Group 5: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [7] - Zacks offers over 45 Premium Screens tailored to different investing styles, which can help identify potential winning stocks [8]

Company Overview - Par Petroleum (PARR) currently has a Momentum Style Score of B, indicating a positive momentum outlook [3] - The company holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4] Price Performance - Over the past week, PARR shares have increased by 7.55%, outperforming the Zacks Oil and Gas - Refining and Marketing industry, which rose by 5.26% [6] - In the last quarter, PARR shares have surged by 47.79%, and over the past year, they have gained 49.08%, significantly outperforming the S&P 500, which increased by 11.26% and 15.64% respectively [7] Trading Volume - The average 20-day trading volume for PARR is 1,620,277 shares, indicating a healthy trading activity that can be a bullish sign for the stock [8] Earnings Outlook - In the past two months, three earnings estimates for PARR have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.30 to $1.83 [10] - For the next fiscal year, three estimates have also moved upwards, reflecting a positive earnings outlook [10] Conclusion - Given the strong price performance, positive earnings revisions, and favorable momentum indicators, PARR is positioned as a strong buy candidate for investors seeking momentum stocks [12]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Strategy - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify these opportunities [3] Group 2: Par Petroleum (PARR) Analysis - Par Petroleum (PARR) has shown a four-week price change of 1.4%, indicating growing investor interest [4] - Over the past 12 weeks, PARR's stock has gained 47.8%, with a beta of 1.83, suggesting it moves 83% more than the market [5] - PARR has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings Estimates and Valuation - PARR has received a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is currently trading at a Price-to-Sales ratio of 0.22, meaning investors pay 22 cents for each dollar of sales, indicating a reasonable valuation [7] Group 4: Additional Investment Opportunities - Besides PARR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 strategies tailored to outperform the market, providing additional avenues for stock selection [9]

Core Viewpoint - The Zacks Oil and Gas - Refining & Marketing industry is evolving to balance reliable fossil fuel output with investments in cleaner, lower-carbon solutions, driven by government incentives and corporate demand, while U.S. refiners are increasing exports to capture margins and diversify revenue streams [1][3][4]. Industry Overview - The industry includes companies that sell refined petroleum products and non-energy materials, operating terminals, storage facilities, and transportation services. Refining margins are volatile and influenced by various factors including inventory levels, demand, and capacity utilization [2]. Trends Defining the Future - **Growing Role of Low-Carbon Solutions**: Refiners are investing in renewable diesel and sustainable aviation fuel, supported by government incentives and corporate demand, which positions them for long-term relevance in a decarbonizing economy [3]. - **Advantaged Export Opportunities**: U.S. refiners are leveraging strong international demand, particularly from Latin America and Europe, to export refined products, enhancing profitability and providing a hedge against domestic market fluctuations [4]. - **Margin Pressure from Volatile Prices**: The industry faces risks from fluctuating crude oil prices and inflationary cost pressures, which could impact earnings stability and shareholder returns [5]. Industry Outlook - The Zacks Oil and Gas - Refining & Marketing industry holds a Zacks Industry Rank of 56, placing it in the top 23% of 246 Zacks industries, indicating strong near-term prospects [6][7]. Performance Comparison - Over the past year, the industry has underperformed compared to the broader Zacks Oil - Energy Sector and the S&P 500, with a decline of 10.1% versus a decrease of 0.6% for the sector and a gain of 15.9% for the S&P 500 [9]. Current Valuation - The industry is currently trading at an EV/EBITDA ratio of 4.24X, significantly lower than the S&P 500's 17.60X and the sector's 4.92X, indicating a potential undervaluation [12]. Stocks in Focus - **Par Pacific Holdings**: Operates an integrated energy platform with a refining capacity of 219,000 barrels per day and a market cap of $1.5 billion, showing a projected earnings growth of 394.6% for 2025 [15][16]. - **Galp Energia**: A Portuguese company with a market cap of $13.1 billion, producing over 100,000 barrels of oil equivalent per day, and a four-quarter average earnings surprise of 47.2% [18][19]. - **Marathon Petroleum**: A leading independent refiner with a market cap of $50 billion, known for strong cash flow generation and shareholder returns, with a recent earnings estimate increase of 8.5% for 2025 [21][22]. - **Phillips 66**: One of the largest independent refiners with nearly 2 million barrels per day of refining capacity, expected EPS growth rate of 15.5% over three to five years [24][25].