Delek US vs. Par Pacific: Which Energy Stock Is a Better Buy in 2026?

The article compares two independent refiners: Delek US and Par Pacific. Delek US operates four refineries across Texas, Arkansas, and Louisiana with a 63.3% stake in Delek Logistics, but faces high leverage (11.7x debt-to-equity), declining revenue, and regulatory uncertainty. Par Pacific operates four facilities across the Pacific Northwest and Hawaii with integrated retail operations, demonstrating stronger profitability (4.9% net margin), lower leverage (0.8x debt-to-equity), and superior cash generation ($296.5M free cash flow). The author recommends Par Pacific as the better 2026 investment due to its niche market positioning, operational momentum, and cleaner financial profile.

07/07/2026, 7:03 AM • The Motley Fool

Par Pacific Announces Pricing of Private Placement of $500 Million of 7.375% Senior Notes due 2034

Par Pacific Holdings announced the pricing of $500 million in 7.375% senior unsecured notes due 2034. The offering is expected to close on May 14, 2026, with proceeds intended to repay and terminate the company's existing term loan due 2030. The notes will be guaranteed by Par Pacific and its subsidiaries.

05/11/2026, 8:38 PM • GlobeNewswire

Trump's Iran War Sends Gasoline To Biggest Monthly Surge Since 1967 — 6 Energy Stocks To Watch

Gasoline prices surged 21.2% in March 2026, the largest monthly increase since 1967, driven by disruptions to oil flows through the Strait of Hormuz due to the Iran war. National average gas prices jumped from $2.98 to $4.15 per gallon in six weeks. Goldman Sachs upgraded several refiner stocks as beneficiaries of elevated crack spreads and tighter energy supply chains, while economists debate whether this represents a temporary shock or a sustained inflationary regime.

04/10/2026, 10:58 AM • Benzinga

Gas Tops $4, Diesel Has Its Best Month Ever — Why These Refiner Stocks Can't Stop Printing Money

U.S. gasoline prices surged to $4.02 per gallon and diesel hit $5.45, driven by Iran war disruptions at the Strait of Hormuz. Oil refiners are capitalizing on widened crack spreads (now ~$47/barrel vs. $20 pre-war), with refiner stocks posting exceptional gains. The VanEck Oil Refiners ETF (CRAK) is up 29% YTD on a 14-week winning streak, while individual refiners like Par Pacific and PBF Energy gained 50% and 41% in March respectively. Analysts raised price targets on Valero Energy, citing potential structural shifts in refining profitability.

03/31/2026, 8:37 AM • Benzinga

Par Pacific (PARR) Q2 EPS Jumps 214%

Par Pacific reported strong Q2 2025 financial results, with non-GAAP EPS of $1.54 significantly beating analyst estimates. The company saw record refinery throughput in Hawaii, steady retail and logistics growth, and continued focus on share repurchases and renewable energy initiatives.

08/06/2025, 8:05 AM • The Motley Fool