Regions Financial Corp. Stock Outperforms Market On Strong Trading Day

Par Pacific Holdings Inc

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Energy : Oil, Gas & Consumable Fuels | Small Cap Value

Company profile

Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The Company operates through three segments: Refining, Retail and Logistics. Refining segment owns and operates approximately three refineries with total operating crude oil throughput capacity of over 154 thousand barrels per day (Mbpd) in Hawaii, Wyoming, and Washington. Retail segment includes retail outlets in Hawaii, Washington, and Idaho that sells gasoline, diesel and retail merchandise. Logistics segment owns and operates terminals, pipelines, a single point mooring (SPM), and trucking operations to distribute refined products throughout the islands of Oahu, Maui, Hawaii, Molokai, and Kauai. Its refinery in Newcastle, Wyoming, produces gasoline, jet fuel, ultra-low sulfur diesel (ULSD), and other associated refined products that are primarily marketed in Wyoming and South Dakota. It operates convenience stores at its Hawaii retail fuel outlets under its nomnom brand that sell merchandise.

Regions Financial Corp. Stock Outperforms Market On Strong Trading Day

5:20 pm ET May 2, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Regions Financial Corp. (RF) advanced 1.64% to $21.06 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.57% to 4,155.38 and the Dow Jones Industrial Average rising 0.26% to 33,061.50. Regions Financial Corp. closed $4.51 short of its 52-week high ($25.57), which the company reached on February 16th.

The stock outperformed some of its competitors Monday, as Bank of America Corp. (BAC) rose 1.29% to $36.14, Wells Fargo & Co. (WFC) rose 0.09% to $43.67, and PNC Financial Services Group Inc. (PNC) rose 0.87% to $167.54. Trading volume (12.5 M) eclipsed its 50-day average volume of 10.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

May 02, 2022 17:20 ET (21:20 GMT)