Oracle Corp. Stock Falls Friday, Still Outperforms Market

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.

Oracle Corp. Stock Falls Friday, Still Outperforms Market

5:12 pm ET May 6, 2022 (MarketWatch) Print

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

Shares of Oracle Corp. (ORCL) slid 0.43% to $72.49 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.57% to 4,123.34 and Dow Jones Industrial Average falling 0.30% to 32,899.37. This was the stock's second consecutive day of losses. Oracle Corp. closed $33.85 below its 52-week high ($106.34), which the company reached on December 10th.

Despite its losses, the stock outperformed some of its competitors Friday, as Microsoft Corp. (MSFT) fell 0.94% to $274.73, Adobe Inc. (ADBE) fell 2.37% to $391.01, and Salesforce Inc. (CRM) fell 1.51% to $169.70.true Trading volume (6.2 M) remained 2.4 million below its 50-day average volume of 8.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2022.

(END) Dow Jones Newswires

May 06, 2022 17:12 ET (21:12 GMT)