American Airlines Group Inc. 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.

American Airlines Group Inc. Stock Outperforms Market On Strong Trading Day

4:33 pm ET May 17, 2022 (MarketWatch) Print

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

Shares of American Airlines Group Inc. (AAL) rose 7.67% to $17.82 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.02% to 4,088.85 and the Dow Jones Industrial Average rising 1.34% to 32,654.59. American Airlines Group Inc. closed $8.22 below its 52-week high ($26.04), which the company achieved on June 2nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Southwest Airlines Co. (LUV) rose 4.47% to $45.11, Delta Air Lines Inc. (DAL) rose 6.68% to $40.72, and United Airlines Holdings Inc. (UAL) rose 7.88% to $46.97. Trading volume (28.8 M) remained 13.7 million below its 50-day average volume of 42.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2022.

(END) Dow Jones Newswires

May 17, 2022 16:33 ET (20:33 GMT)