Timothy Clossey - Par Pacific Independent Director
| PARR Stock | USD 13.86 1.57 10.17% |
Director
Mr. Timothy Clossey is Independent Director of the Company. He has served as a member of our Board of Directors since June 2014. Mr. Clossey is the President and owner of Spirit Technologies, a management coaching and engineering consulting services company. Mr. Clossey previously served as Production Manager and Major Projects Director for BP Cherry Point. He was a consultant to the board of directors at SaltChuk Resources on merger and acquisition opportunities and a board member at Timec, Inc., where Mr. Clossey chaired the Audit Committee, organized and chaired a Special Committee of Outside Directors and served on the Compensation Committee. Mr. Clossey served in multiple positions, including most recently as President and CEO of ARCO Marine, Inc. . As VP Corporationrationrate Strategic Planning, Downstream for ARCO, Mr. Clossey was responsible for strategic planning for all of ARCOs downstream companies. As Vice President of Engineering, Technology and RD at ARCO, his role was responsible for leading ARCOs Engineering and Research Center in Anaheim, California. As Manager, Clean Fuels Development Task Force at ARCO, Mr. Clossey lead the reformulated gasoline research and development efforts at the Technical Center as well as served in the government relations role working with industry associations such as Western States Petroleum Association and the American Petroleum Institute, as well as all Federal and State agencies working on reformulated gasoline regulations throughout the nation. Mr. Clossey graduated from Harvard Business School with an Executive Masters of Business Administration. He received his Bachelors of Science degree in Chemical Engineering summa cum laude from Washington State University. Mr. Clossey extensive and detailed experience in operational aspects of the petroleum refining industry provide the Board with insight into the operation, development, and growth of our businesses. since 2014.
| Age | 62 |
| Tenure | 11 years |
| Address | 825 Town & Country Lane, Houston, TX, United States, 77024 |
| Phone | 281 899 4800 |
| Web | https://www.parpacific.com |
Par Pacific Management Efficiency
The company has return on total asset (ROA) of 0.0425 % which means that it generated a profit of $0.0425 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2681 %, meaning that it created $0.2681 on every $100 dollars invested by stockholders. Par Pacific's management efficiency ratios could be used to measure how well Par Pacific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Par Pacific's Return On Capital Employed is relatively stable compared to the past year. As of 02/26/2025, Return On Assets is likely to grow to 0.18, while Return On Tangible Assets are likely to drop 0.18. At this time, Par Pacific's Intangibles To Total Assets are relatively stable compared to the past year. As of 02/26/2025, Debt To Assets is likely to grow to 0.25, while Other Assets are likely to drop slightly above 75.7 M.Similar Executives
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Management Performance
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0425 |
Par Pacific Holdings Leadership Team
Elected by the shareholders, the Par Pacific's board of directors comprises two types of representatives: Par Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Par. The board's role is to monitor Par Pacific's management team and ensure that shareholders' interests are well served. Par Pacific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Par Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ivan Guerra, Chief Accounting Officer, Vice President | ||
| Curtis Anastasio, Independent Director | ||
| Ashimi Patel, Director Relations | ||
| Philip Davidson, Independent Director | ||
| Anthony Chase, Independent Director | ||
| Eric Wright, President - Par Hawaii, LLC | ||
| Phil Davidson, Director | ||
| Jim Yates, Senior Vice President | ||
| Ryan Kelley, Senior Officer | ||
| Shawn Flores, Senior CFO | ||
| Matthew Legg, Senior Officer | ||
| Danielle Mattiussi, Senior Officer | ||
| Jonathan Goldsmith, Senior Renewables | ||
| William Pate, President, Chief Executive Officer, Director | ||
| Melvyn Klein, Independent Chairman Emeritus of the Board | ||
| Joseph Israel, CEO and President Director and Member of Executive Committee | ||
| James Vaughn, Chief Administrative Officer, General Counsel | ||
| Richard Creamer, Executive Logistics | ||
| Shawn CPA, Senior CFO | ||
| Katherine Hatcher, Independent Director | ||
| Robert Silberman, Independent Chairman of the Board | ||
| L Cooper, Independent Director | ||
| Jeffrey Hollis, Vice President General Counsel, Company Secretary | ||
| Terrill Pitkin, Senior Commercial | ||
| William Monteleone, Chief Financial Officer, Executive Vice President, Director | ||
| Walter Dods, Independent Director | ||
| Timothy Clossey, Independent Director | ||
| Suneel Mandava, VP Fin |
Par Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Par Pacific a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0425 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.19 B | ||||
| Shares Outstanding | 55.95 M | ||||
| Shares Owned By Insiders | 2.70 % | ||||
| Shares Owned By Institutions | 96.32 % | ||||
| Number Of Shares Shorted | 3.11 M | ||||
| Price To Earning | 9.02 X |
Pair Trading with Par Pacific
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Par Pacific position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Par Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Par Stock
Moving against Par Stock
The ability to find closely correlated positions to Par Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Par Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Par Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Par Pacific Holdings to buy it.
The correlation of Par Pacific is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Par Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Par Pacific Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Par Pacific can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Par Stock Analysis
When running Par Pacific's price analysis, check to measure Par Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Par Pacific is operating at the current time. Most of Par Pacific's value examination focuses on studying past and present price action to predict the probability of Par Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Par Pacific's price. Additionally, you may evaluate how the addition of Par Pacific to your portfolios can decrease your overall portfolio volatility.