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Lowest Beta in the Oil & Gas Refining & Marketing Industry Detected in Shares of Par Pacific Hold (PARR, REGI, HFC, PSX, VLO)

By Nick Russo

Below are the three companies in the Oil & Gas Refining & Marketing industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.

Par Pacific Hold ranks lowest with a a beta of 0.7. Renewable Energy is next with a a beta of 0.7. Hollyfrontier Co ranks third lowest with a a beta of 0.8.

Phillips 66 follows with a a beta of 0.9, and Valero Energy rounds out the bottom five with a a beta of 0.9.

SmarTrend recommended that its subscribers protect gains by selling shares of Par Pacific Hold on December 30th, 2019 by issuing a Downtrend alert when the shares were trading at $23.46. Since that call, shares of Par Pacific Hold have fallen 71.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest beta par pacific hold renewable energy hollyfrontier co phillips 66 valero energy

Ticker(s): PARR REGI HFC PSX VLO