Par Pacific Holdings Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Par Pacific Holdings Inc (PARR) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Par Pacific Holdings Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 8,619M vs 1,439,056M combined for tracked competitors (0.6% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+37.8% annualized vs trailing 12 months), vs accelerating (+27.3%) for its tracked peer group.
- Growth: Par Pacific Holdings Inc generated 56.8% revenue growth year over year in Q2 2026, vs 45.6% for its tracked competitors combined.
- Profitability: Its 15.6% net margin compares with 14.8% for the peer group.
- Scale: Par Pacific Holdings Inc ranks #37 of 134 companies by market capitalization in the Oil And Gas Production industry, holding 0.3% of industry market cap.
- Peer revenue share: Par Pacific Holdings Inc accounted for 0.6% of combined revenue among its tracked peer group, up from 0.6% a year earlier.
- Peer differentiation: Revenue per employee of $4.90M compares with $6.19M for the peer group (0.8x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
PARR Sales vs. its Competitors, Q2 2026
Par Pacific Holdings Inc reported revenue growth of 56.83 % year on year in Q2 2026, above its competitors' combined revenue growth of 45.64 %.
With a net margin of 15.59 %, Par Pacific Holdings Inc achieved higher profitability than its competitors (14.83 %).
Par Pacific Holdings Inc generated 0.64 % of the combined sales of its peer group, up from 0.60 % a year earlier.
Par Pacific Holdings Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Par Pacific Holdings Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Par Pacific Holdings Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Par Pacific Holdings Inc's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.3% year over year, combined, vs 56.8% for Par Pacific Holdings Inc. Par Pacific Holdings Inc's share of combined industry revenue moved from 0.13% to 0.20%, a gain of 0.07 percentage points.
Par Pacific Holdings Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Par Pacific Holdings Inc | Yes | Yes | Yes | No |
| Competitors combined (95) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 14.30 % (1 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
PARR Stock Performance relative to its Competitors
PARR Stock Performance relative to Similar-Size Competitors
PARR Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Blue Dolphin Energy Co | 282.9% | Outperformed |
| 2 | Calumet Inc | 282.9% | Outperformed |
| 3 | Zion Oil and Gas Inc | 282.9% | Outperformed |
| 4 | Valero Energy Corp | 282.9% | Outperformed |
| 5 | Pbf Energy Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Par Pacific Holdings Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Par Pacific Holdings Inc's Comment on Competition and Industry Peers
All facets of the energy industry are highly competitive. Our competitors include
major integrated, national and independent energy companies. Many of these competitors
have greater financial and technical resources and staff which may allow them
to better withstand and react to changing and adverse market conditions.
Our refining business sources and obtains all of our crude oil from third-party
sources and competes globally for crude oil and feedstocks.
Our refined product sales from our Hawaii refinery, outside the Hawaii market,
typically target the Eastern Asia and U.S. West Coast markets. Our Wyoming refinery
primarily sells refined products locally in the PADD IV region.
Competitive factors that affect our retail performance include product price, station appearance, location, customer service and brand awareness. Our competitors include the Chevron, Shell, Texaco, Costco, Safeway and Sams Club national brands, a regional brand Aloha and other local retailers.
Publicly Traded Peers of Par Pacific Holdings Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Par Pacific Holdings Inc | 3,855.15 | 8,619.37 |
| Exxon Mobil Corporation | 678,400.22 | 368,757.00 |
| Chevron Corp | 407,361.69 | 215,261.00 |
| Shell Plc | 286,930.72 | 266,886.00 |
| Totalenergies Se | 199,342.93 | 162,863.00 |
| Conocophillips | 153,044.70 | 63,345.00 |
| SUBTOTAL | 2,923,708.92 | 2,300,986.68 |
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Sources: Par Pacific Holdings Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Par Pacific Holdings Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Par Pacific Holdings Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Chevron Corp | Named by the company | 85% |
| Regional Brands Inc. | Named by the company | 85% |
| Shell Plc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Par Pacific Holdings Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Par Pacific Holdings Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Par Pacific Holdings Inc | Refining 97.19 % |
| Exxon Mobil Corporation | Corporate and Unallocated 0.20 % |
| Chevron Corp | Reportable Segment, Aggregation before Other Operating 99.73 % |
| Valero Energy Corp | Refining 95.14 % |
| Marathon Petroleum Corporation | Refining and Marketing 94.83 % |
| Phillips 66 | Refining 69.25 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Par Pacific Holdings Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Par Pacific Holdings Inc | 3,855 | 4,902,943 | 481,866 |
| Exxon Mobil Corporation | 678,400 | 6,357,879 | 575,414 |
| Chevron Corp | 407,362 | 5,001,533 | 487,116 |
| Shell Plc | 286,931 | 3,139,835 | 213,165 |
| Totalenergies Se | 199,343 | 17,683,279 | 1,450,271 |
| Conocophillips | 153,045 | 6,398,485 | 936,263 |
| PEERS TOTAL | 2,919,854 | 6,186,725 | 487,808 |
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Par Pacific Holdings Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Phillips 66 | United States 79.26 % |
| Occidental Petroleum Corporation | Non-US 20.75 % |
| Sharkninja Inc | North America 64.87 % |
| Sm Energy Co | Permian Basin 49.29 % |
| Granite Ridge Resources Inc | Permian 67.87 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Par Pacific Holdings Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 113 companies in Par Pacific Holdings Inc's industry classification, broader than the peer set above. Market cap in millions of $.Par Pacific Holdings Inc ranks #37 of 113 companies by market capitalization in its industry, holding 0.25 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 788, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 289,637 | 19.00 % |
| 2 | Totalenergies Se | 216,606 | 14.21 % |
| 3 | Canadian Natural Resources Limited | 104,814 | 6.88 % |
| 4 | Eni Spa | 96,185 | 6.31 % |
| 5 | Slb Limited | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Occidental Petroleum Corporation | 1,234 | 5.2% |
| 8 | Cenovus Energy Inc | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Devon Energy Corp | 1,234 | 5.2% |
| 37 | Par Pacific Holdings Inc | 3,855 | 0.25 % |
Market cap and industry share for the rest of Par Pacific Holdings Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Par Pacific Holdings Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 32 | Cnx Resources Corporation | 4,881 | 1.27 % |
| 33 | California Resources Corp | 4,629 | -6.29 % |
| 34 | Oceaneering International Inc | 4,617 | 83.50 % |
| 35 | Magnolia Oil and Gas Corp | 4,377 | -2.34 % |
| 36 | Crescent Energy Company | 1,234 | 12.3% |
| 37 | Par Pacific Holdings Inc | 3,855 | 120.47 % |
| 38 | Comstock Resources Inc | 1,234 | 12.3% |
| 39 | Aris Mining Corporation | 1,234 | 12.3% |
| 40 | Liberty Energy Inc | 1,234 | 12.3% |
| 41 | National Energy Services Reunited Corp | 1,234 | 12.3% |
| 42 | Black Stone Minerals L p | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Par Pacific Holdings Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Par Pacific Holdings Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (165 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 22.99 % | 57.30 % (avg) | -34.3 pp |
| Operating Margin | 13.43 % | industry median | +2.0 pp |
| EBITDA Margin | 14.41 % | 11.81 % (avg) | +2.6 pp |
| Capital Intensity (Capex / Revenue) | 1.65 % | 24.95 % (avg) | -23.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Par Pacific Holdings Inc's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (165 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 3.7x | 15.8x | -12.1x |
| EV / EBITDA | 3.1x | 8.9x | -5.9x |
| P/B | 1.9x | 1.8x | +0.2x |
| Return on Equity | 52.90 % | industry aggregate | 40.91 % |
| Return on Invested Capital | 25.18 % | 5.38 % (avg) | 19.80 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Par Pacific Holdings Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 39.61 % | 66.62 % | -45.01 % | 50.73 % | 55.45 % | 12.43 % | -3.13 % | -6.39 % |
| Operating Margin | 2.40 % | 2.89 % | -10.18 % | -0.16 % | 5.98 % | 8.26 % | 0.60 % | 7.22 % |
| Return on Invested Capital | 5.83 % | 7.18 % | -18.35 % | -0.69 % | 31.99 % | 24.81 % | 1.34 % | 12.94 % |
| P/E | 18.8x | 12.4x | - | - | 3.8x | 2.9x | - | 5.5x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Par Pacific Holdings Inc's Strategic Group Map
Every company in Par Pacific Holdings Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Par Pacific Holdings Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Par Pacific Holdings Inc's BCG Growth-Share Matrix
Relative market share (vs Par Pacific Holdings Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Par Pacific Holdings Inc falls in the Dog quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 0.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Par Pacific Holdings Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 788 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 1.65 % vs industry average 24.95 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Par Pacific Holdings Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Par Pacific Holdings Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Par Pacific Holdings Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Par Pacific Holdings Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Par Pacific Holdings Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 40.9 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+37.8% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.01x).
Opportunities
- Trades at a lower P/E than the industry average (3.7x vs 15.8x) despite a higher return on invested capital -- a possible re-rating opportunity.
- A meaningful share of tracked competitors (32.10 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Par Pacific Holdings Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Par Pacific Holdings Inc | 0.13 | 1.65 | 0.54 |
| Exxon Mobil Corporation | 0.13 | 1.11 | 0.17 |
| Chevron Corp | 0.01 | 1.16 | 0.21 |
| Shell Plc | 0.37 | 1.30 | 0.05 |
| Totalenergies Se | 0.28 | 0.97 | 0.02 |
| Conocophillips | 0.49 | 1.36 | 0.45 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Par Pacific Holdings Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Par Pacific Holdings Inc | Q2 2026 | +56.8 % | +678.6 % |
| Exxon Mobil Corporation | Q2 2026 | +42.3 % | +97.5 % |
| Chevron Corp | Q2 2026 | +56.3 % | +385.6 % |
| Shell Plc | Q4 2025 | -6.1 % | +9.7 % |
| Totalenergies Se | Q4 2025 | -7.1 % | -16.7 % |
| Conocophillips | Q2 2026 | +36.8 % | +98.8 % |
| PEERS TOTAL | +8.2 % | +63.1 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Par Pacific Holdings Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Par Pacific Holdings Inc | Q2 2026 | +33.2 % | -17.5 % |
| Exxon Mobil Corporation | Q2 2026 | - | +3.9 % |
| Chevron Corp | Q2 2026 | +36.3 % | +22.3 % |
| Shell Plc | Q4 2025 | - | - |
| Totalenergies Se | Q4 2025 | - | - |
| Conocophillips | Q2 2026 | +32.0 % | - |
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Par Pacific Holdings Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Par Pacific Holdings Inc | 20.35% | 26.96% | 52.90% |
| Exxon Mobil Corporation | 7.29% | 7.92% | 12.57% |
| Chevron Corp | 6.40% | 6.49% | 10.85% |
| Shell Plc | 4.89% | 4.22% | 10.33% |
| Totalenergies Se | 4.59% | 11.37% | 11.37% |
| Conocophillips | 7.55% | 8.36% | 14.30% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Par Pacific Holdings Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Par Pacific Holdings Inc | 4.55 | 0.45 |
| Exxon Mobil Corporation | 20.97 | 1.84 |
| Chevron Corp | 19.59 | 1.89 |
| Shell Plc | 16.09 | 1.08 |
| Totalenergies Se | 15.19 | 1.22 |
| Conocophillips | 16.72 | 2.42 |
| PEERS AVERAGE | 16.10 | 1.27 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.