Equity Research Oil & Gas Refining & Marketing

Should You Buy Par Pacific Holdings, Inc. Stock in 2026?

By CirclFi Research Team · · Updated · 13/13 models active

According to the CirclFi Deep Alpha Valuation Engine, Par Pacific Holdings, Inc. (PARR) is rated as a strong fundamental performer with a QOC score of 8.6/10. Trading at $83.60, our valuation engine evaluates whether the market price reflects the company's underlying earnings power.

The short answer: 6 of 13 CirclFi valuation models project upside for Par Pacific Holdings, Inc. (PARR) at $83.60 — the model consensus leans bearish, with a Quality Score of 8.6/10 and Value-Trap risk of 12/100. The full bull case, bear case, and risk factors are below. Educational analysis, not financial advice.

Key Takeaways

  • 7 of 13 models suggest overvaluation — majority bearish
  • Quality Score: 8.6/10 — Excellent — top-tier fundamentals
  • Value Trap Risk: 12/100 — Minimal — healthy fundamentals
  • Fair Value Range: $6.00 – $298.59 (4873% spread)

Bullish Models

6 / 13

Bearish Models

7 / 13

Quality Score

8.6 /10

Excellent — top-tier fundamentals

Value Trap Risk

12 /100
Minimal

Minimal — healthy fundamentals

Model Consensus

13 /13
Active Models

Avg. confidence: 46%

What Is the Investment Case for Par Pacific Holdings, Inc. (PARR) in 2026?

What Is the Bull Case vs the Bear Case for Par Pacific Holdings, Inc. (PARR)?

Bull case versus bear case for Par Pacific Holdings, Inc. (PARR) at $83.60, derived from 13 active CirclFi valuation models on 2026-09-15.
Bull case — $298.59 target (+257.2%) Bear case — $6.00 target (-92.8%)
According to the CirclFi Quality of Company (QOC) framework, Par Pacific Holdings, Inc.'s rating of 8.6/10 signals strong fundamentals — high-quality businesses tend to compound value more reliably. According to the CirclFi Deep Alpha Valuation Engine, the Earnings Power Value (EPV) model sees the stock as overvalued with a fair value of $6.00 (-92.8%), suggesting that the market price embeds overly optimistic growth assumptions.
According to the CirclFi Deep Alpha Valuation Engine, the ML Residual Income model targets a fair value of $298.59 (+257.2%), anchoring the bull case with a methodology that provides a differentiated analytical lens. According to the CirclFi Deep Alpha Valuation Engine, model disagreement is high with a +350.0% spread between the most bullish and bearish models, signaling elevated analytical uncertainty.
Industry tailwind: basin-level economics could provide meaningful support for Par Pacific Holdings, Inc.'s revenue and margin trajectory in the Oil & Gas Refining & Marketing space. Industry headwind: regulatory and ESG pressure represents a meaningful risk for Par Pacific Holdings, Inc. and its Oil & Gas Refining & Marketing peers.

How Does PARR Compare to Its Oil & Gas Refining & Marketing Peers?

UGP Ultrapar Participaçõ
8.8
MPC Marathon Petroleum C
8.5
DLXY Delixy Holdings Limi
2.7
VLO Valero Energy Corpor
8.4
APC ARKO Petroleum Corp.
4.5
PSX Phillips 66
8.3
SGU Star Group, L.P.
8.2
CVI CVR Energy, Inc.
7.3

Valuation data pages: UGP · MPC · DLXY · VLO · APC · PSX · SGU · CVI · CLNE

Which Other Stocks Score Like PARR on Quality?

Closest companies to PARR’s Quality of Company score of 8.6/10, across all industries.

Why Do CirclFi’s 13 Models Disagree on PARR?

Spread

4873%

Fair Value Range

$6.00 – $298.59

A 4873% spread signals high uncertainty. The investment outcome depends heavily on which scenario plays out.

Most Bullish

ML-RIV

$298.59 (+257.2%)

Most Bearish

EPV

$6.00 (-92.8%)

What Are the Biggest Risks of Buying PARR Stock?

Model Disagreement

4873% spread signals high variance in projections.

Bearish Consensus

7/13 models suggest overvaluation.

Macro/Sector Risk

Oil & Gas Refining & Marketing headwinds could affect earnings trajectory.

Model Limitations

Backward-looking models cannot predict disruptions.

Want the full 13-model breakdown?

See every fair value, confidence score, and value trap analysis.

View PARR Data Page →

So Is Par Pacific Holdings, Inc. (PARR) Worth Buying in 2026?

Our models don't have a clear verdict on Par Pacific Holdings, Inc.. At $83.60 vs. $80.65 median fair value, the median upside of -3.5% masks significant model disagreement (+350.0% spread). With quality at 8.6/10, this is a stock where the margin of error is wide and additional fundamental research is strongly recommended.

These are quantitative model outputs, not investment recommendations. Par Pacific Holdings, Inc.'s future depends on factors — management execution, competitive dynamics, regulatory changes — that no algorithm can fully capture. See all 13 model estimates →

What Else Do Investors Ask About PARR Stock?

Should I buy PARR stock right now?

Based on CirclFi's multi-model analysis, 6 of 13 models see upside for PARR at $83.60. The models are divided, which means the investment case depends heavily on your assumptions about Par Pacific Holdings, Inc.'s future. This is not a buy recommendation — see our full disclaimer.

What are the biggest risks of investing in Par Pacific Holdings, Inc.?

Key risks include: wide model disagreement (4873% spread), signaling high uncertainty; general market and sector-specific risks affecting Oil & Gas Refining & Marketing companies. Always diversify and consult a financial advisor.

How does PARR compare to its competitors?

Among Oil & Gas Refining & Marketing peers, PARR holds a Quality Score of 8.6/10. Comparable companies include UGP (QOC 8.8), MPC (QOC 8.5), DLXY (QOC 2.7). The relative ranking helps investors identify whether PARR offers better fundamental quality than alternatives in the same sector.

Is PARR a good long-term investment?

Long-term investment potential depends on fundamental quality and sustainable competitive advantages. PARR's Quality Score of 8.6/10 is encouraging for long-term holders, indicating consistent profitability, manageable debt, and healthy cash flows. Check our full data page for all 13 model estimates.

What price should I buy PARR at?

CirclFi does not provide target buy prices or price alerts. However, our 13 active models produce fair value estimates ranging from $6.00 to $298.59. At $83.60, the stock trades within the range of model estimates. Many value investors look for a 20-30% margin of safety below intrinsic value before buying.

Want the complete picture?

See all 13 model estimates, confidence scores, and the full valuation table for PARR.

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Disclaimer: This article is produced by the CirclFi Valuation Engine using quantitative models and is for educational and informational purposes only. It is not financial advice, a buy/sell recommendation, or a solicitation to trade securities. Past performance is not indicative of future results. All data sourced from SEC EDGAR, FRED, and GDELT. Consult a licensed financial advisor before making investment decisions. Full disclaimer →