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Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.
The historical rank and industry rank for Par Pacific Holdings's Exploration Expense (USD Mil) or its related term are showing as below:
PARR's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median: * Ranked among companies with meaningful Exploration Expense (USD Mil) only.
Par Pacific Holdings (NYSE:PARR) Exploration Expense (USD Mil) Explanation
Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.
Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.
Par Pacific Holdings Exploration Expense (USD Mil) Related Terms
Par Pacific Holdings Exploration Expense (USD Mil) Historical Data
* Premium members only.
The historical data trend for Par Pacific Holdings's Exploration Expense (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Par Pacific Holdings Exploration Expense (USD Mil) Chart
PARR vs DK, CVI, DKL: Exploration Expense (USD Mil) Comparison
For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
What does a Exploration Expense (USD Mil) of 0.00 mean?
Par Pacific Holdings (PARR) has a Exploration Expense (USD Mil) of 0.00 as of Jun. 2026. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Par Pacific Holdings and its competitors.
Is Par Pacific Holdings' Exploration Expense (USD Mil) too high?
Par Pacific Holdings' current Exploration Expense (USD Mil) is 0.00. Overall, Par Pacific Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Par Pacific Holdings' Exploration Expense (USD Mil) compare to DK and CVI?
Par Pacific Holdings' Exploration Expense (USD Mil) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Exploration Expense (USD Mil) for an Oil & Gas company?
A good Exploration Expense (USD Mil) depends on the Oil & Gas industry context. However, Exploration Expense (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Exploration Expense (USD Mil) mean?
A high Exploration Expense (USD Mil) can signal that a stock is expensive relative to its fundamentals. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Par Pacific Holdings and its competitors. Par Pacific Holdings's current Exploration Expense (USD Mil) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Par Pacific Holdings stock overvalued right now?
Based on GuruFocus' analysis, Par Pacific Holdings (PARR) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.18, compared to a current price of $79.03 — trading 83% above its estimated fair value. The current Exploration Expense (USD Mil) is 0.00. Par Pacific Holdings' overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Exploration Expense (USD Mil) calculated?
Exploration Expense (USD Mil) is calculated from a company's financial statements. For Par Pacific Holdings (PARR), the current Exploration Expense (USD Mil) is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Par Pacific Holdings (PARR) Overvalued in 2026?
Based on GuruFocus' analysis, Par Pacific Holdings stock appears to be overvalued.
The current stock price of $79.03 is trading 83% above its estimated GF Value™ of $43.18.
GuruFocus considers Par Pacific Holdings to be Significantly Overvalued.
Key valuation signals for PARR:
Exploration Expense (USD Mil): 0.00
GF Value™: $43.18 vs. price of $79.03 (83% above fair value)
No single metric tells the full story. See the PARR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments: Refining. Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operating licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
62GF Score
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