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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and PAR PACIFIC HOLDINGS, INC. (PARR). Click either name above to swap in a different company.

PAR PACIFIC HOLDINGS, INC. is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.6× CIVITAS RESOURCES, INC.). On growth, PAR PACIFIC HOLDINGS, INC. posted the faster year-over-year revenue change (-1.0% vs -8.2%). Over the past eight quarters, CIVITAS RESOURCES, INC.'s revenue compounded faster (1.8% CAGR vs -4.3%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

Par Pacific Holdings is a Houston-based American oil and gas exploration and production company. Known as Par Petroleum Corporation after it emerged from bankruptcy, it was renamed Par Pacific Holdings on October 20, 2015. As of 2017 it was a Fortune 1000 corporation.

CIVI vs PARR — Head-to-Head

Bigger by revenue
PARR
PARR
1.6× larger
PARR
$1.8B
$1.2B
CIVI
Growing faster (revenue YoY)
PARR
PARR
+7.1% gap
PARR
-1.0%
-8.2%
CIVI
Faster 2-yr revenue CAGR
CIVI
CIVI
Annualised
CIVI
1.8%
-4.3%
PARR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
PARR
PARR
Revenue
$1.2B
$1.8B
Net Profit
$77.7M
Gross Margin
Operating Margin
20.0%
5.5%
Net Margin
4.3%
Revenue YoY
-8.2%
-1.0%
Net Profit YoY
239.5%
EPS (diluted)
$1.99
$1.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CIVI
CIVI
PARR
PARR
Q4 25
$1.8B
Q3 25
$1.2B
$2.0B
Q2 25
$1.1B
$1.9B
Q1 25
$1.2B
$1.7B
Q4 24
$1.3B
$1.8B
Q3 24
$1.3B
$2.1B
Q2 24
$1.3B
$2.0B
Q1 24
$1.3B
$2.0B
Net Profit
CIVI
CIVI
PARR
PARR
Q4 25
$77.7M
Q3 25
$262.6M
Q2 25
$59.5M
Q1 25
$-30.4M
Q4 24
$-55.7M
Q3 24
$7.5M
Q2 24
$18.6M
Q1 24
$-3.8M
Operating Margin
CIVI
CIVI
PARR
PARR
Q4 25
5.5%
Q3 25
20.0%
17.8%
Q2 25
15.3%
5.1%
Q1 25
20.7%
-0.9%
Q4 24
15.4%
-2.6%
Q3 24
30.6%
1.7%
Q2 24
21.6%
2.4%
Q1 24
15.9%
0.5%
Net Margin
CIVI
CIVI
PARR
PARR
Q4 25
4.3%
Q3 25
13.0%
Q2 25
3.1%
Q1 25
-1.7%
Q4 24
-3.0%
Q3 24
0.3%
Q2 24
0.9%
Q1 24
-0.2%
EPS (diluted)
CIVI
CIVI
PARR
PARR
Q4 25
$1.40
Q3 25
$1.99
$5.16
Q2 25
$1.34
$1.17
Q1 25
$1.99
$-0.57
Q4 24
$1.56
$-0.98
Q3 24
$3.01
$0.13
Q2 24
$2.15
$0.32
Q1 24
$1.74
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIVI
CIVI
PARR
PARR
Cash + ST InvestmentsLiquidity on hand
$56.0M
$164.1M
Total DebtLower is stronger
$5.1B
$802.9M
Stockholders' EquityBook value
$6.7B
$1.5B
Total Assets
$15.1B
$3.8B
Debt / EquityLower = less leverage
0.77×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
PARR
PARR
Q4 25
$164.1M
Q3 25
$56.0M
$159.1M
Q2 25
$69.0M
$169.2M
Q1 25
$20.0M
$133.7M
Q4 24
$76.0M
$191.9M
Q3 24
$47.1M
$183.0M
Q2 24
$91.9M
$179.7M
Q1 24
$52.1M
$228.3M
Total Debt
CIVI
CIVI
PARR
PARR
Q4 25
$802.9M
Q3 25
$5.1B
$967.1M
Q2 25
$5.4B
$1.1B
Q1 25
$5.1B
$1.2B
Q4 24
$4.5B
$1.1B
Q3 24
$4.8B
$1.0B
Q2 24
$4.9B
$1.1B
Q1 24
$4.4B
$639.5M
Stockholders' Equity
CIVI
CIVI
PARR
PARR
Q4 25
$1.5B
Q3 25
$6.7B
$1.4B
Q2 25
$6.8B
$1.1B
Q1 25
$6.7B
$1.1B
Q4 24
$6.6B
$1.2B
Q3 24
$6.7B
$1.3B
Q2 24
$6.6B
$1.3B
Q1 24
$6.6B
$1.3B
Total Assets
CIVI
CIVI
PARR
PARR
Q4 25
$3.8B
Q3 25
$15.1B
$4.1B
Q2 25
$15.4B
$3.9B
Q1 25
$15.3B
$3.8B
Q4 24
$14.9B
$3.8B
Q3 24
$15.0B
$3.9B
Q2 24
$15.0B
$3.9B
Q1 24
$15.1B
$3.8B
Debt / Equity
CIVI
CIVI
PARR
PARR
Q4 25
0.53×
Q3 25
0.77×
0.69×
Q2 25
0.79×
0.97×
Q1 25
0.76×
1.04×
Q4 24
0.68×
0.93×
Q3 24
0.73×
0.83×
Q2 24
0.74×
0.84×
Q1 24
0.67×
0.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIVI
CIVI
PARR
PARR
Operating Cash FlowLast quarter
$860.0M
$93.8M
Free Cash FlowOCF − Capex
$66.3M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
1.21×
TTM Free Cash FlowTrailing 4 quarters
$296.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
PARR
PARR
Q4 25
$93.8M
Q3 25
$860.0M
$219.4M
Q2 25
$298.0M
$133.6M
Q1 25
$719.0M
$-1.4M
Q4 24
$858.2M
$-15.5M
Q3 24
$835.0M
$78.5M
Q2 24
$359.0M
$-4.7M
Q1 24
$813.0M
$25.4M
Free Cash Flow
CIVI
CIVI
PARR
PARR
Q4 25
$66.3M
Q3 25
$187.1M
Q2 25
$85.5M
Q1 25
$-42.3M
Q4 24
$-63.1M
Q3 24
$50.2M
Q2 24
$-41.6M
Q1 24
$2.8M
FCF Margin
CIVI
CIVI
PARR
PARR
Q4 25
3.7%
Q3 25
9.3%
Q2 25
4.5%
Q1 25
-2.4%
Q4 24
-3.4%
Q3 24
2.3%
Q2 24
-2.1%
Q1 24
0.1%
Capex Intensity
CIVI
CIVI
PARR
PARR
Q4 25
1.5%
Q3 25
1.6%
Q2 25
2.5%
Q1 25
2.3%
Q4 24
2.6%
Q3 24
1.3%
Q2 24
1.8%
Q1 24
1.1%
Cash Conversion
CIVI
CIVI
PARR
PARR
Q4 25
1.21×
Q3 25
0.84×
Q2 25
2.25×
Q1 25
Q4 24
Q3 24
10.48×
Q2 24
-0.25×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

PARR
PARR

Distillates$750.6M41%
Gasoline$603.9M33%
Other Refined Products$348.8M19%
Logistics$73.7M4%
Other Revenues$44.8M2%

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