Parex Resources Inc
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. Its principal land holdings and exploration blocks are located in the Llanos Basin, Magdalena Basin, and Putumayo Basin. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
Parex Resources Inc (PARXF) - Net Assets
Latest net assets as of December 2025: $1.95 Billion USD
Based on the latest financial reports, Parex Resources Inc (PARXF) has net assets worth $1.95 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.34 Billion) and total liabilities ($387.45 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.95 Billion |
| % of Total Assets | 83.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | 39.87% |
| 10-Year Change | 173.1% |
| Growth Volatility | 31.35 |
Parex Resources Inc - Net Assets Trend (2008–2025)
This chart illustrates how Parex Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Parex Resources Inc (2008–2025)
The table below shows the annual net assets of Parex Resources Inc from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.95 Billion | +6.45% |
| 2024-12-31 | $1.83 Billion | -6.35% |
| 2023-12-31 | $1.96 Billion | +14.02% |
| 2022-12-31 | $1.71 Billion | +23.05% |
| 2021-12-31 | $1.39 Billion | +3.97% |
| 2020-12-31 | $1.34 Billion | -4.42% |
| 2019-12-31 | $1.40 Billion | +10.17% |
| 2018-12-31 | $1.27 Billion | +43.32% |
| 2017-12-31 | $888.27 Million | +24.44% |
| 2016-12-31 | $713.79 Million | -3.79% |
| 2015-12-31 | $741.93 Million | +12.30% |
| 2014-12-31 | $660.64 Million | +36.20% |
| 2013-12-31 | $485.06 Million | +4.23% |
| 2012-12-31 | $465.40 Million | +11.38% |
| 2011-12-31 | $417.86 Million | +126.50% |
| 2010-12-31 | $184.49 Million | +48.17% |
| 2009-12-31 | $124.51 Million | +259495.83% |
| 2008-12-31 | $-48.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parex Resources Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 130900493400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.31 Billion | 67.14% |
| Common Stock | $619.93 Million | 31.80% |
| Other Components | $20.70 Million | 1.06% |
| Total Equity | $1.95 Billion | 100.00% |
Parex Resources Inc Competitors by Market Cap
The table below lists competitors of Parex Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitchells & Butlers plc
PINK:MBPFF
|
$748.30 Million |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
$748.47 Million |
|
Jiangxi Ganyue Expressway Co Ltd
SHG:600269
|
$749.09 Million |
|
Nagarro SE
PINK:NGRRF
|
$749.34 Million |
|
Chemtrade Logistics Income Fund
PINK:CGIFF
|
$748.14 Million |
|
Noritake Co. Limited
F:NO4
|
$748.03 Million |
|
Ningbo Tip Rubber Technology Co Ltd
SHG:605255
|
$747.95 Million |
|
Metsa Board Oyj A
HE:METSA
|
$747.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parex Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,831,321,000 to 1,949,378,954, a change of 118,057,954 (6.4%).
- Net income of 259,548,364 contributed positively to equity growth.
- Dividend payments of 109,555,838 reduced retained earnings.
- Share repurchases of 26,978,141 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $259.55 Million | +13.31% |
| Dividends Paid | $109.56 Million | -5.62% |
| Share Repurchases | $26.98 Million | -1.38% |
| Other Changes | $-4.96 Million | -0.25% |
| Total Change | $- | 6.45% |
Book Value vs Market Value Analysis
This analysis compares Parex Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.40x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $7.94 | x |
| 2009-12-31 | $2.44 | $7.94 | x |
| 2010-12-31 | $2.82 | $7.94 | x |
| 2011-12-31 | $4.26 | $7.94 | x |
| 2012-12-31 | $3.70 | $7.94 | x |
| 2013-12-31 | $3.93 | $7.94 | x |
| 2014-12-31 | $5.49 | $7.94 | x |
| 2015-12-31 | $5.12 | $7.94 | x |
| 2016-12-31 | $4.69 | $7.94 | x |
| 2017-12-31 | $5.65 | $7.94 | x |
| 2018-12-31 | $7.98 | $7.94 | x |
| 2019-12-31 | $9.41 | $7.94 | x |
| 2020-12-31 | $9.60 | $7.94 | x |
| 2021-12-31 | $11.10 | $7.94 | x |
| 2022-12-31 | $15.09 | $7.94 | x |
| 2023-12-31 | $18.40 | $7.94 | x |
| 2024-12-31 | $18.06 | $7.94 | x |
| 2025-12-31 | $20.05 | $7.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parex Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.95%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.20x
- Recent ROE (13.31%) is above the historical average (8.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.00x | 0.00x | $-253.20K |
| 2009 | -3.80% | -6478.08% | 0.00x | 1.07x | $-17.18 Million |
| 2010 | -7.26% | -446.17% | 0.01x | 1.14x | $-31.83 Million |
| 2011 | 3.74% | 9.13% | 0.26x | 1.58x | $-26.15 Million |
| 2012 | 8.58% | 7.63% | 0.64x | 1.76x | $-6.62 Million |
| 2013 | 2.61% | 1.99% | 0.74x | 1.76x | $-35.83 Million |
| 2014 | -16.46% | -14.46% | 0.73x | 1.57x | $-174.84 Million |
| 2015 | -6.01% | -8.56% | 0.54x | 1.29x | $-118.81 Million |
| 2016 | -6.51% | -10.43% | 0.48x | 1.29x | $-117.82 Million |
| 2017 | 17.46% | 23.52% | 0.59x | 1.26x | $66.25 Million |
| 2018 | 31.65% | 41.72% | 0.56x | 1.36x | $275.60 Million |
| 2019 | 23.39% | 29.45% | 0.66x | 1.20x | $187.75 Million |
| 2020 | 7.41% | 16.91% | 0.38x | 1.15x | $-34.73 Million |
| 2021 | 21.75% | 28.67% | 0.59x | 1.28x | $163.74 Million |
| 2022 | 35.65% | 37.20% | 0.71x | 1.35x | $439.87 Million |
| 2023 | 23.49% | 32.47% | 0.59x | 1.24x | $263.77 Million |
| 2024 | 3.31% | 4.71% | 0.60x | 1.18x | $-122.45 Million |
| 2025 | 13.31% | 28.95% | 0.38x | 1.20x | $64.61 Million |
Industry Comparison
This section compares Parex Resources Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parex Resources Inc (PARXF) | $1.95 Billion | 0.00% | 0.20x | $748.26 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |