Parex Resources (Parex Resources) Asset Impairment Charge : $143 Mil (TTM As of Dec. 2023)

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What is Parex Resources Asset Impairment Charge?

Parex Resources's Asset Impairment Charge for the three months ended in Dec. 2023 was $85 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Dec. 2023 was $143 Mil.

Parex Resources Asset Impairment Charge Historical Data

The historical data trend for Parex Resources's Asset Impairment Charge 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.

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Parex Resources Asset Impairment Charge Chart

Parex Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Asset Impairment Charge

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22.77

13.17

27.00

103.39

142.54

Parex Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Asset Impairment Charge	Get a 7-Day Free Trial															-	-	55.02	2.19	85.33

Parex Resources Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $143 Mil.

Parex Resources Asset Impairment Charge Related Terms

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Parex Resources (Parex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (OTCPK:PARXF) » Definitions » Asset Impairment Charge

Comparable Companies

Traded in Other Exchanges

QPX:Germany PXT:Canada

Address

2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1

Website

https://www.parexresources.com

Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.