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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Parex Resources's Debt-to-Equity or its related term are showing as below:
PARXF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.34
Current: 0.34
During the past 13 years, the highest Debt-to-Equity Ratio of Parex Resources was 0.34. The lowest was 0.00. And the median was 0.00.
PARXF's Debt-to-Equity is ranked better than 58.27% of 810
companies
in the Oil & Gas industry
Industry Median: 0.45
vs PARXF: 0.34
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Parex Resources Debt-to-Equity Related Terms
Parex Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Parex Resources's Debt-to-Equity 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.
PARXF vs COP, EOG, FANG: Debt-to-Equity Comparison
For the Oil & Gas E&P subindustry, Parex Resources's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Parex Resources Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Parex Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Parex Resources's Debt-to-Equity falls into.
* 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.
Parex Resources (PARXF) has a Debt-to-Equity of 0.34 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Parex Resources and its competitors. According to the industry distribution chart, Parex Resources ranks #338 out of 810 companies in the Oil & Gas industry, placing it in the top 41.7%.
Is Parex Resources' Debt-to-Equity too high?
Parex Resources' current Debt-to-Equity is 0.34. The Oil & Gas industry median Debt-to-Equity is 0.45. Parex Resources' value of 0.34 is 24.4% below this industry median. Based on the distribution chart, Parex Resources ranks #338 out of 810 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Parex Resources has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parex Resources' Debt-to-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Parex Resources ranks #338 out of 810 companies for Debt-to-Equity. This puts Parex Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.45. Parex Resources' value of 0.34 is 24.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 810 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parex Resources's current Debt-to-Equity of 0.34 is 24.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Parex Resources and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parex Resources's current Debt-to-Equity is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parex Resources stock overvalued right now?
Based on GuruFocus' analysis, Parex Resources (PARXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $16.61, compared to a current price of $19.55 — trading 17.7% above its estimated fair value. The current Debt-to-Equity is 0.34 and 24.4% below the Oil & Gas industry median of 0.45. Parex Resources' overall GF Score™ is 88/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Parex Resources (PARXF), the current Debt-to-Equity is 0.34 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 Parex Resources (PARXF) Overvalued in 2026?
Based on GuruFocus' analysis, Parex Resources stock appears to be overvalued.
The current stock price of $19.55 is trading 17.7% above its estimated GF Value™ of $16.61.
GuruFocus considers Parex Resources to be Modestly Overvalued.
Key valuation signals for PARXF:
Debt-to-Equity: 0.34
GF Value™: $16.61 vs. price of $19.55 (17.7% above fair value)
Industry Position: 24.4% below the Oil & Gas median (#338 of 810)
No single metric tells the full story. See the PARXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The company's operating segments are Columbia, its key revenue-generating segment, and Canada.
88GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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