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Parex Resources (Parex Resources) Enterprise Value : $1,770 Mil (As of May. 02, 2024)


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What is Parex Resources Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Parex Resources's Enterprise Value is $1,770 Mil. Parex Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $454 Mil. Therefore, Parex Resources's EV-to-EBIT ratio for today is 3.89.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Parex Resources's Enterprise Value is $1,770 Mil. Parex Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $649 Mil. Therefore, Parex Resources's EV-to-EBITDA ratio for today is 2.73.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Parex Resources's Enterprise Value is $1,770 Mil. Parex Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,415 Mil. Therefore, Parex Resources's EV-to-Revenue ratio for today is 1.25.


Parex Resources Enterprise Value Historical Data

The historical data trend for Parex Resources's Enterprise Value 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.

* Premium members only.

Parex Resources Enterprise Value Chart

Parex Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,269.22 1,473.38 1,681.52 1,209.35 1,911.20

Parex Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,209.35 1,619.15 1,990.08 1,940.15 1,911.20

Competitive Comparison of Parex Resources's Enterprise Value

For the Oil & Gas E&P subindustry, Parex Resources's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parex Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Parex Resources's Enterprise Value falls into.



Parex Resources Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Parex Resources's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Parex Resources's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (OTCPK:PARXF) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Parex Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1769.536/454.433
=3.89

Parex Resources's current Enterprise Value is $1,770 Mil.
Parex Resources's EBIT 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 $454 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Parex Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1769.536/648.662
=2.73

Parex Resources's current Enterprise Value is $1,770 Mil.
Parex Resources's EBITDA 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 $649 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Parex Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1769.536/1414.552
=1.25

Parex Resources's current Enterprise Value is $1,770 Mil.
Parex Resources's Revenue 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 $1,415 Mil.

* 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 Enterprise Value Related Terms

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Parex Resources (Parex Resources) Business Description

Traded in Other Exchanges
Address
2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
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.