Parex Resources (Parex Resources) Other Income (Expense) : $-148 Mil (TTM As of Dec. 2023)

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What is Parex Resources Other Income (Expense)?

Parex Resources's other income expense for the Parex Resources's pretax income for the three months ended in Dec. 2023 was $-85 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-148 Mil.

Parex Resources Other Income (Expense) Historical Data

The historical data trend for Parex Resources's Other Income (Expense) 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 Other Income (Expense) Chart

Parex Resources Annual Data

Trend

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Dec20

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Dec22

Dec23

Other Income (Expense)

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-29.93

-18.86

-25.32

-85.99

-148.03

Parex Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Income (Expense)	Get a 7-Day Free Trial															-23.76	-10.27	-48.06	-4.69	-85.01

Parex Resources Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) 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 $-148 Mil.

Parex Resources (OTCPK:PARXF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Parex Resources (Parex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (OTCPK:PARXF) » Definitions » Other Income (Expense)

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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.