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PARXF (Parex Resources) Pre-Tax Income : $309 Mil (TTM As of Dec. 2024)


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What is Parex Resources Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Parex Resources's pretax income for the three months ended in Dec. 2024 was $-70 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $309 Mil. Parex Resources's pretax margin was -24.93%.

During the past 13 years, Parex Resources's highest Pretax Margin was 52.63%. The lowest was -15.96%. And the median was 30.92%.


Parex Resources Pre-Tax Income Historical Data

The historical data trend for Parex Resources's Pre-Tax Income 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 Pre-Tax Income Chart

Parex Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.35 503.82 803.17 454.24 309.27

Parex Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income 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 51.85 135.91 134.73 108.56 -69.93

Competitive Comparison of Parex Resources's Pre-Tax Income

For the Oil & Gas E&P subindustry, Parex Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parex Resources's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Parex Resources's Pre-Tax Income falls into.


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Parex Resources Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Parex Resources's Pretax Income for the fiscal year that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=469.428+-155.336+-4.363+4.315+-4.772
=309

Parex Resources's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=75.247+-146.084+-0.746+0.998+0.654
=-70

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $309 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  (OTCPK:PARXF) Pre-Tax Income Explanation

Parex Resources's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-69.931/280.563
=-24.93%

During the past 13 years, Parex Resources's highest Pretax Margin was 52.63%. The lowest was -15.96%. And the median was 30.92%.

* 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 Pre-Tax Income Related Terms

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Parex Resources Business Description

Traded in Other Exchanges
Address
585 - 8th Avenue SW, Suite 2700, Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in 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 operating segments of the company are; Columbia which is also its key revenue generating segment, and Canada.

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