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Parex Resources (TSX:PXT) 3-Year Revenue Growth Rate : 49.10% (As of Mar. 2024)


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What is Parex Resources 3-Year Revenue Growth Rate?

Parex Resources's Revenue per Share for the three months ended in Mar. 2024 was C$4.41.

During the past 12 months, Parex Resources's average Revenue per Share Growth Rate was -2.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 49.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 21.10% per year. During the past 10 years, the average Revenue per Share Growth Rate was 13.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Parex Resources was 1172.60% per year. The lowest was -13.60% per year. And the median was 22.05% per year.

Competitive Comparison of Parex Resources's 3-Year Revenue Growth Rate

For the Oil & Gas E&P subindustry, Parex Resources's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate 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 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Parex Resources's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Parex Resources's 3-Year Revenue Growth Rate falls into.


Parex Resources 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Parex Resources  (TSX:PXT) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Parex Resources 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Parex Resources's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Parex Resources (TSX:PXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (TSX:PXT) » Definitions » 3-Year Revenue Growth Rate
Comparable Companies
TSX:PEY TSX:NVA TSX:ATH TSX:TVE TSX:FRU TSX:VET TSX:BIR TSX:IPCO TSX:HWX TSX:AAV COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
PARXF:USA QPX:Germany
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.
Executives
Sigmund Cornelius Director

Parex Resources (TSX:PXT) Headlines

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