PARXF (Parex Resources) Tax Rate % : 1.26% (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is Parex Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Parex Resources's Tax Expense for the three months ended in Dec. 2024 was $-1 Mil. Parex Resources's Pre-Tax Income for the three months ended in Dec. 2024 was $-70 Mil. Therefore, Parex Resources's Tax Rate % for the quarter that ended in Dec. 2024 was 1.26%.

Parex Resources Tax Rate % Historical Data

The historical data trend for Parex Resources's Tax Rate % 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 Tax Rate % Chart

Parex Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

Get a 7-Day Free Trial

42.70

39.84

23.88

-1.12

80.38

Parex Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-158.00	55.78	97.15	39.39	1.26

Parex Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Parex Resources's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	248.592	/	309.272
	=	80.38 %

Parex Resources's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-0.88	/	-69.931
	=	1.26 %

Parex Resources Tax Rate % Related Terms

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

Parex Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (OTCPK:PARXF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

QPX:Germany PXT:Canada

Address

585 - 8th Avenue SW, Suite 2700, Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1

Website

https://www.parexresources.com

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.