Cash flow Parex Resources Inc.

Stocks

PXT

CA69946Q1046

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-07-20 EDT			5-day change	1st Jan Change
22.58 ^CAD	-0.09%		+1.26%	+22.38%

07-06	Parex Resources Inc. Reiterates Production Guidance for Second Half of 2026 and Full Year 2026	CI
07-06	Parex Resources Inc. Reports Production Results for the Month and Second Quarter Ended June 30, 2026	CI

aaf.Yo8S2XAficueVrOiNLiiloty4diWgehyvkwQUwumrJE.Kep8oBRl7JzRH_nsTe3X_rMrhZ7_s5o76wJDHV_M-agD1n_0RGrWna0Egw

Published financial data: PAREX RESOURCES INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	900M	1.31B	1.17B	1.08B	879M
Other Revenues, Total	-	-	-	7M	8.41M
Total Revenues	900M	1.31B	1.17B	1.09B	887M
Cost of Goods Sold, Total	172M	201M	280M	332M	309M
Gross Profit	729M	1.11B	890M	754M	579M
Selling General & Admin Expenses, Total	42.43M	51.22M	61.08M	68.91M	71.33M
Stock-Based Compensation (IS)	27.68M	19.13M	30.36M	1.46M	30.52M
Depreciation & Amortization - (IS)	121M	149M	194M	216M	200M
Impairment of Oil, Gas & Mineral Properties - (IS)	27M	103M	82.86M	54.08M	11.14M
Other Operating Expenses	3.62M	5.81M	8.7M	9.21M	9.12M
Other Operating Expenses, Total	222M	329M	377M	349M	323M
Operating Income	506M	781M	513M	404M	256M
Interest Expense, Total	-7K	-80K	-194K	-4.36M	-3.13M
Interest And Investment Income	1.61M	9.02M	14.52M	4.32M	4.37M
Net Interest Expenses	1.6M	8.94M	14.33M	-48K	1.24M
Currency Exchange Gains (Loss)	1.82M	17.4M	-5.49M	-5.45M	10.93M
Other Non Operating Income (Expenses)	-4.77M	-3.29M	-7.32M	-9.47M	-37.7M
EBT, Excl. Unusual Items	505M	804M	514M	389M	231M
Gain (Loss) On Sale Of Investments	-	-	-	-	4.62M
Gain (Loss) On Sale Of Assets	-138K	-	-	-	-500K
Asset Writedown	-	-	-59.68M	-78.42M	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-1.14M	-532K	-199K	-1.59M	-147K
EBT, Incl. Unusual Items	504M	803M	454M	309M	235M
Income Tax Expense	201M	192M	-5.07M	249M	-20.28M
Earnings From Continuing Operations	303M	611M	459M	60.68M	255M
Net Income to Company	303M	611M	459M	60.68M	255M
Net Income - (IS)	303M	611M	459M	60.68M	255M
Net Income to Common Incl Extra Items	303M	611M	459M	60.68M	255M
Net Income to Common Excl. Extra Items	303M	611M	459M	60.68M	255M
Per Share Items
Net EPS - Basic	2.42	5.38	4.32	0.6	2.62
Basic EPS - Continuing Operations	2.42	5.38	4.32	0.6	2.62
Basic Weighted Average Shares Outstanding	125M	114M	106M	101M	97.18M
Net EPS - Diluted	2.41	5.38	4.32	0.6	2.62
Diluted EPS - Continuing Operations	2.41	5.38	4.32	0.6	2.62
Diluted Weighted Average Shares Outstanding	126M	114M	106M	101M	97.22M
Normalized Basic EPS	2.52	4.42	3.02	2.4	1.48
Normalized Diluted EPS	2.51	4.42	3.02	2.4	1.48
Dividend Per Share	0.2	0.66	1.14	1.06	1.12
Payout Ratio	7.86	12.35	25.84	184.88	42.21
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	658M	1.04B	798M	682M	476M
EBITA	510M	786M	521M	413M	265M
EBIT	506M	781M	513M	404M	256M
EBITDAR	659M	1.04B	800M	685M	-
Total Revenues (As Reported)	900M	1.31B	1.17B	1.09B	887M
Effective Tax Rate - (Ratio)	39.84	23.88	-1.12	80.38	-8.64
Current Domestic Taxes	-	6.63M	5.34M	-3.12M	-427K
Current Foreign Taxes	110M	339M	150M	93.51M	33.93M
Total Current Taxes	110M	346M	156M	90.39M	33.5M
Deferred Domestic Taxes	171K	2.06M	-1.94M	3.8M	-3.18M
Deferred Foreign Taxes	90.47M	-156M	-159M	154M	-50.6M
Total Deferred Taxes	90.64M	-154M	-161M	158M	-53.78M
Normalized Net Income	316M	502M	321M	243M	144M
Interest on Long-Term Debt	7K	80K	194K	189K	365K
Supplemental Operating Expense Items
General and Administrative Expenses	42.43M	51.22M	61.08M	68.91M	71.33M
Net Rental Expense, Total	1.5M	1.3M	2.2M	2.1M	-
Imputed Operating Lease Interest Expense	21.96K	140K	66.09K	907K	-
Imputed Operating Lease Depreciation	1.48M	1.16M	2.13M	1.19M	-
Stock-Based Comp., Other (Total)	27.68M	19.13M	30.36M	1.46M	30.52M
Total Stock-Based Compensation	27.68M	19.13M	30.36M	1.46M	30.52M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	378M	419M	140M	98.02M	58.33M
Short Term Investments	-	-	-	-	45.09M
Total Cash And Short Term Investments	378M	419M	140M	98.02M	103M
Accounts Receivable, Total	180M	113M	106M	77.11M	72.32M
Other Receivables	2.35M	4.78M	41.95M	39.18M	74.38M
Total Receivables	182M	118M	148M	116M	147M
Inventory	1.38M	4.63M	4.25M	2.02M	4.33M
Prepaid Expenses	12.17M	52.01M	44.99M	29.04M	13.36M
Restricted Cash	-	-	-	581K	5.42M
Other Current Assets, Total	-	-	-	-	776K
Total Current Assets	574M	594M	337M	246M	274M
Gross Property Plant And Equipment	2.79B	3.18B	3.62B	3.9B	4.22B
Accumulated Depreciation	-1.66B	-1.81B	-2.07B	-2.36B	-2.56B
Net Property Plant And Equipment	1.13B	1.37B	1.55B	1.54B	1.66B
Goodwill	73.45M	73.45M	73.45M	73.45M	73.45M
Deferred Tax Assets Long-Term	6.86M	111M	247M	88.48M	142M
Other Long-Term Assets, Total	-	165M	208M	211M	190M
Total Assets	1.78B	2.31B	2.42B	2.16B	2.34B
Liabilities
Accounts Payable, Total	201M	306M	229M	160M	212M
Accrued Expenses, Total	952K	1.25M	25.35M	13.32M	25.24M
Current Portion of Leases	567K	755K	734K	581K	1.33M
Current Income Taxes Payable	39.81M	194M	-	-	-
Other Current Liabilities	6.21M	6.75M	3M	12.87M	7.32M
Total Current Liabilities	248M	509M	258M	187M	246M
Long-Term Debt	-	-	90M	60M	33M
Long-Term Leases	4.51M	6.08M	5.74M	4.62M	7.81M
Deferred Tax Liability Non Current	75.17M	24.98M	-	-	-
Other Non Current Liabilities	62.59M	59.7M	106M	72.57M	101M
Total Liabilities	391M	599M	460M	324M	388M
Common Stock, Total	732M	683M	661M	633M	621M
Additional Paid In Capital	24.53M	20.33M	19.25M	20.02M	20.74M
Retained Earnings	637M	1.01B	1.28B	1.18B	1.31B
Total Common Equity	1.39B	1.71B	1.96B	1.83B	1.95B
Total Equity	1.39B	1.71B	1.96B	1.83B	1.95B
Total Liabilities And Equity	1.78B	2.31B	2.42B	2.16B	2.34B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	118M	108M	103M	97.99M	95.97M
ECS Total Common Shares Outstanding	120M	109M	104M	98.34M	95.97M
Book Value / Share	11.59	15.72	18.84	18.62	20.35
Tangible Book Value	1.32B	1.64B	1.88B	1.76B	1.88B
Tangible Book Value Per Share	10.98	15.04	18.13	17.88	19.58
Total Debt	5.08M	6.83M	96.47M	65.2M	42.14M
Net Debt	-373M	-412M	-43.88M	-32.82M	-61.27M
Debt Equivalent Oper. Leases	12M	10.4M	17.6M	16.8M	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	1.38M	4.63M	4.25M	2.02M	4.33M
Full Time Employees	371	428	449	448	461

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	303M	611M	459M	60.68M	255M
Depreciation & Amortization - CF	121M	149M	194M	216M	200M
Amortization of Goodwill and Intangible Assets - (CF)	3.62M	5.81M	8.7M	9.21M	9.12M
Impairment of Oil, Gas & Mineral Properties - (CF)	27M	103M	82.86M	54.08M	11.14M
Depreciation & Amortization, Total	152M	259M	286M	279M	221M
(Gain) Loss From Sale Of Asset	138K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-4.62M
Asset Writedown & Restructuring Costs	-	-	59.68M	78.42M	-
Provision for Credit Losses	323K	-	-	-	-
Stock-Based Compensation (CF)	27.68M	19.13M	30.36M	1.46M	30.52M
Provision and Write-off of Bad Debts	-	-557K	-421K	67K	3.39M
Other Operating Activities, Total	94.28M	-164M	-167M	203M	-50.05M
Change in Other Net Operating Assets	-43.24M	259M	-291M	-52.32M	-30.23M
Cash from Operations	534M	984M	376M	570M	425M
Capital Expenditure	-277M	-512M	-483M	-348M	-326M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-40.47M
Other Investing Activities, Total	48.19M	-126M	-52.17M	-44.55M	62.73M
Cash from Investing	-229M	-638M	-536M	-392M	-304M
Long-Term Debt Issued, Total	-	-	90M	-	-
Total Debt Issued	-	-	90M	-	-
Long-Term Debt Repaid, Total	-741K	-685K	-712K	-30.68M	-27.75M
Total Debt Repaid	-741K	-685K	-712K	-30.68M	-27.75M
Issuance of Common Stock	14.51M	5.66M	3.83M	309K	-
Repurchase of Common Stock	-218M	-221M	-105M	-73.79M	-26.51M
Common Dividends Paid	-23.82M	-75.49M	-119M	-112M	-108M
Common & Preferred Stock Dividends Paid	-23.82M	-75.49M	-119M	-112M	-108M
Special Dividend Paid	-23.82M	-	-	-	-
Other Financing Activities, Total	-	-	-	1.45M	-932K
Cash from Financing	-252M	-292M	-131M	-215M	-163M
Foreign Exchange Rate Adjustments	-5.13M	-12.86M	14.58M	-4.9M	4.31M
Net Change in Cash	47.77M	40.66M	-275M	-42.12M	-37.84M
Supplemental Items
Cash Interest Paid	-	-	-	4.26M	2.75M
Cash Income Tax Paid (Refund)	-	-	245M	-	1.18M
Levered Free Cash Flow	261M	535M	-120M	160M	119M
Unlevered Free Cash Flow	261M	535M	-119M	163M	121M
Change In Net Working Capital	-42.33M	-281M	273M	22.55M	-36.02M
Net Debt Issued / Repaid	-741K	-685K	89.29M	-30.68M	-27.75M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	19.04	23.81	13.55	11.06	7.13
Return on Total Capital	23.09	31.27	16.98	12.8	8.23
Return On Equity %	22.17	39.33	25.03	3.2	13.48
Return on Common Equity	22.17	39.33	25.03	3.2	13.48
Margin Analysis
Gross Profit Margin %	80.93	84.65	76.06	69.42	65.23
SG&A Margin	4.71	3.91	5.22	6.35	8.04
EBITDA Margin %	73.07	79.23	68.18	62.87	53.59
EBITA Margin %	56.66	60	44.56	38.09	29.91
EBIT Margin %	56.26	59.56	43.82	37.24	28.89
Income From Continuing Operations Margin %	33.67	46.64	39.26	5.59	28.74
Net Income Margin %	33.67	46.64	39.26	5.59	28.74
Net Avail. For Common Margin %	33.67	46.64	39.26	5.59	28.74
Normalized Net Income Margin	35.07	38.32	27.47	22.41	16.26
Levered Free Cash Flow Margin	29.03	40.78	-10.22	14.76	13.43
Unlevered Free Cash Flow Margin	29.03	40.79	-10.21	15.01	13.65
Asset Turnover
Asset Turnover	0.54	0.64	0.49	0.48	0.39
Fixed Assets Turnover	0.85	1.06	0.8	0.7	0.56
Receivables Turnover (Average Receivables)	6.93	8.95	10.69	11.81	11.77
Inventory Turnover (Average Inventory)	104.02	66.85	63.02	105.86	97.29
Short Term Liquidity
Current Ratio	2.31	1.17	1.31	1.32	1.11
Quick Ratio	2.26	1.06	1.12	1.15	1.02
Operating Cash Flow to Current Liabilities	2.15	1.93	1.46	3.06	1.73
Days Sales Outstanding (Average Receivables)	52.7	40.79	34.13	31	31.02
Days Outstanding Inventory (Average Inventory)	3.51	5.46	5.79	3.46	3.75
Average Days Payable Outstanding	323.75	452.45	339.27	215.83	218.26
Cash Conversion Cycle (Average Days)	-267.54	-406.19	-299.34	-181.37	-183.49
Long Term Solvency
Total Debt/Equity	0.36	0.4	4.93	3.56	2.16
Total Debt / Total Capital	0.36	0.4	4.7	3.44	2.11
LT Debt/Equity	0.32	0.35	4.9	3.53	2.09
Long-Term Debt / Total Capital	0.32	0.35	4.67	3.41	2.05
Total Liabilities / Total Assets	21.89	25.9	19.04	15.02	16.58
EBIT / Interest Expense	72.35K	9.76K	2.64K	92.65	81.91
EBITDA / Interest Expense	94.07K	12.99K	4.12K	156.61	152.41
(EBITDA - Capex) / Interest Expense	54.46K	6.59K	1.62K	76.92	48.16
Total Debt / EBITDA	0.01	0.01	0.12	0.1	0.09
Net Debt / EBITDA	-0.57	-0.4	-0.05	-0.05	-0.13
Total Debt / (EBITDA - Capex)	0.01	0.01	0.31	0.19	0.28
Net Debt / (EBITDA - Capex)	-0.98	-0.78	-0.14	-0.1	-0.41
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	69.25	45.6	-10.75	-7.24	-18.25
Gross Profit, 1 Yr. Growth %	103.96	52.29	-19.8	-15.34	-23.19
EBITDA, 1 Yr. Growth %	114.31	57.87	-23.2	-14.48	-30.31
EBITA, 1 Yr. Growth %	171.64	54.19	-33.71	-20.76	-35.79
EBIT, 1 Yr. Growth %	175.77	54.14	-34.34	-21.21	-36.58
Earnings From Cont. Operations, 1 Yr. Growth %	205.17	101.7	-24.87	-86.79	320.37
Net Income, 1 Yr. Growth %	205.17	101.7	-24.87	-86.79	320.37
Normalized Net Income, 1 Yr. Growth %	176.76	59.12	-36.03	-24.28	-41
Diluted EPS Before Extra, 1 Yr. Growth %	239.44	123.24	-19.7	-86.15	337.88
Accounts Receivable, 1 Yr. Growth %	124.28	-37.05	-6.67	-27	-6.21
Inventory, 1 Yr. Growth %	-27.68	234.51	-8.18	-52.59	114.53
Net Property, Plant and Equip., 1 Yr. Growth %	15.03	24.1	13.03	-0.87	8.14
Total Assets, 1 Yr. Growth %	15.78	29.71	4.36	-10.78	8.63
Tangible Book Value, 1 Yr. Growth %	4.2	24.34	14.65	-6.59	6.92
Common Equity, 1 Yr. Growth %	3.97	23.05	14.02	-6.35	6.64
Cash From Operations, 1 Yr. Growth %	84.23	84.09	-61.73	51.38	-25.47
Capital Expenditures, 1 Yr. Growth %	96.25	88.17	-5.64	-28.06	-6.16
Levered Free Cash Flow, 1 Yr. Growth %	303.52	100.72	-122.37	-233.78	-25.61
Unlevered Free Cash Flow, 1 Yr. Growth %	303.32	100.73	-122.35	-236.7	-25.65
Dividend Per Share, 1 Yr. Growth %	-	232.87	72.72	-6.38	5.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.04	56.98	14	-8.99	-12.92
Gross Profit, 2 Yr. CAGR %	0.26	76.24	10.51	-17.58	-19.36
EBITDA, 2 Yr. CAGR %	-0.32	83.94	10.11	-18.93	-22.8
EBITA, 2 Yr. CAGR %	-0.4	104.65	1.1	-27.49	-28.67
EBIT, 2 Yr. CAGR %	-0.31	106.17	0.61	-28.04	-29.31
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.87	148.1	23.1	-68.5	-25.48
Net Income, 2 Yr. CAGR %	-3.87	148.1	23.1	-68.5	-25.48
Normalized Net Income, 2 Yr. CAGR %	0.08	109.85	0.89	-30.4	-32.99
Diluted EPS Before Extra, 2 Yr. CAGR %	4.66	175.27	33.89	-66.65	-22.12
Accounts Receivable, 2 Yr. CAGR %	11.91	18.82	-23.35	-17.46	-17.26
Inventory, 2 Yr. CAGR %	45.64	55.54	75.26	-34.02	0.85
Net Property, Plant and Equip., 2 Yr. CAGR %	8.15	18.15	18.43	5.85	3.54
Total Assets, 2 Yr. CAGR %	2.91	22.55	16.35	-3.5	-1.55
Tangible Book Value, 2 Yr. CAGR %	-0.33	13.82	19.39	3.48	-0.07
Common Equity, 2 Yr. CAGR %	-0.31	13.11	18.45	3.34	-0.06
Cash From Operations, 2 Yr. CAGR %	20.98	84.16	-16.06	-23.88	6.22
Capital Expenditures, 2 Yr. CAGR %	15.4	90.43	33.25	-17.61	-17.84
Levered Free Cash Flow, 2 Yr. CAGR %	62.68	187.31	-32.99	-45.25	-0.24
Unlevered Free Cash Flow, 2 Yr. CAGR %	62.63	187.24	-33.02	-44.79	0.81
Dividend Per Share, 2 Yr. CAGR %	-	-	139.78	27.16	-0.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.62	10.27	30.05	6.44	-12.19
Gross Profit, 3 Yr. CAGR %	2.66	15.25	35.56	1.14	-19.5
EBITDA, 3 Yr. CAGR %	1.85	16.19	37.48	1.24	-22.92
EBITA, 3 Yr. CAGR %	0.39	15.22	40.55	-6.76	-30.37
EBIT, 3 Yr. CAGR %	0.48	15.28	40.8	-7.24	-31.01
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.05	23.07	66.6	-41.5	-25.28
Net Income, 3 Yr. CAGR %	-9.05	23.07	66.6	-41.5	-25.28
Normalized Net Income, 3 Yr. CAGR %	-0.63	16.81	41.23	-8.31	-34.02
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.61	34.73	82.56	-37.15	-21.32
Accounts Receivable, 3 Yr. CAGR %	47.54	-7.62	9.63	-24.59	-13.87
Inventory, 3 Yr. CAGR %	-1.43	92.15	30.48	13.35	-2.25
Net Property, Plant and Equip., 3 Yr. CAGR %	7.74	12.38	16.42	11.61	6.61
Total Assets, 3 Yr. CAGR %	2.81	11.17	16.16	6.5	0.38
Tangible Book Value, 3 Yr. CAGR %	3.25	7.29	14.1	10.01	4.62
Common Equity, 3 Yr. CAGR %	3.06	6.94	13.41	9.53	4.43
Cash From Operations, 3 Yr. CAGR %	0.17	39.15	9.09	2.17	-24.41
Capital Expenditures, 3 Yr. CAGR %	-2.85	35	50.69	8.5	-13.96
Levered Free Cash Flow, 3 Yr. CAGR %	-6.77	75.59	22.69	-15.58	-39.36
Unlevered Free Cash Flow, 3 Yr. CAGR %	-6.77	75.56	22.63	-15.11	-39.03
Dividend Per Share, 3 Yr. CAGR %	-	-	-	75.25	19.54
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.97	20.58	7.03	2.12	10.78
Gross Profit, 5 Yr. CAGR %	29.26	23.6	5.73	0.79	10.14
EBITDA, 5 Yr. CAGR %	37.33	26.67	5.08	0.61	9.16
EBITA, 5 Yr. CAGR %	58.49	33.7	0.67	-4.27	7.17
EBIT, 5 Yr. CAGR %	57.15	33.5	0.53	-4.53	6.9
Earnings From Cont. Operations, 5 Yr. CAGR %	45.52	31.57	2.66	-28.64	20.76
Net Income, 5 Yr. CAGR %	45.52	31.57	2.66	-28.64	20.76
Normalized Net Income, 5 Yr. CAGR %	52.36	34.02	-0.02	-5.04	4.81
Diluted EPS Before Extra, 5 Yr. CAGR %	50.71	40.29	11.29	-22.93	29.84
Accounts Receivable, 5 Yr. CAGR %	63.33	31.88	13.54	-11.69	-2.04
Inventory, 5 Yr. CAGR %	-13.34	8.81	24.09	25.3	17.71
Net Property, Plant and Equip., 5 Yr. CAGR %	12.49	14.11	11.4	9.72	11.08
Total Assets, 5 Yr. CAGR %	14.2	15.58	8.02	5.05	8.72
Tangible Book Value, 5 Yr. CAGR %	15.57	15.04	9.43	5.75	8.21
Common Equity, 5 Yr. CAGR %	14.32	14.06	8.96	5.48	7.82
Cash From Operations, 5 Yr. CAGR %	28.24	28.11	-6.67	9.32	7.93
Capital Expenditures, 5 Yr. CAGR %	20.82	19.91	9.84	10.8	18.23
Levered Free Cash Flow, 5 Yr. CAGR %	18.82	44.34	-17.99	10.16	12.97
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.82	44.35	-18.01	10.52	13.33