Parex Resources Stock Net Income
| PXT Stock | CAD 20.71 1.01 5.13% |
As of the 28th of January, Parex Resources holds the Coefficient Of Variation of 876.61, semi deviation of 2.32, and Risk Adjusted Performance of 0.0905. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parex Resources, as well as the relationship between them.
Parex Resources Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.2676 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 69.8 M | 66.3 M | |
| Net Income From Continuing Ops | 69.8 M | 66.3 M | |
| Net Income Applicable To Common Shares | 69.8 M | 66.3 M | |
| Net Income Per Share | 0.54 | 0.86 | |
| Net Income Per E B T | 0.23 | 0.21 |
Parex | Net Income |
Latest Parex Resources' Net Income Growth Pattern
Below is the plot of the Net Income of Parex Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Parex Resources financial statement analysis. It represents the amount of money remaining after all of Parex Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Parex Resources' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Parex Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 60.68 M | 10 Years Trend |
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Net Income |
| Timeline |
Parex Net Income Regression Statistics
| Arithmetic Mean | 142,586,347 | |
| Geometric Mean | 69,839,177 | |
| Coefficient Of Variation | 143.06 | |
| Mean Deviation | 165,204,696 | |
| Median | 66,292,900 | |
| Standard Deviation | 203,981,325 | |
| Sample Variance | 41608.4T | |
| Range | 720.1M | |
| R-Value | 0.46 | |
| Mean Square Error | 34801.4T | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 18,768,037 | |
| Total Sum of Squares | 665734.1T |
Parex Net Income History
Parex Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Parex Resources is extremely important. It helps to project a fair market value of Parex Stock properly, considering its historical fundamentals such as Net Income. Since Parex Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parex Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parex Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Parex Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Parex Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Parex Resources.
| 10/30/2025 |
| 01/28/2026 |
If you would invest 0.00 in Parex Resources on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Parex Resources or generate 0.0% return on investment in Parex Resources over 90 days. Parex Resources is related to or competes with Headwater Exploration, Birchcliff Energy, Vermilion Energy, Advantage Oil, Kelt Exploration, Cardinal Energy, and CES Energy. Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia More
Parex Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Parex Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Parex Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.74 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 3.58 |
Parex Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Parex Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Parex Resources' standard deviation. In reality, there are many statistical measures that can use Parex Resources historical prices to predict the future Parex Resources' volatility.| Risk Adjusted Performance | 0.0905 | |||
| Jensen Alpha | 0.2693 | |||
| Total Risk Alpha | 0.0334 | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | (0.51) |
Parex Resources January 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0905 | |||
| Market Risk Adjusted Performance | (0.50) | |||
| Mean Deviation | 1.61 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.74 | |||
| Coefficient Of Variation | 876.61 | |||
| Standard Deviation | 2.16 | |||
| Variance | 4.69 | |||
| Information Ratio | 0.0775 | |||
| Jensen Alpha | 0.2693 | |||
| Total Risk Alpha | 0.0334 | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | (0.51) | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (3.86) | |||
| Potential Upside | 3.58 | |||
| Downside Variance | 7.53 | |||
| Semi Variance | 5.39 | |||
| Expected Short fall | (1.50) | |||
| Skewness | (0.58) | |||
| Kurtosis | 0.4358 |
Parex Resources Backtested Returns
Parex Resources appears to be not too volatile, given 3 months investment horizon. Parex Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Parex Resources, which you can use to evaluate the volatility of the company. Please evaluate Parex Resources' Semi Deviation of 2.32, risk adjusted performance of 0.0905, and Coefficient Of Variation of 876.61 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Parex Resources holds a performance score of 11. The company holds a Beta of -0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Parex Resources are expected to decrease at a much lower rate. During the bear market, Parex Resources is likely to outperform the market. Please check Parex Resources' expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Parex Resources' historical price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Parex Resources has virtually no predictability. Overlapping area represents the amount of predictability between Parex Resources time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Parex Resources price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Parex Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Parex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Parex Resources reported net income of 60.68 M. This is 97.33% lower than that of the Oil, Gas & Consumable Fuels sector and 82.37% lower than that of the Energy industry. The net income for all Canada stocks is 89.37% higher than that of the company.
Parex Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parex Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parex Resources could also be used in its relative valuation, which is a method of valuing Parex Resources by comparing valuation metrics of similar companies.Parex Resources is currently under evaluation in net income category among its peers.
Parex Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Parex Resources from analyzing Parex Resources' financial statements. These drivers represent accounts that assess Parex Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Parex Resources' important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 2.1B | 1.7B | 2.0B | 1.0B | 924.7M | 1.0B | |
| Enterprise Value | 1.8B | 1.3B | 2.0B | 994.1M | 894.7M | 917.7M |
Parex Fundamentals
| Return On Equity | 0.0577 | ||||
| Return On Asset | 0.063 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | 1.81 B | ||||
| Shares Outstanding | 95.97 M | ||||
| Shares Owned By Insiders | 1.64 % | ||||
| Shares Owned By Institutions | 52.19 % | ||||
| Number Of Shares Shorted | 3.39 M | ||||
| Price To Earning | 21.98 X | ||||
| Price To Book | 0.72 X | ||||
| Price To Sales | 2.24 X | ||||
| Revenue | 1.29 B | ||||
| Gross Profit | 585.64 M | ||||
| EBITDA | 529.4 M | ||||
| Net Income | 60.68 M | ||||
| Cash And Equivalents | 98.02 M | ||||
| Cash Per Share | 3.50 X | ||||
| Total Debt | 64.62 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 1.81 X | ||||
| Book Value Per Share | 27.16 X | ||||
| Cash Flow From Operations | 569.91 M | ||||
| Short Ratio | 6.35 X | ||||
| Earnings Per Share | 1.62 X | ||||
| Price To Earnings To Growth | 1.96 X | ||||
| Target Price | 21.33 | ||||
| Number Of Employees | 448 | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 2.02 B | ||||
| Total Asset | 2.16 B | ||||
| Retained Earnings | 1.18 B | ||||
| Working Capital | 59.4 M | ||||
| Current Asset | 188.85 M | ||||
| Current Liabilities | 112.14 M | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 2.16 B | ||||
| Last Dividend Paid | 1.05 |
About Parex Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parex Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parex Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parex Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Parex Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Parex Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Parex Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Parex Stock
| 0.64 | ENS-PA | E Split Corp | PairCorr |
| 0.38 | SAGE | Sage Potash Corp | PairCorr |
| 0.38 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Parex Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parex Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Parex Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Parex Resources to buy it.
The correlation of Parex Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Parex Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parex Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Parex Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Parex Stock
Parex Resources financial ratios help investors to determine whether Parex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parex with respect to the benefits of owning Parex Resources security.