Parex Resources Financials

Parex Resources Stock Summary

Parex Resources competes with Surge Energy, Touchstone Exploration, PetroTal Corp, Gulf Keystone, and Condor Petroleum. Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. Parex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 371 people.

Parex Resources Key Financial Ratios

There are many critical financial ratios that Parex Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Parex Resources reports annually and quarterly.

Parex Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Parex Resources's current stock value. Our valuation model uses many indicators to compare Parex Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parex Resources competition to find correlations between indicators driving Parex Resources's intrinsic value. More Info.Parex Resources is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.79  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Parex Resources is roughly  1.26 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Parex Resources' earnings, one of the primary drivers of an investment's value.

Parex Resources Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Parex Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Parex Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Parex Resources based on widely used predictive technical indicators. In general, we focus on analyzing Parex Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Parex Resources's daily price indicators and compare them against related drivers.

When running Parex Resources' price analysis, check to measure Parex Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parex Resources is operating at the current time. Most of Parex Resources' value examination focuses on studying past and present price action to predict the probability of Parex Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parex Resources' price. Additionally, you may evaluate how the addition of Parex Resources to your portfolios can decrease your overall portfolio volatility.