Jeff Meunier - Parex Resources New VP

PARXF Stock  USD 10.79  0.18  1.70%   

Insider

Jeff Meunier is New VP of Parex Resources
Phone403 265 4800
Webhttps://www.parexresources.com

Parex Resources Management Efficiency

The company has return on total asset (ROA) of 0.2561 % which means that it generated a profit of $0.2561 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3222 %, meaning that it generated $0.3222 on every $100 dollars invested by stockholders. Parex Resources' management efficiency ratios could be used to measure how well Parex Resources manages its routine affairs as well as how well it operates its assets and liabilities.
Parex Resources has accumulated 6.45 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Parex Resources has a current ratio of 1.77, which is within standard range for the sector. Debt can assist Parex Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Parex Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parex Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parex to invest in growth at high rates of return. When we think about Parex Resources' use of debt, we should always consider it together with cash and equity.

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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 [PARXF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Parex Resources Leadership Team

Elected by the shareholders, the Parex Resources' board of directors comprises two types of representatives: Parex Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Parex. The board's role is to monitor Parex Resources' management team and ensure that shareholders' interests are well served. Parex Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Parex Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Furlan, Chief Officer
Ryan Fowler, Sr Devel
Daniel Ferreiro, Pres Mang
Joshua Share, Sr Services
Imad Mohsen, CEO Pres
Michael Kruchten, Vice President - Corporate Planning and Investor Relations
Jeff Meunier, New VP
Cam Grainger, Controller
Kenneth Pinsky, CFO, Corporate Secretary

Parex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Parex Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Parex Pink Sheet

Parex Resources financial ratios help investors to determine whether Parex Pink Sheet 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.