Parex Historical Income Statement

PXT Stock

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Historical analysis of Parex Resources income statement accounts such as EBIT of 243.1 M, Ebitda of 369.9 M, Total Operating Expenses of 131.1 M or Income Before Tax of 477 M can show how well Parex Resources performed in making a profits. Evaluating Parex Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Parex Resources's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Parex Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Parex Resources is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parex Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Parex Income Statement Analysis

Parex Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Parex Resources shareholders. The income statement also shows Parex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Parex Resources Income Statement Chart

At this time, Parex Resources' Cost Of Revenue is very stable compared to the past year. As of the 16th of December 2024, Net Income From Continuing Ops is likely to grow to about 482.3 M, while Interest Expense is likely to drop about 184.3 K.

Selling General Administrative Other Operating Expenses Total Operating Expenses Total Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Parex Resources. It is also known as Parex Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Total Revenue

Total revenue comprises all receipts Parex Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Parex Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Parex Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Parex Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Revenue	1.1B	1.6B	1.2B	751.7M
Depreciation And Amortization	121.4M	149.4M	194.2M	135.3M

Total Revenue Depreciation And Amortization

Parex Resources income statement Correlations

	Interest Expense	Selling General Administrative	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Depreciation And Amortization	Total Revenue	Gross Profit	Cost Of Revenue	Total Other Income Expense Net	Income Tax Expense	Selling And Marketing Expenses	Discontinued Operations	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.59	0.31	-0.51	-0.4	-0.24	0.51	-0.51	-0.54	0.6	-0.17	-0.39	0.19	0.11	-0.28	0.69	-0.37	-0.54	-0.41	-0.49	0.02	-0.5
Selling General Administrative	0.59		0.72	-0.21	0.0	0.12	0.94	-0.18	-0.25	0.53	0.26	-0.03	0.53	-0.16	0.09	0.53	0.35	-0.3	0.08	-0.29	-0.04	-0.31
Other Operating Expenses	0.31	0.72		0.4	0.57	0.7	0.71	0.44	0.35	0.71	0.79	0.56	0.97	-0.38	0.53	-0.08	0.48	0.31	0.5	0.2	0.06	0.2
Operating Income	-0.51	-0.21	0.4		0.86	0.84	-0.1	0.94	0.98	0.17	0.82	0.98	0.54	-0.42	0.47	-0.79	0.58	0.98	0.55	0.87	0.45	0.84
Ebit	-0.4	0.0	0.57	0.86		0.98	-0.02	0.95	0.89	0.15	0.93	0.87	0.7	-0.22	0.79	-0.69	0.55	0.88	0.83	0.55	0.28	0.63
Ebitda	-0.24	0.12	0.7	0.84	0.98		0.11	0.91	0.84	0.37	0.98	0.88	0.81	-0.31	0.75	-0.63	0.53	0.83	0.77	0.55	0.27	0.65
Total Operating Expenses	0.51	0.94	0.71	-0.1	-0.02	0.11		-0.13	-0.16	0.56	0.26	0.09	0.5	-0.3	-0.02	0.49	0.42	-0.21	-0.02	-0.1	0.09	-0.2
Income Before Tax	-0.51	-0.18	0.44	0.94	0.95	0.91	-0.13		0.97	0.06	0.85	0.92	0.6	-0.2	0.71	-0.82	0.54	0.97	0.77	0.68	0.33	0.69
Net Income	-0.54	-0.25	0.35	0.98	0.89	0.84	-0.16	0.97		0.05	0.8	0.94	0.49	-0.27	0.52	-0.8	0.55	1.0	0.61	0.8	0.48	0.77
Depreciation And Amortization	0.6	0.53	0.71	0.17	0.15	0.37	0.56	0.06	0.05		0.48	0.31	0.67	-0.45	0.02	0.08	0.08	0.03	-0.07	0.2	0.06	0.28
Total Revenue	-0.17	0.26	0.79	0.82	0.93	0.98	0.26	0.85	0.8	0.48		0.89	0.87	-0.41	0.68	-0.55	0.6	0.78	0.71	0.58	0.27	0.66
Gross Profit	-0.39	-0.03	0.56	0.98	0.87	0.88	0.09	0.92	0.94	0.31	0.89		0.66	-0.51	0.48	-0.69	0.64	0.93	0.56	0.85	0.46	0.8
Cost Of Revenue	0.19	0.53	0.97	0.54	0.7	0.81	0.5	0.6	0.49	0.67	0.87	0.66		-0.37	0.64	-0.28	0.44	0.47	0.61	0.3	0.05	0.33
Total Other Income Expense Net	0.11	-0.16	-0.38	-0.42	-0.22	-0.31	-0.3	-0.2	-0.27	-0.45	-0.41	-0.51	-0.37		0.14	0.09	-0.45	-0.25	0.09	-0.56	-0.2	-0.55
Income Tax Expense	-0.28	0.09	0.53	0.47	0.79	0.75	-0.02	0.71	0.52	0.02	0.68	0.48	0.64	0.14		-0.57	0.28	0.52	0.97	0.06	-0.24	0.17
Selling And Marketing Expenses	0.69	0.53	-0.08	-0.79	-0.69	-0.63	0.49	-0.82	-0.8	0.08	-0.55	-0.69	-0.28	0.09	-0.57		-0.33	-0.81	-0.62	-0.65	0.01	-0.69
Discontinued Operations	-0.37	0.35	0.48	0.58	0.55	0.53	0.42	0.54	0.55	0.08	0.6	0.64	0.44	-0.45	0.28	-0.33		0.5	0.45	0.49	0.2	0.44
Net Income From Continuing Ops	-0.54	-0.3	0.31	0.98	0.88	0.83	-0.21	0.97	1.0	0.03	0.78	0.93	0.47	-0.25	0.52	-0.81	0.5		0.6	0.8	0.49	0.77
Tax Provision	-0.41	0.08	0.5	0.55	0.83	0.77	-0.02	0.77	0.61	-0.07	0.71	0.56	0.61	0.09	0.97	-0.62	0.45	0.6		0.16	-0.18	0.25
Interest Income	-0.49	-0.29	0.2	0.87	0.55	0.55	-0.1	0.68	0.8	0.2	0.58	0.85	0.3	-0.56	0.06	-0.65	0.49	0.8	0.16		0.52	0.9
Net Interest Income	0.02	-0.04	0.06	0.45	0.28	0.27	0.09	0.33	0.48	0.06	0.27	0.46	0.05	-0.2	-0.24	0.01	0.2	0.49	-0.18	0.52		0.32
Reconciled Depreciation	-0.5	-0.31	0.2	0.84	0.63	0.65	-0.2	0.69	0.77	0.28	0.66	0.8	0.33	-0.55	0.17	-0.69	0.44	0.77	0.25	0.9	0.32

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Parex Resources Account Relationship Matchups

Parex Resources income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	99K	54K	7K	80K	194K	184.3K
Selling General Administrative	150.9M	104.7M	122.6M	131.6M	61.1M	58.0M
Other Operating Expenses	581.3M	394.8M	524.1M	759.0M	371.5M	424.5M
Operating Income	533.7M	192.3M	529.1M	889.2M	798.4M	838.3M
Ebit	503.8M	173.4M	503.8M	803.2M	454.4M	243.1M
Ebitda	629.7M	287.2M	625.2M	952.6M	648.7M	369.9M
Total Operating Expenses	155.5M	109.8M	126.5M	136.8M	91.4M	131.1M
Income Before Tax	503.7M	173.4M	503.8M	803.2M	454.2M	477.0M
Net Income	328.0M	99.3M	303.1M	611.4M	459.3M	482.3M
Depreciation And Amortization	125.9M	113.8M	121.4M	149.4M	194.2M	135.3M
Total Revenue	1.1B	587.5M	1.1B	1.6B	1.2B	751.7M
Gross Profit	687.8M	302.6M	659.6M	1.0B	889.8M	934.3M
Cost Of Revenue	425.8M	284.9M	397.5M	622.2M	280.0M	313.0M
Total Other Income Expense Net	(28.3M)	(138.3M)	(154.6M)	(236.0M)	(344.2M)	(326.9M)
Income Tax Expense	175.7M	74.0M	200.7M	191.8M	(5.1M)	(4.8M)
Net Income From Continuing Ops	328.0M	99.3M	303.1M	611.4M	459.3M	482.3M
Net Income Applicable To Common Shares	328.0M	99.3M	303.1M	611.4M	703.1M	738.2M
Tax Provision	175.7M	74.0M	200.7M	191.8M	(5.1M)	(4.8M)
Interest Income	7.3M	2.1M	1.6M	8.9M	14.5M	15.2M
Net Interest Income	1.6M	(4.7M)	(4.0M)	4.6M	6.6M	6.9M
Reconciled Depreciation	125.9M	113.8M	121.4M	149.4M	194.2M	142.5M

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 together with Parex Stock

0.82	ENB-PFV	Enbridge Pref 5	Pair Corr
0.88	ENS	E Split Corp	Pair Corr
0.88	ENS-PA	E Split Corp	Pair Corr

Moving against Parex Stock

0.85	ARA	Aclara Resources	Pair Corr
0.73	RCI-A	Rogers Communications	Pair Corr
0.62	CCL-A	CCL Industries	Pair Corr
0.45	SAGE	Sage Potash Corp	Pair Corr

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.

Pair Correlation Correlation Matching

Other Information on Investing in Parex Stock

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Parex Historical Income Statement

About Parex Income Statement Analysis

Parex Resources Income Statement Chart

Other Operating Expenses

Total Operating Expenses

Total Revenue

Parex Resources income statement Correlations

Parex Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Parex Resources income statement Accounts

Pair Trading with Parex Resources

Moving together with Parex Stock

Moving against Parex Stock

Other Information on Investing in Parex Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Net Income
Net Income	+ 0.98	Operating Income
Gross Profit	+ 0.98	Operating Income
Net Income From Continuing Ops	+ 0.98	Operating Income
Ebitda	+ 0.98	Ebit
Total Revenue	+ 0.98	Ebitda

Selling And Marketing Expenses	- 0.82	Income Before Tax
Net Income From Continuing Ops	- 0.81	Selling And Marketing Expenses
Selling And Marketing Expenses	- 0.8	Net Income
Selling And Marketing Expenses	- 0.79	Operating Income
Reconciled Depreciation	- 0.69	Selling And Marketing Expenses
Selling And Marketing Expenses	- 0.69	Gross Profit