Parex Resources Management
Management criteria checks 3/4
Parex Resources' CEO is Imad Mohsen, appointed in Feb 2021, has a tenure of 4.17 years. total yearly compensation is $2.76M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$1.29M. The average tenure of the management team and the board of directors is 4.3 years and 8.5 years respectively.
Key information
Imad Mohsen
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 17.0% |
| CEO tenure | 4.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 8.5yrs |
Recent management updates
Recent updates
Parex Resources (TSE:PXT) Has A Pretty Healthy Balance Sheet
Apr 04
A Look At The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)
Feb 20Parex Resources Inc.'s (TSE:PXT) Business And Shares Still Trailing The Market
Jan 28
Enhanced Oil Recovery Will Stabilize Key Assets Like Llanos 34, Yet Projected Earnings May Decline
Jan 20 Focus on operational reliability and optimized performance could enhance margins and free funds flow, improving long-term financial stability.Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly
Nov 06Capital Allocation Trends At Parex Resources (TSE:PXT) Aren't Ideal
Oct 04Little Excitement Around Parex Resources Inc.'s (TSE:PXT) Earnings As Shares Take 35% Pounding
Aug 30Parex Resources' (TSE:PXT) Conservative Accounting Might Explain Soft Earnings
Aug 07Parex Resources (TSE:PXT) Has Announced A Dividend Of $0.385
Aug 05Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly
Jun 04The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet
Jan 28Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching
Jan 10Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital
Nov 28Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching
Oct 05Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate
Sep 20Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean
Aug 26Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts
Aug 04If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity
Jun 04Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)
May 10Is Parex Resources Inc. (TSE:PXT) Trading At A 30% Discount?
Apr 06Parex Resources (TSE:PXT) Is Increasing Its Dividend To $0.375
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | US$3m | US$470k | US$61m |
| Sep 30 2024 | n/a | n/a | US$264m |
| Jun 30 2024 | n/a | n/a | US$317m |
| Mar 31 2024 | n/a | n/a | US$415m |
| Dec 31 2023 | US$3m | US$509k | US$459m |
| Sep 30 2023 | n/a | n/a | US$575m |
| Jun 30 2023 | n/a | n/a | US$521m |
| Mar 31 2023 | n/a | n/a | US$563m |
| Dec 31 2022 | US$3m | US$480k | US$611m |
| Sep 30 2022 | n/a | n/a | US$457m |
| Jun 30 2022 | n/a | n/a | US$460m |
| Mar 31 2022 | n/a | n/a | US$408m |
| Dec 31 2021 | US$3m | US$399k | US$303m |
Compensation vs Market: Imad's total compensation ($USD2.76M) is above average for companies of similar size in the Canadian market ($USD1.84M).
Compensation vs Earnings: Imad's compensation has been consistent with company performance over the past year.
CEO
Imad Mohsen (50 yo)
4.2yrs
Tenure
US$2,758,842
Compensation
Mr. Imad Mohsen serves as President, Chief Executive Officer and Director at Parex Resources Inc. since February 4, 2021. He serves as Chief Operating Officer at Tulip Oil Netherlands B.V. He was Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$2.76m | 0.12% CA$ 1.3m | |
| Chief Financial Officer | less than a year | US$1.10m | 0.049% CA$ 544.2k | |
| Chief Operating Officer | 7.2yrs | US$1.29m | 0.12% CA$ 1.3m | |
| Senior Vice President of Capital Markets & Corporate Planning | 6.2yrs | US$1.07m | 0.061% CA$ 682.8k | |
| President & Country Manager of Parex Resources (Colombia) Ltd. | 4.3yrs | US$1.14m | 0.047% CA$ 519.8k | |
| Investor Relations & Communications Advisor | no data | no data | no data | |
| Senior Vice President of Corporate Services | 4.3yrs | no data | 0.017% CA$ 190.2k |
4.3yrs
Average Tenure
Experienced Management: PXT's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.2yrs | US$2.76m | 0.12% CA$ 1.3m | |
| Independent Director | 9.9yrs | US$154.39k | no data | |
| Independent Director | 15.6yrs | US$146.04k | 0.020% CA$ 227.6k | |
| Independent Chairman of the Board | 15.7yrs | US$188.46k | 1.09% CA$ 12.1m | |
| Vice Chair & Lead Independent Director | 8.5yrs | US$182.03k | 0.019% CA$ 215.9k | |
| Independent Director | 8.5yrs | US$153.33k | 0.035% CA$ 388.5k | |
| Independent Director | 4.9yrs | US$156.81k | 0.049% CA$ 545.3k | |
| Independent Director | 7.8yrs | US$160.65k | 0.0093% CA$ 103.3k | |
| Independent Director | 2.8yrs | US$142.91k | 0.0026% CA$ 28.9k |
8.5yrs
Average Tenure
66yo
Average Age
Experienced Board: PXT's board of directors are considered experienced (8.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/22 23:33 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Parex Resources Inc. is covered by 28 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Linton | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Andres Cardona Gómez | BTG Pactual |