Parex Resources Management
Management criteria checks 3/4
Parex Resources' CEO is Imad Mohsen, appointed in Feb 2021, has a tenure of 5.25 years. total yearly compensation is $3.06M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth CA$3.90M. The average tenure of the management team and the board of directors is 5.3 years and 5.3 years respectively.
Key information
Imad Mohsen
Chief executive officer
US$3.1m
Total compensation
| CEO salary percentage | 16.05% |
| CEO tenure | 5.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.3yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
New Narrative • May 16
Colombian Asset Expansion And Magdalena Partnership Will Shape Balanced But Uneven Outlook
Catalysts About Parex Resources Parex Resources is an oil and gas exploration and production company focused on Colombia. What are the underlying business or industry changes driving this perspective?
New Narrative • Apr 21
Multilateral Drilling And Colombian Resource Upside Will Reshape This Underappreciated Producer
Catalysts About Parex Resources Parex Resources is an independent energy producer focused on oil and gas assets in Colombia. What are the underlying business or industry changes driving this perspective?
Narrative Update • Apr 19
PXT: Rising Buybacks And Production Guidance Will Support A Constructive Outlook
Narrative Update The analyst fair value estimate for Parex Resources has shifted from CA$26.74 to CA$27.54. This change reflects analysts' updated assumptions on revenue growth, profit margins and future P/E, following successive Street price target moves to CA$23 and then CA$28.Narrative Update • Apr 05
PXT: Revised Buyback Plans And Production Outlook Will Shape A Measured Future
Analysts have nudged their fair value estimate for Parex Resources slightly higher, lifting the target to CA$26.74 from CA$26.34. They cited a series of recent price target increases from CA$20 to CA$23 and then to CA$28 by covering firms as support for the updated view.Narrative Update • Mar 22
PXT: Revised Production Outlook And Earnings Assumptions Will Shape A Measured Future
Analysts have lifted their fair value estimate for Parex Resources from CA$24.74 to CA$26.34, citing recent upward revisions to Street price targets, including RBC Capital's moves from CA$20 to CA$23 and then to CA$28, along with updated assumptions for revenue growth, profit margins, and future P/E. Analyst Commentary Recent price target moves to CA$23 and then to CA$28 reflect fresh thinking from the Street on how Parex Resources might execute against current expectations for revenue, margins, and future P/E.Narrative Update • Mar 07
PXT: Updated Guidance And Earnings Assumptions Will Shape A Balanced Outlook
Analysts have lifted their fair value estimate for Parex Resources to CA$24.74 from CA$22, broadly in line with the recent increase in Street price targets such as the move to CA$23. This change is supported by updated assumptions for revenue, profit margin and forward P/E.Narrative Update • Feb 20
PXT: Llanos Foothills Drilling Plans And Steady Volumes Will Shape Balanced Outlook
Analysts have nudged their price target on Parex Resources up from CA$21.50 to CA$22.00, reflecting updated assumptions around fair value and modest tweaks to forward P/E expectations while keeping core discount rate and growth inputs broadly unchanged. What's in the News Parex issued production guidance for Fiscal Year 2026, targeting average production of 45,000 to 49,000 boe/d (company announcement of operating results).Narrative Update • Feb 06
PXT: Llanos Foothills Progress And Steady Production Will Support Balanced Outlook
Analysts have lifted their price target for Parex Resources to $21.50 from $21.33, reflecting updated assumptions on discount rate, modest revenue growth expectations, slightly higher profit margins, and a future P/E of 7.70. What's in the News Parex updated its Fiscal Year 2026 production guidance to an average range of 45,000 to 49,000 boe/d, giving you a clearer view of expected volumes for that period (Announcement of Operating Results).Narrative Update • Jan 22
PXT: Llanos Foothills Progress And Production Delivery Will Support Balanced Outlook
Analysts have adjusted their price target for Parex Resources slightly higher, from $21.25 to about $21.33, citing updated assumptions around fair value, discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Parex reaffirmed its Fiscal Year 2025 average production guidance at 43,000 to 47,000 boe/d, with management expecting fourth quarter average production to exceed the upper end of the annual range (Corporate guidance).Narrative Update • Jan 08
PXT: Llanos Foothills Alliance And Execution Will Support Bullish Performance Outlook
Analysts now set their price target for Parex Resources at $21.25, up from $20.83. They point to updated assumptions around revenue, profit margins and future P/E that they see as better aligned with the stock's current risk profile.Narrative Update • Dec 15
PXT: Upcoming Exploration Alliance And Guidance Will Drive Bullish Performance Outlook
Analysts have nudged their average price target for Parex Resources higher, from about C$19.80 to roughly C$20.83, citing a modestly stronger profit margin outlook and slightly lower forward valuation multiples. Analyst Commentary Recent research updates reflect a cautiously constructive stance on Parex Resources, with higher price targets signaling improved confidence in the company’s near term earnings power and balance sheet resilience.Narrative Update • Nov 28
PXT: Upcoming Operational Execution And Guidance Will Shape Performance Outlook
The analyst price target for Parex Resources has risen from C$17 to C$18, now reaching C$20. Analysts cite a revamped strategy, consistent operational success, and improving investor sentiment as drivers for this upward revision.Narrative Update • Nov 14
PXT: Upcoming Operational Catalysts And Recent Upgrades Will Drive Future Performance
The consensus analyst price target for Parex Resources has increased significantly to C$20 from prior estimates. This reflects analysts' optimism about improved revenue growth, a refreshed corporate strategy, and ongoing operational successes.Analysis Article • Nov 07
Parex Resources (TSE:PXT) Has Announced A Dividend Of $0.385
The board of Parex Resources Inc. ( TSE:PXT ) has announced that it will pay a dividend of $0.385 per share on the 15th...Narrative Update • Oct 31
PXT: Operational Momentum And Investor Sentiment Will Drive Share Re-Rating
Parex Resources' analyst price target has increased from C$19.00 to approximately C$19.83, as analysts cite continued operational success and improving investor sentiment for their upgraded outlook. Analyst Commentary Analyst sentiment towards Parex Resources has notably improved in recent weeks, with multiple price target increases and at least one rating upgrade.Analysis Article • Oct 27
Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Oct 17
Colombian Production Will Expand As Gas Monetization Unfolds
The consensus analyst price target for Parex Resources has increased from C$18.17 to C$19.00. This change reflects improving investor sentiment and anticipated operational catalysts highlighted in recent research updates.Narrative Update • Oct 03
Colombian Production Will Expand As Gas Monetization Unfolds
Analysts have raised their price target for Parex Resources by C$1 to C$18.17, citing the company’s improved strategy, continued operational success, and the potential for positive shifts in investor sentiment. Analyst Commentary Recent research notes reflect a shift in sentiment among analysts following Parex Resources’ strategic updates and operational achievements.Analysis Article • May 15
There May Be Reason For Hope In Parex Resources' (TSE:PXT) Disappointing Earnings
Parex Resources Inc.'s ( TSE:PXT ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...Analysis Article • May 01
Parex Resources Inc.'s (TSE:PXT) CEO Might Not Expect Shareholders To Be So Generous This Year
Key Insights Parex Resources' Annual General Meeting to take place on 8th of May CEO Imad Mohsen's total compensation...Analysis Article • Apr 04
Parex Resources (TSE:PXT) Has A Pretty Healthy Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Feb 20
A Look At The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Parex Resources fair value estimate is CA$12.55 Current share...Analysis Article • Jan 28
Parex Resources Inc.'s (TSE:PXT) Business And Shares Still Trailing The Market
Parex Resources Inc.'s ( TSE:PXT ) price-to-earnings (or "P/E") ratio of 3.6x might make it look like a strong buy...
New Narrative • Jan 20
Enhanced Oil Recovery Will Stabilize Key Assets Like Llanos 34, Yet Projected Earnings May Decline
Focus on operational reliability and optimized performance could enhance margins and free funds flow, improving long-term financial stability.Analysis Article • Nov 06
Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Oct 04
Capital Allocation Trends At Parex Resources (TSE:PXT) Aren't Ideal
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$179m |
| Dec 31 2025 | US$3m | US$492k | US$255m |
| Sep 30 2025 | n/a | n/a | US$111m |
| Jun 30 2025 | n/a | n/a | US$126m |
| Mar 31 2025 | n/a | n/a | US$81m |
| 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$303m |
Compensation vs Market: Imad's total compensation ($USD3.06M) is above average for companies of similar size in the Canadian market ($USD2.06M).
Compensation vs Earnings: Imad's compensation has been consistent with company performance over the past year.
CEO
Imad Mohsen (51 yo)
5.3yrs
Tenure
US$3,063,317
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 | 5.3yrs | US$3.06m | 0.15% CA$ 3.9m | |
| Chief Financial Officer | 1.7yrs | US$1.12m | 0.081% CA$ 2.1m | |
| Chief Operating Officer | 8.3yrs | US$1.46m | 0.13% CA$ 3.3m | |
| Senior Vice President of Capital Markets & Corporate Planning | 7.3yrs | US$1.21m | 0.11% CA$ 2.7m | |
| President & Country Manager of Parex Resources (Colombia) Ltd. | 5.4yrs | US$1.41m | 0.090% CA$ 2.3m | |
| Senior Investor Relations & Communications Advisor | no data | no data | no data | |
| Senior Vice President of Corporate Services | 5.3yrs | no data | 0.024% CA$ 597.6k | |
| Senior Vice President of New Ventures | less than a year | no data | no data |
5.3yrs
Average Tenure
Experienced Management: PXT's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.3yrs | US$3.06m | 0.15% CA$ 3.9m | |
| Independent Director | 1yr | US$131.55k | no data | |
| Independent Chairman of the Board | 9.6yrs | US$191.29k | 0.023% CA$ 594.8k | |
| Independent Director | 9.6yrs | US$161.43k | 0.035% CA$ 902.5k | |
| Independent Director | 6yrs | US$166.25k | 0.055% CA$ 1.4m | |
| Independent Director | 1yr | US$128.27k | 0.0038% CA$ 96.4k | |
| Independent Director | 8.8yrs | US$158.15k | 0.0034% CA$ 86.0k | |
| Independent Director | less than a year | US$117.50k | no data | |
| Independent Director | 3.8yrs | US$150.51k | 0.0089% CA$ 225.6k |
5.3yrs
Average Tenure
62yo
Average Age
Experienced Board: PXT's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/25 10:26 |
| End of Day Share Price | 2026/05/25 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 24 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 |
|---|---|
| Garett Ursu | ATB Cormark Historical (Cormark Securities) |
| Anthony Linton | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |