Parex Resources Inc.

TSX:PXT Stock Report

Market Cap: CA$1.3b

Parex Resources Management

Management criteria checks 3/4

Parex Resources' CEO is Imad Mohsen, appointed in Feb 2021, has a tenure of 3.83 years. total yearly compensation is $3.34M, comprised of 15.3% salary and 84.7% bonuses, including company stock and options. directly owns 0.085% of the company’s shares, worth CA$1.13M. The average tenure of the management team and the board of directors is 4.9 years and 8.2 years respectively.

Key information

Imad Mohsen

Chief executive officer

US$3.3m

Total compensation

CEO salary percentage15.3%
CEO tenure3.8yrs
CEO ownership0.08%
Management average tenure4.9yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly

Nov 06
Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly

Capital Allocation Trends At Parex Resources (TSE:PXT) Aren't Ideal

Oct 04
Capital Allocation Trends At Parex Resources (TSE:PXT) Aren't Ideal

Little Excitement Around Parex Resources Inc.'s (TSE:PXT) Earnings As Shares Take 35% Pounding

Aug 30
Little Excitement Around Parex Resources Inc.'s (TSE:PXT) Earnings As Shares Take 35% Pounding

Parex Resources' (TSE:PXT) Conservative Accounting Might Explain Soft Earnings

Aug 07
Parex Resources' (TSE:PXT) Conservative Accounting Might Explain Soft Earnings

Parex Resources (TSE:PXT) Has Announced A Dividend Of $0.385

Aug 05
Parex Resources (TSE:PXT) Has Announced A Dividend Of $0.385

Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly

Jun 04
Here's Why Parex Resources (TSE:PXT) Can Manage Its Debt Responsibly

The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet

Jan 28
The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Jan 10
Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital

Nov 28
Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Oct 05
Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate

Sep 20
Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate

Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean

Aug 26
Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean

Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts

Aug 04
Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts

If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity

Jun 04
If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity

Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

May 10
Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

Is Parex Resources Inc. (TSE:PXT) Trading At A 30% Discount?

Apr 06
Is Parex Resources Inc. (TSE:PXT) Trading At A 30% Discount?

Parex Resources (TSE:PXT) Is Increasing Its Dividend To $0.375

Feb 09
Parex Resources (TSE:PXT) Is Increasing Its Dividend To $0.375

With EPS Growth And More, Parex Resources (TSE:PXT) Makes An Interesting Case

Jan 24
With EPS Growth And More, Parex Resources (TSE:PXT) Makes An Interesting Case

Returns On Capital Are A Standout For Parex Resources (TSE:PXT)

Jan 10
Returns On Capital Are A Standout For Parex Resources (TSE:PXT)

Here's Why We Think Parex Resources (TSE:PXT) Might Deserve Your Attention Today

Oct 07
Here's Why We Think Parex Resources (TSE:PXT) Might Deserve Your Attention Today

The Trend Of High Returns At Parex Resources (TSE:PXT) Has Us Very Interested

Sep 22
The Trend Of High Returns At Parex Resources (TSE:PXT) Has Us Very Interested

CEO Compensation Analysis

How has Imad Mohsen's remuneration changed compared to Parex Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$264m

Jun 30 2024n/an/a

US$317m

Mar 31 2024n/an/a

US$415m

Dec 31 2023US$3mUS$509k

US$459m

Sep 30 2023n/an/a

US$575m

Jun 30 2023n/an/a

US$521m

Mar 31 2023n/an/a

US$563m

Dec 31 2022US$3mUS$480k

US$611m

Sep 30 2022n/an/a

US$457m

Jun 30 2022n/an/a

US$460m

Mar 31 2022n/an/a

US$408m

Dec 31 2021US$3mUS$399k

US$303m

Compensation vs Market: Imad's total compensation ($USD3.34M) is above average for companies of similar size in the Canadian market ($USD1.83M).

Compensation vs Earnings: Imad's compensation has been consistent with company performance over the past year.

CEO

Imad Mohsen (50 yo)

3.8yrs

Tenure

US$3,338,602

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

NamePositionTenureCompensationOwnership
Imad Mohsen
President3.8yrsUS$3.34m0.085%
CA$ 1.1m
Eric Furlan
Chief Operating Officer6.8yrsUS$1.53m0.11%
CA$ 1.5m
Michael Kruchten
Senior Vice President of Capital Markets & Corporate Planning5.8yrsUS$1.29m0.057%
CA$ 764.0k
Daniel Ferreiro
President & Country Manager of Parex Resources (Colombia) Ltd.4yrsUS$1.48m0.043%
CA$ 578.7k
Cameron Grainger
Interim CFO11.9yrsno data0.041%
CA$ 541.7k
Steven Eirich
Investor Relations & Communications Advisorno datano datano data
Joshua Share
Senior Vice President of Corporate Services3.9yrsno data0.014%
CA$ 185.4k

4.9yrs

Average Tenure

Experienced Management: PXT's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Imad Mohsen
President3.8yrsUS$3.34m0.085%
CA$ 1.1m
Lisa Colnett
Independent Director9.6yrsUS$160.36k0.0045%
CA$ 60.3k
Robert Engbloom
Independent Director15.3yrsUS$184.44k0.020%
CA$ 270.2k
Wayne Foo
Independent Chairman of the Board15.3yrsUS$196.20k1.08%
CA$ 14.4m
Glenn McNamara
Vice Chair & Lead Independent Director8.2yrsUS$175.89k0.019%
CA$ 256.3k
George MacDougall
Independent Director8.2yrsUS$177.36k0.035%
CA$ 461.2k
Sigmund Cornelius
Independent Director4.6yrsUS$165.28k0.043%
CA$ 579.9k
Carmen Sylvain
Independent Director7.4yrsUS$151.84k0.0091%
CA$ 121.6k
Lynn Azar
Independent Director2.4yrsUS$147.90k0.0026%
CA$ 34.3k

8.2yrs

Average Tenure

66yo

Average Age

Experienced Board: PXT's board of directors are considered experienced (8.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Parex Resources Inc. is covered by 29 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.

AnalystInstitution
Anthony LintonBarclays
Randy OllenbergerBMO Capital Markets Equity Research
Andres Cardona GómezBTG Pactual