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 €739.97K. 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 percentage | 15.3% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.08% |
| Management average tenure | 4.9yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$303m |
Compensation vs Market: Imad's total compensation ($USD3.34M) is above average for companies of similar size in the German market ($USD1.46M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$3.34m | 0.085% € 740.0k | |
| Chief Operating Officer | 6.8yrs | US$1.53m | 0.11% € 996.3k | |
| Senior Vice President of Capital Markets & Corporate Planning | 5.8yrs | US$1.29m | 0.057% € 500.6k | |
| President & Country Manager of Parex Resources (Colombia) Ltd. | 4yrs | US$1.48m | 0.043% € 379.1k | |
| Interim CFO | 11.9yrs | no data | 0.041% € 354.9k | |
| Investor Relations & Communications Advisor | no data | no data | no data | |
| Senior Vice President of Corporate Services | 3.9yrs | no data | 0.014% € 121.5k |
4.9yrs
Average Tenure
Experienced Management: QPX's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | US$3.34m | 0.085% € 740.0k | |
| Independent Director | 9.6yrs | US$160.36k | 0.0045% € 39.5k | |
| Independent Director | 15.3yrs | US$184.44k | 0.020% € 177.0k | |
| Independent Chairman of the Board | 15.3yrs | US$196.20k | 1.08% € 9.4m | |
| Vice Chair & Lead Independent Director | 8.2yrs | US$175.89k | 0.019% € 167.9k | |
| Independent Director | 8.2yrs | US$177.36k | 0.035% € 302.1k | |
| Independent Director | 4.6yrs | US$165.28k | 0.043% € 379.9k | |
| Independent Director | 7.4yrs | US$151.84k | 0.0091% € 79.7k | |
| Independent Director | 2.4yrs | US$147.90k | 0.0026% € 22.5k |
8.2yrs
Average Tenure
66yo
Average Age
Experienced Board: QPX's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:36 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
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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 .
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.
| Analyst | Institution |
|---|---|
| Anthony Linton | Barclays |
| Randy Ollenberger | BMO Capital Markets Equity Research |
| Andres Cardona Gómez | BTG Pactual |