Parex Resources Past Earnings Performance

Past criteria checks 2/6

Parex Resources has been growing earnings at an average annual rate of 16.9%, while the Oil and Gas industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 11.2% per year. Parex Resources's return on equity is 13.6%, and it has net margins of 22.8%.

Key information

16.9%

Earnings growth rate

23.5%

EPS growth rate

Oil and Gas Industry Growth37.3%
Revenue growth rate11.2%
Return on equity13.6%
Net Margin22.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Parex Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:QPX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,157264700
30 Jun 241,214317850
31 Mar 241,182415840
31 Dec 231,170459910
30 Sep 231,172575870
30 Jun 231,181521800
31 Mar 231,252563710
31 Dec 221,311611700
30 Sep 221,260457710
30 Jun 221,168460740
31 Mar 221,034408740
31 Dec 21900303700
30 Sep 21793263710
30 Jun 21696223620
31 Mar 21557151640
31 Dec 2053299460
30 Sep 20631130460
30 Jun 20740160460
31 Mar 20932242450
31 Dec 19978328620
30 Sep 19957295450
30 Jun 19927326490
31 Mar 19874413550
31 Dec 18833403500
30 Sep 18761405630
30 Jun 18672372680
31 Mar 18574186590
31 Dec 17514155610
30 Sep 1747554560
30 Jun 174705550
31 Mar 174531570
31 Dec 16411-46570
30 Sep 16390-4530
30 Jun 16386-39460
31 Mar 16434-37470
31 Dec 15483-44460
30 Sep 15526-166430
30 Jun 15616-122460
31 Mar 15630-112460
31 Dec 14661-87450
30 Sep 14665101480
30 Jun 1459856470
31 Mar 1456752410
31 Dec 1355953370

Quality Earnings: QPX has high quality earnings.

Growing Profit Margin: QPX's current net profit margins (22.8%) are lower than last year (49.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: QPX's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: QPX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QPX had negative earnings growth (-54.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-28.6%).


Return on Equity

High ROE: QPX's Return on Equity (13.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:36
End of Day Share Price 2024/12/23 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

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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