Parex Resources Inc.

Parex Resources Inc. - Current Ratioverified

PARXF

Price:

$17.41

Market Cap:

$1.78B

Parex Resources Inc. is an upstream oil and natural gas company primarily engaged in exploration, development, and production activities within Colombia. The firm holds significant ownership interests across approximately 6.5 million gross acres of onshore exploration and production blocks. By December 31, 2021, Parex reported combined proved and probable reserves totaling 198.825 million barrels of oil equivalent. Founded in 2009, its corporate headquarters are situated in Calgary, Canada.

Industry

Oil & Gas Exploration & Production

IPO Date

2010-03-18

Stock Exchange

OTC

Ticker

PARXF

The Current Ratio as of June 2026 (TTM) for Parex Resources Inc. (PARXF) is 1.49

According to Parex Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.49. This represents a change of 27.38% compared to the average of 1.17 of the last 4 quarters.

Parex Resources Inc. (PARXF) Historical Current Ratio (quarterly & annually)

How has PARXF Current Ratio performed in the past?

The mean historical Current Ratio of Parex Resources Inc. over the last ten years is 1.89. The current 1.49 Current Ratio has changed 7.78% with respect to the historical average. Over the past ten years (40 quarters), PARXF's Current Ratio was at its highest in in the September 2020 quarter at 4.66. The Current Ratio was at its lowest in in the September 2023 quarter at 0.81.

Quarterly (TTM)
Annual

Average

1.89

Median

1.71

Minimum

1.11

Maximum

3.61

Parex Resources Inc. (PARXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Parex Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 69.54%

Maximum Annual Current Ratio = 3.61

Minimum Annual Increase = -49.53%

Minimum Annual Current Ratio = 1.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.11-15.51%
20241.320.94%
20231.3111.91%
20221.17-49.53%
20212.31-36.02%
20203.6137.73%
20192.6269.54%
20181.55-24.49%
20172.059.65%
20161.8711.00%

Parex Resources Inc. (PARXF) Average Current Ratio

How has PARXF Current Ratio performed in the past?

The current Current Ratio of Parex Resources Inc. (PARXF) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.25

5-year avg

1.44

10-year avg

1.89

Parex Resources Inc. (PARXF) Current Ratio vs. Peers

How is PARXF’s Current Ratio compared to its peers?

Parex Resources Inc.’s Current Ratio is greater than Headwater Exploration Inc. (0.98), greater than Birchcliff Energy Ltd. (1.17), greater than DNO ASA (0.92), greater than Aker Solutions ASA (1.00), greater than Advantage Energy Ltd. (0.38), less than Sinopec Kantons Holdings Limited (24.61), greater than Kelt Exploration Ltd. (0.52), greater than Cardinal Energy Ltd. (0.69), greater than Aker Solutions ASA Unsponsored ADR (1.00), less than CES Energy Solutions Corp. (2.75),

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