About Parex Resources
Parex Resources is a company based in Calgary (Canada) founded in 2009. It operates as a Direct-to-Consumer (D2C). The company has 448 employees. Parex Resources has completed 1 acquisition, including Verano Energy. Parex Resources offers products and services including Oil Production and Gas Production.
- Headquarter Calgary, Canada
- Employees 448
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website parexresources.com
- Social LinkedIn Facebook YouTube
- Legal Name Parex Resources Inc.
- Annual Revenue$898.34 M (USD)-17.32as on Dec 31, 2025
- Net Profit$260.31 M (USD)328.76as on Dec 31, 2025
- EBITDA$459.42 M (USD)-32.91as on Dec 31, 2025
- Latest Funding Round$112.67M (USD), Post-IPO
May 2015
- Employee Count448
- Investments & Acquisitions
Products & Services of Parex Resources
Parex Resources offers a comprehensive portfolio of products and services, including Oil Production and Gas Production.
Conventional oil production is delivered in Colombian basins.
Sustainable gas production is managed in Colombian regions.
Apps and channels of Parex Resources
its YouTube channel Parex Resources has 469 subscribers and 30 videos.
Videos from Parex Resources
The most watched videos on Parex Resources's YouTube channel, Parex Resources (469 subscribers). Click a video to play it here.
More on Parex Resources.
Funding Insights of Parex Resources
- Total Rounds 2
- Last Round Post-IPO — $112.67M
- First Round $69,128
(Nov 2010)
All 2 funding rounds of Parex Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2015 | $112.67M | Post-IPO | – | – | – |
| Nov 2010 | $69,128 | Post-IPO | – | – | – |
People of Parex Resources
30 people are tracked at Parex Resources (7 in leadership, 8 in board & advisors, 15 in team); the tracked headcount is 448.
| Name | Role | Group |
|---|---|---|
David Taylor | CEO & President | Leadership |
Daniel Ferreiro | President & Country Manager Parex Resources Colombia | Leadership |
Eric Furlan | Vice President Engineering | Leadership |
Katie Bernard | VP, New Ventures | Leadership |
Imad Mohsen | President & CEO | Leadership |
Cam Grainger | Chief Financial Officer | Leadership |
Ian Zapfesmith | Vice President Of Exploration | Leadership |
Wayne K. Foo | Chair | Board & advisors |
Lisa Colnett | Chair of the Human Resources & Compensation Committee | Board & advisors |
Sigmund Cornelius | Board Member | Board & advisors |
Robert J. Engbloom | Board Member | Board & advisors |
Carmen Sylvain | Corporate Director And Chair Governance And Nominating Committee | Board & advisors |
G.R. MacDougall | Board Member | Board & advisors |
Glenn McNamara | Board Member | Board & advisors |
Lynn Azar | Board Member | Board & advisors |
Andrés Felipe Ariza Sanchéz | Drilling Manager | Team |
Josue Higuera | Workover And Completion Manager At Parex Resources | Team |
Tatiana Hernandez-Garzon | Senior Operations Accountant | Team |
Nicole Dyer | Senior Financial Reporting Accountant | Team |
Hassan Schadid | Senior Drilling Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for Parex Resources
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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IPO & Listings of Parex Resources
Parex Resources is a publicly listed company on the TSX with ticker symbol PXT in Canada, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Oct 2011
- Listed onTSX: PXT
- Listed entityParex Resources Inc.
- Exchange sectorEnergy minerals
- ISINCA69946Q1046
- Share price28.21 CAD (+2.88% on the day) · 2026-10-08
- Market capitalisation2,713,245,038.00 CAD
- Price to earnings3.4
- EPS (diluted, trailing year)8.24 CAD
- Dividend yield5.46%
- Volume (last session)744,158
Financials of Parex Resources
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.23B CAD | 356.4M CAD | 629.0M CAD |
| 2024 | 1.49B CAD | 83.1M CAD | 937.6M CAD |
| 2023 | 1.58B CAD | 619.9M CAD | 1.08B CAD |
| 2022 | 1.71B CAD | 795.9M CAD | 1.35B CAD |
| 2021 | 1.13B CAD | 380.0M CAD | 825.1M CAD |
Detailed financial statements for Parex Resources
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Parex Resources
Parex Resources has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Verano Energy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Energy sector operations are conducted in Calgary, Canada. | veranoenergy.com | Calgary, Canada | 2013 | May 2014 | $181.67M |
Complete acquisition details for Parex Resources
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Parex Resources
5 dated milestones of Parex Resources across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Parex Resources is founded.
- Funding First funding round of $69K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Verano Energy.
- Funding Latest funding round, Post-IPO, of $112.7M.
Web traffic of Parex Resources
The website of Parex Resources (parexresources.com) receives about 38.6K visits a month.
- Monthly visits38.6K
▲ 69.2% vs previous month
Websites whose visitors overlap most with Parex Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| grantierra.com | 100% | 19K | #1,454,151 | View details | |
| eni.com | 93% | 1.2M | #41,082 | View details | |
| oryxpetroleum.com | 90% | – | – | View details | |
| responsibilityreports.com | 80% | – | #520,157 | View details | |
| parexusa.com | 64% | – | – | View details |
Latest news on Parex Resources
Complete news archive for Parex Resources
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Parex Resources
10 companies that operate in the same segment as Parex Resources (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Frequently Asked Questions about Parex Resources
Parex Resources was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Parex Resources is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
David Taylor is the current CEO of Parex Resources.
Parex Resources has 448 employees.
Annual revenue of Parex Resources is $898.34M as on Dec 31, 2025.
Parex Resources is established as the largest independent exploration and production company in Colombia, with over 15 years of experience. Operations are focused in the Llanos and Magdalena basins, where sustainable conventional oil and gas production is delivered. The company is committed to growing production and becoming a multi-field operator. Emphasis is placed on safe, reliable practices and strong ESG performance, including minimizing environmental impact and supporting community development through programs like Water for All and Energy for All.
Parex Resources offers Oil Production and Gas Production.
Yes, Parex Resources is publicly traded on TSX under the ticker symbol PXT.
Parex Resources has made 1 acquisition, including Verano Energy.
Parex Resources operates through Parex Resources Inc..