
Parex Resources Inc
TSX:PXT

Gross Margin
Parex Resources Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Parex Resources Inc
TSX:PXT
|
1.4B CAD |
75%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
112.8B USD |
48%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
717.5B CNY |
49%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
66.1B USD |
61%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
90.7B CAD |
50%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
42.8B USD |
78%
|
|
US |
V
|
Venture Global Inc
NYSE:VG
|
40.5B USD |
67%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
40B USD |
71%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
35.2B USD |
62%
|
|
US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
92%
|
Parex Resources Inc
Glance View
Parex Resources, Inc. engages in the exploration, development, and production of crude oil. The company is headquartered in Calgary, Alberta and currently employs 371 full-time employees. The company went IPO on 2009-11-12. The firm through its foreign subsidiaries holds interests in onshore exploration and production blocks totaling approximately two million gross acres over 24 onshore blocks in Colombia’s Llanos and Magdalena Basins.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Parex Resources Inc's most recent financial statements, the company has Gross Margin of 75.5%.