Parex Resources (TSX:PXT) Other Operating Expense : C$12 Mil (TTM As of Mar. 2024)

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What is Parex Resources Other Operating Expense?

Parex Resources's Other Operating Expense for the three months ended in Mar. 2024 was C$4 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$12 Mil.

Parex Resources's quarterly Other Operating Expense declined from Sep. 2023 (C$3 Mil) to Dec. 2023 (C$2 Mil) but then increased from Dec. 2023 (C$2 Mil) to Mar. 2024 (C$4 Mil).

Parex Resources's annual Other Operating Expense increased from Dec. 2021 (C$7 Mil) to Dec. 2022 (C$8 Mil) and increased from Dec. 2022 (C$8 Mil) to Dec. 2023 (C$11 Mil).

Parex Resources Other Operating Expense Historical Data

The historical data trend for Parex Resources's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Parex Resources Other Operating Expense Chart

Parex Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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6.52

7.60

6.51

7.86

11.38

Parex Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															3.53	2.07	3.44	2.45	3.82

Parex Resources Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12 Mil.

Parex Resources Other Operating Expense Related Terms

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Parex Resources (TSX:PXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (TSX:PXT) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

PARXF:USA QPX:Germany

Address

2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1

Website

https://www.parexresources.com

Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.

Executives

Sigmund Cornelius

Director

Parex Resources (TSX:PXT) Headlines

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