When was Parex Resources founded?

Parex Resources was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Parex Resources located?

Parex Resources is headquartered in Calgary, Canada.

How many employees does Parex Resources have?

As of Jul 31, 2026, the latest employee count at Parex Resources is 622.

Is Parex Resources a funded company?

Parex Resources is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Nov 29, 2010.

When was the latest funding round of Parex Resources?

Parex Resources' latest funding was a $***** Post IPO round on May 05, 2015, with participation from 0 investor.

Where does Parex Resources rank among its competitors?

Parex Resources ranks 5th amongst 199 active competitors, of which 9 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Yinson Production, which secured $1B in Jan, 2025.

Who are the top competitors of Parex Resources?

Parex Resources' top competitors include Serica Energy, SBM Offshore and Tullow Oil. Among them, Yinson Production secured the most recent funding round in January, 2025.

Parex Resources - 2026 Company Profile, Funding & Competitors

Company Details

Parex Resources is a crude oil exploration and production company which acquires & develops hydrocarbon reserves in Colombia. Asset portfolio includes working interests over 1.6million acreage positions with a production capacity of 40586 BOE of crude oil per day and 162 million BOE 2P reserves.

Website: parexresources.com
Email ID: *****@parexresources.com
Phone Number: +1 **********

Key Metrics

Founded Year

2009

Location

Calgary, Canada

Stage

Public

Latest Funding Round

Post IPO, May 05, 2015, $*****

Investors

The Delavaco Group & 1 more

Ranked

5^th among 199 active competitors

Employee Count

622 as on Jul 31, 2026

Similar Companies

Serica Energy & 213 more

Exit Details

Public

View Parex Resources' full profile

Parex Resources is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Parex Resources Inc. CIN: 1506666 , United States, Active		$1 - $1M (As on Nov 29, 2010)	-	-

Parex Resources got listed on Oct 03, 2011.

Click here to take a look at Parex Resources's IPO in detail

Parex Resources has raised funding over 2 rounds. Its first funding round was on Nov 29, 2010. Parex Resources has 2 institutional investors.

Here is the list of recent funding rounds of Parex Resources:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 05, 2015	5713962	Post IPO	2466577	4268930	4355906	5579368
Nov 29, 2010	7361651	Post IPO	6595948	4001931	8820602	1129960

Access funding benchmarks and valuations. Sign up today!

View details of Parex Resources's funding rounds and investors

Parex Resources' employee count trend

Parex Resources has 622 employees as of Jul 26. Here is Parex Resources's employee count trend over the years:

Employee count trend for Parex Resources

Uncover Parex Resources' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Parex Resources include Serica Energy, SBM Offshore and Tullow Oil. Here is the list of Top 10 competitors of Parex Resources, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Serica Energy 2004, London (United Kingdom), Public	Operator of oil and gas production assets	-	Amerocap	60/100
2nd	SBM Offshore 1862, Amsterdam (Netherlands), Public	Provider of oil & gas and floating production services	-	HAL	59/100
3rd	Tullow Oil 1985, Chiswick (United Kingdom), Public	Operator of oil and gas exploration and production assets	-	Total, RMB	57/100
4th	Yinson Production 2023, Singapore (Singapore), Late Stage	Operator of floating, production, storage, and offloading vessels	$1B	ADIA, BCI & 1 others	57/100
5th	Parex Resources 2009, Calgary (Canada), Public	Crude oil exploration and production company	-	The Delavaco Group, Lorem Partners	57/100
6th	International Petroleum 2017, Vancouver (Canada), Public	Oil & gas exploration and production company	-	-	56/100
7th	Jadestone Energy 2016, Singapore (Singapore), Funding Raised	Provider of oil & gas production and development services	-	Societe Generale, CommBank	54/100
8th	JHI Associates 2014, Toronto (Canada), Acquired	Deepwater oil and gas exploration company focused on frontier exploration	$2.36M	Westmount Energy, Eco (Atlantic) Oil & Gas	53/100
9th	EnQuest 2010, London (United Kingdom), Public	Operator of energy production and decarbonisation infrastructure	-	-	53/100
10th	Ithaca Energy 2004, Aberdeen (United Kingdom), Public	Operator of oil and gas production assets	-	Trafigura	53/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Parex Resources's competitors? Click here to see the top ones

Parex Resources has made no investments or acquisitions yet.

Media has covered Parex Resources for a total of 32 events in the last 1 year, 11 of them have been about company updates and 2 about people movement.