Parex Resources, Inc.
Industry Group: Oil & Gas Producers
Country/Region: Canada
Identifier: TSE:PXT
Parex Resources Inc engages in exploration, development, production and marketing of oil and natural gas. 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. The operating segments of the company are; Columbia which is also its key revenue generating segment, and Canada.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Oil & Gas Producers 7 out of 301
Universe
Global Universe 5415 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Parex Resources, Inc. |
21.7
Medium
|
7 out of 301 |
Birchcliff Energy Ltd. |
43.9
Severe
|
148 out of 301 |
Kelt Exploration Ltd. |
46.6
Severe
|
175 out of 301 |
DNO ASA |
48.4
Severe
|
190 out of 301 |
SilverBow Resources, Inc. |
49.7
Severe
|
202 out of 301 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Parex Resources, Inc.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Parex Resources, Inc.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Parex Resources, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Parex Resources, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level