Inactive Instrument

Parallel Energy Trust Share Price Other OTC

Equities

PEYTF

CA69915T1057

Oil & Gas Exploration and Production

Financials

Sales 2013 89.03M 65.01M 5.42B Sales 2014 97.27M 71.03M 5.92B Capitalization 36.44M 26.61M 2.22B
Net income 2013 10M 7.3M 609M Net income 2014 -175M -128M -10.66B EV / Sales 2013 4.76 x
Net Debt 2013 222M 162M 13.53B Net Debt 2014 240M 176M 14.64B EV / Sales 2014 2.85 x
P/E ratio 2013
23.1 x
P/E ratio 2014
-0.2 x
Employees -
Yield 2013
15.9%
Yield 2014
87.1%
Free-Float 99.03%
More Fundamentals * Assessed data
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Parallel Energy Trust Filed For Bankruptcy CI
Parallel Energy Trust Requests an Extension from its Lending Syndicate of its %165 Million Credit Facility CI
Parallel Energy Trust Announces Unaudited Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2015; Reports Operating Results for the Month and Year to Date Ended July 2015; Provides Operating Guidance for the Full Year of 2015; Reports Impairment Charges for the Second Quarter of 2015 CI
Parallel Energy Trust Reports Unaudited Earnings and Production Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Year 2015 CI
Parallel Energy Trust Announces Renewal of Credit Facility CI
Parallel Energy Hires Advisors To Consider Strategic Options CI
Parallel Energy Trust Reports Audited Earnings and Production Results for the Fourth Quarter and Full Year Ended December 31, 2014; Maintains Production Guidance for the Full Year of 2015; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014 CI
Parallel Energy Trust Revises Capital Budget and Production for the Year 2015; Reports Production Results for the Fourth Quarter and Full Year 2014 CI
Parallel Energy Trust Announces Board Changes; Provides Operating and Financial Guidance for 2015 CI
Parallel Energy Trust Announces Unaudited Earnings and Operating Results for the Third Quarter Ended September 30, 2014; Announces Production Results for the Month and Year to Date Ended October 31, 2014; Provides Production Guidance for the Year 2014; Reiterates Cash Flow Guidance for the Year 2014 CI
Parallel Energy Seeks Acquisitions CI
Parallel Energy Trust Announces Production Results for the Third Quarter and Nine Months Ended September 30, 2014 CI
Parallel Energy Trust Reports Earnings and Production Results for the Second Quarter Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014 CI
Parallel Energy Trust Announces Unaudited Financial and Operating Results for the First Quarter Ended March 31, 2014; Announces Operating Results for the Month of April and First Nine Days of May 2014; Reaffirms Operating and Cash Flow Guidance for 2014 CI
Parallel Energy Trust Reports Audited Earnings and Production Results for the Fourth Quarter and Full Year Ended December 31, 2013; Maintains Production Guidance for the Full Year of 2014 CI
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Managers TitleAgeSince
Director of Finance/CFO 62 10/11/10
Members of the board TitleAgeSince
Chairman 62 10/11/10
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Parallel Energy Trust (Parallel or the Trust) is a Canada-based distribution-paying energy income trust. The Trust's assets and operations are located in Texas and Oklahoma in the United States and its portfolio consists of mature, liquids-rich natural gas assets. The Trust's business strategy is focused on acquiring and developing long-life, conventional oil and natural gas assets. The Trust manages five operating areas located in Texas and Oklahoma. The Trust operates 100% of its Texas assets, which are located in the Carson, Hutchinson, Moore, Potter, Gray and Roberts counties and it holds a 30% non-operated interest in a Mississippian Lime play located in Garfield County, Oklahoma. The Trust's Carson, Sneed and Cargray operating areas are located in the Greater Panhandle/Hugoton Gas Field, a conventional gas field in North America.
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