Parex Resources (TSX:PXT) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.07 by 28.57 percent. This is a 93.9 percent decrease over earnings of $0.82 per share from the same period last year. The company reported $271.377 million in sales this quarter. This is a 2.16 percent increase over sales of $265.635 million the same period last year.