Parex Resources Inc. (PARXF)
| Market Cap | 813.10M |
| Revenue (ttm) | 1.09B |
| Net Income (ttm) | 60.68M |
| Shares Out | n/a |
| EPS (ttm) | 0.60 |
| PE Ratio | 13.40 |
| Forward PE | n/a |
| Dividend | 1.10 (13.19%) |
| Ex-Dividend Date | Mar 11, 2025 |
| Volume | 192 |
| Average Volume | 59,955 |
| Open | 8.35 |
| Previous Close | 8.24 |
| Day's Range | 8.30 - 8.35 |
| 52-Week Range | 7.31 - 18.15 |
| Beta | 1.21 |
| RSI | 43.97 |
| Earnings Date | May 9, 2025 |
About Parex Resources
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. Its principal land holdings and exploration blocks are located in the Llanos Basin, Magdalena Basin, and Putumayo Basin. Parex Resources Inc. was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]
Financial Performance
In 2024, Parex Resources's revenue was $1.09 billion, a decrease of -7.24% compared to the previous year's $1.17 billion. Earnings were $60.68 million, a decrease of -86.79%.
Financial StatementsNews
Parex Resources: Prudent Guidance, Strong Rerating Potential
Parex Resources Inc. (PARXF) Q4 2024 Earnings Conference Call Transcript
Parex Resources Inc. (OTCPK:PARXF) Q4 2024 Earnings Conference Call March 6, 2025 5:00 AM ETCompany ParticipantsMike Kruchten - SVP, Capital Markets and...
Parex Resources: More Low-Risk Development Opportunities
Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan
CALGARY, Alberta, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company c...
Parex Resources Announces 2025 Guidance and Production Update
CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2025 guidance, announce that its syndicated credit facility has...
Parex: Turning The Situation Around
Parex faced an upstream disappointment. This led to lower capital spending. The company's minimal debt level is a competitive advantage. Management has redirected extra cash from the reduced capital b...
Parex Resources Inc. (PARXF) Q3 2024 Earnings Call Transcript
Parex Resources Announces Third Quarter Results, Declaration of Q4 2024 Dividend, and Operational Update
CALGARY, Alberta, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period end...
Co.'s Spate of Events Raises Eyebrows
A recent flurry of activity and a new chief executive officer make this Canadian explorer worth watching, a newsletter writer pointed out. Read on to learn what all this junior has been up to.
Parex Resources: A Small-Cap With Strong Cash Flow And Big Potential
Parex Resources has a market cap of $950m and strong assets, despite 50% stock decline. It faces production challenges. Find out why PARXF stock is a Buy.
Parex Resources Announces Production Update and Timing of Q3 2024 Results
CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as its plan to release its Q3 2024 financial and op...
Parex Resources: Twilight In The LLA-34 Jungle
Parex Resources: A Hiccup
Parex Resources Announces Operational and Guidance Update, and Chief Financial Officer Transition
CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its current operations, corporate guidance, outlook, and announces ...
Parex Resources Announces Second Quarter Results, Declaration of Q3 2024 Dividend, and Operational Update
CALGARY, Alberta, July 31, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period end...
Parex Resources: Colombia Is The Place To Be
Parex Resources operates in Colombia, a supportive country for the oil and gas industry, despite some government inefficiencies and infrastructure issues. The company has a conservative balance sheet ...
Parex Resources Inc. (PARXF) Q1 2024 Earnings Call Transcript
Parex Resources Inc. (OTCPK:PARXF) Q1 2024 Results Conference Call May 9, 2024 11:30 AM ET Company Participants Mike Kruchten - Senior Vice President of Capital Markets and Corporate Planning Imad Moh...
Parex Resources: Too Much Potential To Be Ignored
Parex Resources completed Q1 2024 with increased production levels year-over-year, in spite of shut-ins that affected two wells. It has returned more than 33% of its free funds from operations (FFO) t...
Parex Resources Announces Voting Results of Shareholders' Meeting
CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 9, 2024, it held its annual general and special meeting...
Parex Resources Announces First Quarter Results, First Production at Arauca, and Declaration of Increased Q2 2024 Dividend
CALGARY, Alberta, May 08, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ende...
Parex Resources Announces Timing of Q1 2024 Results, Annual General Meeting, and Foothills Investor Presentation
CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it plans to release its Q1 2024 financial and operating resu...
Parex Resources and Ecopetrol Enter into Definitive Agreements to Explore Colombia's High-Potential Llanos Foothills Trend
CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that the...
Parex Resources: Dirt-Cheap Oil Producer Amidst Political Fears
Parex is significantly undervalued at 1.96x EV/EBITDA due to concerns about political risks. Parex is a stellar business with great capital allocation at a 23.5% ROCE and top EBITDA margins at 68%. Wi...
Parex Resources Inc. (PARXF) Q4 2023 Earnings Call Transcript
Parex Resources Inc. (PARXF) Q4 2023 Earnings Call Transcript
Parex Resources Announces 2023 Full-Year Results & Reserves, Resumption of Northern Llanos Operations, and Declaration of Q1 2024 Dividend
CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three- and twelve-mont...