Parex Resources Inc. (PARXF)
| Market Cap | 1.89B +133.0% |
| Revenue (ttm) | 860.84M -16.7% |
| Net Income | 179.04M +120.5% |
| EPS | 1.85 +128.1% |
| Shares Out | n/a |
| PE Ratio | 10.58 |
| Forward PE | 5.19 |
| Dividend | 1.12 (5.62%) |
| Ex-Dividend Date | Jun 8, 2026 |
| Volume | 150 |
| Average Volume | 11,445 |
| Open | 19.67 |
| Previous Close | 19.68 |
| Day's Range | 19.65 - 19.75 |
| 52-Week Range | 8.79 - 22.14 |
| Beta | 0.47 |
| RSI | 48.18 |
| Earnings Date | May 12, 2026 |
About Parex Resources
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]
Financial Performance
In 2025, Parex Resources's revenue was $887.50 million, a decrease of -18.25% compared to the previous year's $1.09 billion. Earnings were $255.08 million, an increase of 320.37%.
Financial StatementsNews
Parex Resources Inc (PARXF) Q1 2026 Earnings Call Highlights: Strategic Acquisitions and Growth ...
Parex Resources Inc (PARXF) Q1 2026 Earnings Call Highlights: Strategic Acquisitions and Growth Prospects
Parex Resources Announces Voting Results of Shareholders' Meeting
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 12, 2026, it held its annual general and special meetin...
Parex Resources Transcript: AGM 2026
The meeting approved all resolutions, including board appointments, auditor selection, and executive compensation. Strategic updates emphasized technology-driven growth, recent acquisitions, and partnerships to enhance stability and shareholder returns.
Parex Resources Earnings Call Transcript: Q1 2026
Strategic acquisitions and partnerships have nearly doubled production capacity and expanded reserves, with Q1 2026 FFO at $114M despite $17M in non-recurring costs. Guidance for H2 2026 targets $475M–$525M FFO and $275M–$295M capex, with strong growth expected from new assets.
Parex Resources Positioned to Become Colombia's Largest Independent Oil & Gas Producer, Provides Step-Change Guidance, Reports Q1 2026 Results, and Declares Q2 2026 Dividend
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Company is poised to become Colombia's largest independent...
Parex Resources Announces Private Offering of US$500 Million Senior Notes
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it has agreed to issue US$500 million aggregate principal amou...
Parex Resources Provides Update on the Acquisition of Frontera E&P
CALGARY, Alberta, May 04, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to provide an update on the previously announced Frontera acquisition, pursuant...
Parex Resources Announces Expansion of Ecopetrol Strategic Partnership with the Addition of Producing Assets in the Magdalena Basin
CALGARY, Alberta, May 04, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they ...
Parex Resources Announces Preliminary First Quarter Results
CALGARY, Alberta, April 30, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce select, preliminary results for the three-month period ended Marc...
Parex Resources price target raised to C$28 from C$23 at RBC Capital
RBC Capital raised the firm’s price target on Parex Resources (PARXF) to C$28 from C$23 and keeps a Sector Perform rating on the shares.
Frontera Energy says Parex offer superior proposal to previous Geopark bid
Toronto-listed Frontera Energy Corporation said in a statement late on Thursday that its board, in consultation with legal counsel and independent financial advisors, has determined the binding offe...
FRONTERA DETERMINES BINDING OFFER FROM PAREX RESOURCES INC. IS A SUPERIOR PROPOSAL TO PREVIOUSLY ANNOUNCED GEOPARK TRANSACTION
CALGARY, AB, March 5, 2026 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that the Frontera Board of Directors, in consultation with its external l...
Parex Resources price target raised to C$23 from C$20 at RBC Capital
RBC Capital raised the firm’s price target on Parex Resources (PARXF) to C$23 from C$20 and keeps a Sector Perform rating on the shares.
Parex Resources Earnings Call Transcript: Q4 2025
Delivered strong 2025 results with 45,000 barrels/day average production, robust reserves growth, and $134 million returned to shareholders. Technical milestones and strategic M&A position the company for further growth, despite wider heavy oil differentials.
Parex Resources reports Q4 EPS 78c vs. (70c) last year
Reports Q4 FFO per share $1.28 vs. $1.43 last year. Average production was 48,606 boe/d. “In 2025, we delivered solid operational results, reserves growth, and strong shareholder returns,” said Imad…
Parex Resources sees FY26 average production 45,000-49,000 boe/d
Tracking to deliver FY 2026 average production guidance of 45,000 to 49,000 boe/d; YTD average production is 46,150 boe/d.
FRONTERA PROVIDES UPDATE ON PROPOSAL FROM PAREX RESOURCES INC.; CONTINUES TO RECOMMEND TRANSACTION WITH GEOPARK
CALGARY, AB, March 2, 2026 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") is today providing an update on the previously-announced unsolicited, non-binding proposa...
Frontera Energy Acknowledges Receipt and is Considering The Unsolicited Proposal from Parex Resources Inc.
CALGARY, AB, Feb. 23, 2026 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that it acknowledges receipt from Parex Resources Inc. ("Parex") of an un...
Canada's Parex Resources offers $500 mln for Frontera Energy's Colombia assets
Parex Resources said on Monday it has submitted an all-cash proposal to acquire the Colombian upstream operations of Frontera Energy for $500 million.
Parex proposes to acquire Frontera’s Colombian E&P assets for $500M
Parex Resources (PARXF) has submitted an acquisition proposal to the Board of Directors of Frontera Energy Corporation (FECCF) to acquire all of Frontera’s Colombian upstream business in an all-cash o...
GeoPark comments on Parex Resources’ nomination of director candidates
GeoPark (GPRK) issued a statement regarding Parex Resources’ (PARXF) announcement that it has nominated six director candidates to stand for election to the company’s Board of Directors at GeoPark’s 2...
Parex Resources announces approval of normal course issuer bid
Parex Resources (PARXF) announced that the Toronto Stock Exchange has approved the Company commencing a normal course issuer bid. Pursuant to the Bid, Parex will purchase for cancellation, from time…
Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan
CALGARY, Alberta, Jan. 20, 2026 (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 Foo to retire as Board Chair, McNamara to succeed
Parex Resources (PARXF) announces that Wayne Foo will be retiring as Board Chair and Director of the Board, effective May 12, 2026, and in line with succession planning, current Vice…
Parex Resources provides short-term outlook
The company said, “As the initial phases of the 2026 drilling program are underway, Parex currently has five operated rigs and one non-operated rig, reflecting strong performance in Q4 2025…