Parex Resources Inc. (TSX: PXT)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.48B |
| Revenue (ttm) | 1.56B |
| Net Income (ttm) | 355.99M |
| Shares Out | 99.22M |
| EPS (ttm) | 3.46 |
| PE Ratio | 4.31 |
| Forward PE | 5.13 |
| Dividend | 1.54 (10.25%) |
| Ex-Dividend Date | Dec 9, 2024 |
| Volume | 745,615 |
| Open | 14.99 |
| Previous Close | 15.02 |
| Day's Range | 14.84 - 15.24 |
| 52-Week Range | 11.33 - 28.08 |
| Beta | 1.43 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 1, 2024 |
About Parex Resources
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company’s principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]
Financial Performance
In 2023, Parex Resources's revenue was $1.17 billion, a decrease of -10.75% compared to the previous year's $1.31 billion. Earnings were $459.31 million, a decrease of -24.87%.
Financial numbers in USD Financial StatementsNews
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 ...
Quimbaya Gold Announces Strategic Partnership for 100,000 Meters of Drilling
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ VANCOUVER, BC , Aug. 1, 2024 /CNW/ - Quimbaya Gold Inc. ("Quimbaya Gold" or the "Company") (CSE: QIM) (OTCQB: QIMGF) is...
Parex Resources Inc. declares CAD 0.385 dividend
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 is a financially stable oil and gas company operating in Colombia with a conservative balance sheet and a strong working capital surplus. See more here.
Parex Resources: Plan To Replace Declining Flagship Fields
Parex Resources (PARXF) is seeking new growth engines to replace its declining LLA-34/Cabrestero fields. Check out why I'm bullish on the stock.
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 ETCompany ParticipantsMike Kruchten - Senior Vice President of...
Parex Resources: Too Much Potential To Be Ignored
For the last seven years, Parex has outperformed reputable peers on both gross and operating margins. Find out why I am bullish on PARXF stock.
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 Inc. raises dividend by 2.7% to CAD 0.385
Parex Resources Basic GAAP EPS of $0.58, revenue of $59.59M
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...