Parex Resources Inc. (TSX:PXT)

Canada flag Canada · Delayed Price · Currency is CAD
24.05
-0.31 (-1.27%)
May 29, 2026, 4:00 PM EST
Market Cap2.31B +85.2%
Revenue (ttm)1.20B -16.7%
Net Income249.92M +120.5%
EPS2.58 +128.1%
Shares Out 96.18M
PE Ratio9.31
Forward PE4.83
Dividend1.54 (6.40%)
Ex-Dividend DateJun 8, 2026
Volume879,626
Open24.03
Previous Close24.36
Day's Range23.80 - 24.15
52-Week Range13.49 - 30.20
Beta0.47
AnalystsHold
Price Target33.88 (+40.87%)
Earnings DateMay 12, 2026

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. The company was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]

Sector Energy
Founded 2009
Employees 461
Stock Exchange Toronto Stock Exchange
Ticker Symbol PXT
Full Company Profile

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 numbers in USD Financial Statements

News

Parex Resources Q1 Earnings Call Highlights

Parex Resources TSE: PXT said it is moving through a major expansion in Colombia, with management outlining a series of acquisitions, partnerships and drilling programs that it expects will nearly dou...

15 days ago - MarketBeat

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...

19 days ago - GlobeNewsWire

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.

19 days ago - Transcripts

Parex Resources Slides: FY 2026

Parex Resources has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 12, 2026.

19 days ago - Filings

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.

19 days ago - Transcripts

Parex Resources Earnings release: Q1 2026

Parex Resources released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.

19 days ago - Filings

Parex Resources Registration statement: Q1 2026

Parex Resources filed a registration statement on May 12, 2026, providing details about a securities offering with the SEC.

19 days ago - Filings

Parex Resources Registration statement: Q1 2026

Parex Resources filed a registration statement on May 12, 2026, providing details about a securities offering with the SEC.

19 days ago - Filings

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...

19 days ago - GlobeNewsWire

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...

24 days ago - GlobeNewsWire

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...

27 days ago - GlobeNewsWire

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 ...

27 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

Parex Resources Slides: Investor presentation

Parex Resources has posted slides in relation to its latest quarterly earnings report, which was published on March 23, 2026.

2 months ago - Filings

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.

2 months ago - TheFly

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...

3 months ago - Reuters

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...

3 months ago - PRNewsWire

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.

3 months ago - TheFly

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.

3 months ago - Transcripts

Parex Resources Earnings release: Q4 2025

Parex Resources released its Q4 2025 earnings on March 5, 2026, summarizing the period's financial results.

3 months ago - Filings

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…

3 months ago - TheFly

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.

3 months ago - TheFly

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Reuters