Parex Resources Inc. (TSX:PXT)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.91B +7.2% |
| Revenue (ttm) | 1.95B +52.2% |
| Net Income | 850.38M +438.8% |
| EPS | 8.82 +446.9% |
| Shares Out | 96.26M |
| PE Ratio | 2.25 |
| Forward PE | 5.01 |
| Dividend | 1.54 (7.77%) |
| Ex-Dividend Date | Sep 8, 2026 |
| Volume | 3,124,512 |
| Open | 23.47 |
| Previous Close | 23.74 |
| Day's Range | 19.40 - 23.73 |
| 52-Week Range | 17.12 - 30.44 |
| Beta | 0.59 |
| Analysts | Buy |
| Price Target | 32.06 (+61.84%) |
| Earnings Date | Nov 6, 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]
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 StatementsAnalyst Summary
According to 8 analysts, the average rating for PXT stock is "Buy." The 12-month stock price target is $32.06, which is an increase of 61.84% from the latest price.
News
What Parex Resources (PXT) Said on Its Q3 Earnings Call
Parex Resources TSE: PXT expects to exceed the upper end of its earlier Frontera acquisition synergy estimate in 2027, as it integrates the assets and directs more capital toward exploration and devel...
Parex Resources Earnings Call Transcript: Q3 2026
Q3 production averaged over 83,000 BOE/d and FFO was $196 million, with a temporary $10 million inventory impact. Management expects record 2026 production and more than $50 million of incremental 2027 free cash flow from synergies.
Parex Resources Earnings release: Q3 2026
Parex Resources released its Q3 2026 earnings on November 6, 2026, summarizing the period's financial results.
Parex Resources Report: Q3 2026
Parex Resources published a report on November 6, 2026 containing material business information for investors and shareholders.
Parex Resources MD&A: Q3 2026
Parex Resources filed a regulatory document on November 6, 2026 disclosing important business information.
Parex Resources Announces Q3 2026 Results, Delivers Step Change in Production, and Declares Q4 2026 Dividend
CALGARY, Alberta, Nov. 06, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operational results for the three-month period e...
Parex Resources initiated with an Outperform at ATB Cormark
ATB Cormark initiated coverage of Parex Resources (PARXF) with an Outperform rating and C$35 price target
Parex Resources price target raised to C$32 from C$30 at Scotiabank
Scotiabank raised the firm’s price target on Parex Resources (PARXF) to C$32 from C$30 and keeps a Sector Perform rating on the shares.
Parex Resources Announces Production Update and Timing of Q3 2026 Results
CALGARY, Alberta, Oct. 08, 2026 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as plans to release its Q3 2026 financial & operatin...
Parex Resources Announces Production Update and Timing of Q3 2026 Results
CALGARY, Alberta, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as plans to release its Q3 2026 financial & operati...
Parex Resources upgraded to Buy from Neutral at BTG Pactual
BTG Pactual analyst Daniel Guardiola upgraded Parex Resources (PARXF) to Buy from Neutral with a C$34 price target
Parex Resources Targets 90,000 Bpd as Frontera Deal, Ecopetrol Projects Fuel Growth
Parex Resources TSE: PXT outlined a strategy centered on production growth, integration of acquired assets, expanded partnerships with Ecopetrol and a renewed exploration program in Colombia, accordin...
Parex Resources Transcript: EnerCom Denver – The Energy Investment Conference
Production is set to double to over 90,000 bopd by year-end, driven by a major acquisition and robust exploration. Strategic partnerships, technology adoption, and a pro-business government underpin growth, while shareholder returns remain a priority.
Parex Resources Slides: EnerCom Denver – The Energy Investment Conference
Parex Resources has posted slides in relation to its latest quarterly earnings report, which was published on August 19, 2026.
Parex Resources price target raised to C$30 from C$29 at Scotiabank
Scotiabank raised the firm’s price target on Parex Resources (PARXF) to C$30 from C$29 and keeps a Sector Perform rating on the shares.
Parex Resources price target lowered to C$37 from C$41 at Roth Capital
Roth Capital lowered the firm’s price target on Parex Resources (PARXF) to C$37 from C$41 and keeps a Buy rating on the shares. The firm cites higher costs for the…
Parex Resources Q2 Earnings Call Highlights
Parex Resources TSE: PXT said its second-quarter results marked a turning point following transactions that expanded its production base, reserves and Colombian operating footprint, with management fo...
Parex Resources Earnings Call Transcript: Q2 2026
Major acquisitions and partnerships nearly doubled production guidance and expanded reserves by over 80%. Despite rising costs and pricing pressures, strong operational momentum and integration synergies are expected to drive significant free cash flow and support continued growth.
Parex Resources Report: Q2 2026
Parex Resources published a report on July 31, 2026 containing material business information for investors and shareholders.
Parex Resources Earnings release: Q2 2026
Parex Resources released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Parex Resources MD&A: Q2 2026
Parex Resources filed a regulatory document on July 31, 2026 disclosing important business information.
Parex Resources Announces Production Update and Timing of Q2 2026 Results
CALGARY, Alberta, July 06, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as plans to release its Q2 2026 financial and opera...
Parex Resources price target raised to C$29 from C$20 at Scotiabank
Scotiabank raised the firm’s price target on Parex Resources (PARXF) to C$29 from C$20 and keeps a Sector Perform rating on the shares.
Parex Resources resumed with a Sector Perform at Scotiabank
Scotiabank analyst Kevin Fisk resumed coverage of Parex Resources (PARXF) with a Sector Perform rating and C$29 price target after coming off restriction.
FRONTERA COMPLETES DIVESTMENT OF ITS COLOMBIAN E&P ASSETS PORTFOLIO TO PAREX RESOURCES; POSITIONS ITSELF AS A STANDALONE INFRASTRUCTURE COMPANY ANNOUNCES RETURN OF CAPITAL DISTRIBUTION TO SHAREHOLDERS
Frontera's Delivered Approximately $1.3 Billion to Investors from Multi-Year Value Creation Initiatives Initial Distribution Delivers C$8.34 per Share in Cash to Shareholders Frontera Infrastructure W...