Parex Resources Inc. (TSX:PXT)
| Market Cap | 2.31B +85.2% |
| Revenue (ttm) | 1.20B -16.7% |
| Net Income | 249.92M +120.5% |
| EPS | 2.58 +128.1% |
| Shares Out | 96.18M |
| PE Ratio | 9.31 |
| Forward PE | 4.83 |
| Dividend | 1.54 (6.40%) |
| Ex-Dividend Date | Jun 8, 2026 |
| Volume | 879,626 |
| Open | 24.03 |
| Previous Close | 24.36 |
| Day's Range | 23.80 - 24.15 |
| 52-Week Range | 13.49 - 30.20 |
| Beta | 0.47 |
| Analysts | Hold |
| Price Target | 33.88 (+40.87%) |
| Earnings Date | May 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]
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 StatementsNews
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...
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 Slides: FY 2026
Parex Resources has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 12, 2026.
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 Earnings release: Q1 2026
Parex Resources released its Q1 2026 earnings on May 12, 2026, summarizing the period's financial results.
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.
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.
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 Slides: Investor presentation
Parex Resources has posted slides in relation to its latest quarterly earnings report, which was published on March 23, 2026.
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 Earnings release: Q4 2025
Parex Resources released its Q4 2025 earnings on March 5, 2026, summarizing the period's financial results.
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.