Parex Resources Inc. (TSX:PXT)

Canada flag Canada · Delayed Price · Currency is CAD
28.30
+0.38 (1.36%)
May 11, 2026, 1:09 PM EST
Market Cap2.68B +136.2%
Revenue (ttm)1.22B -18.2%
Net Income349.75M +320.4%
EPS3.59 +337.9%
Shares Out96.09M
PE Ratio7.77
Forward PE7.62
Dividend1.54 (5.52%)
Ex-Dividend DateMar 18, 2026
Volume157,468
Average Volume736,301
Open28.37
Previous Close27.92
Day's Range28.23 - 28.55
52-Week Range12.09 - 30.20
Beta0.47
RSI56.28
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 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...

4 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...

6 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 ...

6 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...

11 days ago - GlobeNewsWire

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. Published first on TheFly – the

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...

2 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...

2 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. Published first on TheFly – the

2 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.

2 months ago - Transcripts

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

2 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. Published first on TheFly – the ultimate source for real-time, market-moving

2 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...

2 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...

2 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.

2 months ago - Reuters

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...

2 months ago - TheFly

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...

2 months ago - TheFly

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

3 months ago - TheFly

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...

3 months ago - GlobeNewsWire

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

3 months ago - TheFly

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

3 months ago - TheFly

Parex Resources Announces 2026 Guidance and Board Chair Transition

CALGARY, Alberta, Jan. 19, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2026 guidance. Additionally, the Company announces that Wayne F...

3 months ago - GlobeNewsWire

Parex Resources Announces Production Update

CALGARY, Alberta, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update and the abandonment of the Guapo-1 exploration well at VIM-...

4 months ago - GlobeNewsWire

Parex Resources initiated with a Buy at Roth Capital

Roth Capital initiated coverage of Parex Resources (PARXF) with a Buy rating and C$24 price target The firm sees a “compelling” valuation at current share levels given the company’s leading

5 months ago - TheFly

Parex Resources halts discussions with GeoPark regarding acquisition

Parex Resources (PARXF) announced that it has halted discussions with GeoPark (GPRK) regarding the acquisition of GeoPark by Parex. Based on Parex’s review of information provided by GeoPark since Nov...

5 months ago - TheFly

Parex Resources Announces Llanos Foothills Strategic Alliance, Operational Strength, and Timing of 2026 Guidance

CALGARY, Alberta, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce an update...

5 months ago - GlobeNewsWire