Parex Resources Inc. (TSX:PXT)

Canada flag Canada · Delayed Price · Currency is CAD
21.34
-0.01 (-0.05%)
At close: Feb 27, 2026
47.99%
Market Cap 2.05B
Revenue (ttm) 1.26B
Net Income (ttm) 154.84M
Shares Out 95.97M
EPS (ttm) 1.58
PE Ratio 13.49
Forward PE 14.08
Dividend 1.54 (7.22%)
Ex-Dividend Date Dec 8, 2025
Volume 628,044
Average Volume 641,726
Open 21.73
Previous Close 21.35
Day's Range 21.14 - 21.75
52-Week Range 10.30 - 22.32
Beta 0.72
RSI 56.24
Earnings Date Mar 4, 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. Parex Resources Inc. was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]

Sector Energy
Founded 2009
Employees 448
Stock Exchange Toronto Stock Exchange
Ticker Symbol PXT
Full Company Profile

Financial Performance

In 2024, Parex Resources's revenue was $1.09 billion, a decrease of -7.24% compared to the previous year's $1.17 billion. Earnings were $60.68 million, a decrease of -86.79%.

Financial numbers in USD Financial Statements

News

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...

5 days ago - PRNewsWire

Parex Resources (PARXF) Proposes $500M Acquisition of Frontera Energy's Colombian Assets

Parex Resources (PARXF) Proposes $500M Acquisition of Frontera Energy's Colombian Assets

6 days ago - GuruFocus

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.

6 days ago - Reuters

Parex Resources Announces Nomination of Six Directors to GeoPark's Board

CALGARY, Alberta, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. ("Parex" or the "Company") (TSX: PXT), which has an approximate 11.8% ownership position in GeoPark Limited ("GeoPark") (NYSE:...

9 days ago - Benzinga

Parex Resources: The Rebound Continues

Parex Resources: The Rebound Continues

27 days ago - Seeking Alpha

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...

5 weeks ago - GlobeNewsWire

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...

5 weeks 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-...

6 weeks ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

Parex: Getting Paid To Wait - Why Its 8% Yield Is Deeply Mispriced

Parex Resources is a cash-rich Colombian oil producer with an 8% dividend yield, trading at a deep discount due to country risk concerns. PARXF's enhanced oil recovery techniques, like waterflooding a...

3 months ago - Seeking Alpha

Parex Resources Inc. (PXT:CA) Q3 2025 Earnings Call Transcript

Parex Resources Inc. ( PXT:CA) Q3 2025 Earnings Call November 4, 2025 11:30 AM EST Company Participants Michael Kruchten - Senior Vice President of Capital Markets & Corporate Planning Imad Mohsen - ...

4 months ago - Seeking Alpha

Parex Resources: Recovering From An Unexpected But Normal Challenge

Parex Resources' high-yield dividend and clean balance sheet create a compelling contrarian opportunity after recent production setbacks. With minimal debt and strong cash flow, a rebound is likely an...

7 months ago - Seeking Alpha

Parex Resources, Inc. (PARXF) Q2 2025 Earnings Call Transcript

Parex Resources, Inc. (OTCPK:PARXF) Q2 2025 Earnings Conference Call July 30, 2025 11:30 AM ET Company Participants Cameron Grainger - Chief Financial Officer Eric Furlan - Chief Operating Officer Ima...

7 months ago - Seeking Alpha

Parex Resources Announces Second Quarter Results, Declaration of Q3 2025 Dividend, and Operational Update

CALGARY, Alberta, July 30, 2025 (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...

7 months ago - GlobeNewsWire

Parex Resources Announces Production Update and Timing of Q2 2025 Results

CALGARY, Alberta, July 03, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update and plan to release its Q2 2025 financial and operating res...

8 months ago - GlobeNewsWire

Parex Resources Announces Appointment to the Board of Directors

CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to the Board of Directors (th...

9 months ago - GlobeNewsWire

Parex Resources: Dividend In High Yield Territory

Parex Resources faced a challenging year which is a typical outcome for upstream companies. The Colombian government is supportive, but not as effective as it could be. Parex remains nearly debt-free,...

9 months ago - Seeking Alpha

Parex Resources Announces Voting Results of Shareholders' Meeting

CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 8, 2025, it held its annual general meeting of sharehol...

10 months ago - GlobeNewsWire

Parex Resources Announces First Quarter Results, Declaration of Q2 2025 Dividend, and Operational Update

CALGARY, Alberta, May 08, 2025 (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...

10 months ago - GlobeNewsWire

Parex Resources: Prudent Guidance, Strong Rerating Potential

Parex Resources faced setbacks due to slower-than-expected volume additions and rapid productivity decline but managed to reduce capex and produce substantial free cash flow. The company shifted focus...

1 year ago - Seeking Alpha

Parex Resources Inc. (PARXF) Q4 2024 Earnings Conference Call Transcript

Parex Resources Inc. (OTCPK:PARXF) Q4 2024 Earnings Conference Call March 6, 2025 5:00 AM ET Company Participants Mike Kruchten - SVP, Capital Markets and Corporate Planning Imad Mohsen - President an...

1 year ago - Seeking Alpha

Parex Resources: More Low-Risk Development Opportunities

Parex Resources expanded its joint venture with Ecopetrol. The Arantes exploration well was abandoned due to technical issues. 2025 guidance projects production to average around 45,000 BOED.

1 year ago - Seeking Alpha

Parex Resources Announces 2025 Guidance and Production Update

CALGARY, Alberta, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2025 guidance, announce that its syndicated credit facility has...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

Parex Resources Inc. (PARXF) Q3 2024 Earnings Call Transcript

Parex Resources Inc. (OTCPK:PARXF) Q3 2024 Earnings Conference Call November 6, 2024 11:30 AM ET Company Participants Mike Kruchten - Senior Vice President, Capital Markets and Corporate Planning Imad...

1 year ago - Seeking Alpha