Parex Resources Inc. (TSX:PXT)
| 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]
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 StatementsNews
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...
Parex Resources (PARXF) Proposes $500M Acquisition of Frontera Energy's Colombian Assets
Parex Resources (PARXF) Proposes $500M Acquisition of Frontera Energy's Colombian Assets
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.
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:...
Parex Resources: The Rebound Continues
Parex Resources: The Rebound Continues
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...
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...
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-...
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...
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...
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 - ...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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.
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...
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...
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...