Parex Resources Inc. (TSX: PXT)
Canada
· Delayed Price · Currency is CAD | Market Cap | 2.40B |
| Revenue (ttm) | 1.94B |
| Net Income (ttm) | 565.01M |
| Shares Out | 102.47M |
| EPS (ttm) | 5.36 |
| PE Ratio | 4.33 |
| Forward PE | 4.14 |
| Dividend | 1.51 (6.50%) |
| Ex-Dividend Date | Jun 10, 2024 |
| Volume | 707,440 |
| Open | 23.21 |
| Previous Close | 23.15 |
| Day's Range | 23.10 - 23.47 |
| 52-Week Range | 20.17 - 30.06 |
| Beta | 1.56 |
| Analysts | n/a |
| Price Target | 31.50 (+35.66%) |
| Earnings Date | Jul 31, 2024 |
About Parex Resources
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada. [Read more]
Financial Performance
In 2023, PXT's revenue was $1.41 billion, a decrease of -13.94% compared to the previous year's $1.64 billion. Earnings were $459.31 million, a decrease of -24.87%.
Financial numbers in USD Financial StatementsNews
Parex Resources: Plan To Replace Declining Flagship Fields
Parex Resources (PARXF) is seeking new growth engines to replace its declining LLA-34/Cabrestero fields. Check out why I'm bullish on the stock.
Parex Resources Inc. (PARXF) Q1 2024 Earnings Call Transcript
Parex Resources Inc. (OTCPK:PARXF) Q1 2024 Results Conference Call May 9, 2024 11:30 AM ETCompany ParticipantsMike Kruchten - Senior Vice President of...
Parex Resources: Too Much Potential To Be Ignored
For the last seven years, Parex has outperformed reputable peers on both gross and operating margins. Find out why I am bullish on PARXF stock.
Parex Resources Announces Voting Results of Shareholders' Meeting
CALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 9, 2024, it held its annual general and special meeting...
Parex Resources Inc. raises dividend by 2.7% to CAD 0.385
Parex Resources Basic GAAP EPS of $0.58, revenue of $59.59M
Parex Resources Announces First Quarter Results, First Production at Arauca, and Declaration of Increased Q2 2024 Dividend
CALGARY, Alberta, May 08, 2024 (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 Announces Timing of Q1 2024 Results, Annual General Meeting, and Foothills Investor Presentation
CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it plans to release its Q1 2024 financial and operating resu...
Parex Resources and Ecopetrol Enter into Definitive Agreements to Explore Colombia's High-Potential Llanos Foothills Trend
CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that the...
Parex Resources: Dirt-Cheap Oil Producer Amidst Political Fears
Parex Resources Inc. (PARXF) Q4 2023 Earnings Call Transcript
Parex Resources reports Q4 results
Parex Resources Announces 2023 Full-Year Results & Reserves, Resumption of Northern Llanos Operations, and Declaration of Q1 2024 Dividend
CALGARY, Alberta, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three- and twelve-mont...
Parex Resources Provides Update on Northern Llanos Operations as well as Announces Timing of Q4 2023 Results
CALGARY, Alberta, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its Northern Llanos operations, which are being affected by ongoing...
Parex Resources Announces Approval of Normal Course Issuer Bid and Automatic Share Purchase Plan
CALGARY, Alberta, Jan. 16, 2024 (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 Record Full-Year & Fourth Quarter Production, Arauca Discovery, and Publishes 2024 Guidance
CALGARY, Alberta, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to publish its 2024 budget alongside an updated three-year outlook, announce p...
Colombia awards Parex Resources license for geothermal project - Reuters
Colombia awards first geothermal energy license to Canada's Parex Resources, supporting the country's renewable energy goals.
Parex Resources: Why The Exaggerated Fears Can't Compare To Its Growth Potential
Parex Resources is the largest independent company in the oil and gas sector operating in Colombia. Learn why PARXF remains significantly undervalued.
Parex Resources: Attractive, But I'm Hoping For A Bigger Pullback
Parex Resources shown strong financial performance and overall health due to a strong oil price and good production results. Find out how PARXF is still trading at an attractive level.
Parex Resources Inc. (PARXF) Q3 2023 Earnings Call Transcript
Parex Resources Inc. (OTCPK:PARXF) Q3 2023 Earnings Conference Call November 8, 2023 11:30 AM ETCompany ParticipantsMike Kruchten - SVP, Capital Markets and...
Parex Resources GAAP EPS of C$1.13, revenue of C$62.26M
Parex Resources announces Q3 results with GAAP EPS of C$1.13 and a decrease in revenue.
Parex Resources Announces Third Quarter Results, Arauca Drilling Success and Declaration of Q4 2023 Dividend
CALGARY, Alberta, Nov. 07, 2023 (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: Revised Full-Year Projections And An Optimistic Outlook
Parex, a debt-free company, is undervalued with strong financial flexibility and projected to outperform. Click here to find out why PARXF stock is rated a buy.
Parex Resources: Revised Full-Year Projections And An Optimistic Outlook
Parex, a debt-free company, is undervalued with strong financial flexibility and projected to outperform. Click here to find out why PARXF stock is rated a buy.
Parex Resources Announces Appointment of Sanjay Bishnoi to Chief Financial Officer
CALGARY, Alberta, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the appointment of Sanjay Bishnoi to Chief Financial Officer, effe...