Parex Resources Inc. — News

Parex Resources TSE: PXT said its second-quarter results marked a turning point following transactions that expanded its production base, reserves and Colombian operating footprint, with management focusing on integration, cost synergies and organic exploration opportunities in the second half of 2026.

marketbeat.com - 2026-08-01 07:04:16

Parex Resources has completed its acquisition of Frontera's upstream assets, effective June 1. With the acquisition, PARXF is guiding to a significant production increase in Q3. The integration of Frontera assets is expected to materially impact near-term output.

seekingalpha.com - 2026-07-10 20:15:24

Parex Resources is on the verge of a significant production increase, yet market interest remains muted. Historically, major upside in stocks like PARXF attracts attention only after substantial gains have already occurred. PARXF's current lack of market enthusiasm may present a contrarian opportunity ahead of its anticipated production jump.

seekingalpha.com - 2026-05-29 22:15:16

Parex Resources is rated a strong buy, driven by transformative acquisitions and a robust production growth outlook. Recent deals—Frontera-Colombia acquisition and Magdalena farm-in—are set to nearly double production by 2H2026, with significant reserve and cost synergy upside. Pro forma valuation suggests a 62–106% share price upside, supported by disciplined capital allocation, strong FCF, and a 5.7% dividend yield.

seekingalpha.com - 2026-05-18 16:57:03

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 double the company's production base and make it the country's largest independent exploration and production company.

marketbeat.com - 2026-05-16 12:07:18

Parex Resources Inc. (PXT:CA) Shareholder/Analyst Call Prepared Remarks Transcript

seekingalpha.com - 2026-05-13 00:10:46

Parex Resources Inc. (PXT:CA) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-12 14:00:55

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 oil and gas producer and to provide new corporate guidance. Additionally, the Company reports its financial and operating results for the three-month period ended March 31, 2026, and the declaration of its Q2 2026 regular dividend of C$0.385 per share.

globenewswire.com - 2026-05-12 07:00:00

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 amount of senior unsecured notes due 2031 (the “Notes”) in a private placement offering (the “Offering”). The Notes were priced at par and will bear interest at a rate of 8.50% per annum and mature on May 11, 2031.

globenewswire.com - 2026-05-07 08:00:00