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,
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
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 per
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. (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 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.
CALGARY, Alberta, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the C
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 faci

Parex: Turning The Situation Around

08:01am, Sunday, 17'th Nov 2024
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. (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
CALGARY, Alberta, Nov. 05, 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 pe
Parex Resources, a small cap oil company, has a market cap of $950 million and strong assets, despite a 50% stock decline. The company faces production challenges, particularly with the Arauca field,
CALGARY, Alberta, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as its plan to release its Q3 2024 financia

Parex Resources: Twilight In The LLA-34 Jungle

03:56am, Tuesday, 01'st Oct 2024
With an updated 2024 production guidance of 49,000 barrels of oil equivalent per day (boe/d), Parex is Colombia's largest independent oil producer. Under the assumption of $80 Brent prices, it would t
CALGARY, Alberta, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) provides an update on its current operations, corporate guidance, outlook, and an
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