CA - Parex Resources GAAP EPS of $2.29 revenue of $61.93M misses by $333.93M
2023-03-09 03:29:42 ET
- Parex Resources press release ( OTCPK:PARXF ): Q4 GAAP EPS of $2.29.
- Revenue of $61.93M (+10.4% Y/Y) misses by $333.93M .
- Quarterly average oil and natural gas production was 54,257 boe/d, an increase of 9% over Q4 2021 and 6% over Q3 2022.
- Outlook: Parex’s average production guidance of 57,000 to 63,000 boe/d for FY 2023 had been widened relative to previous years in order to better account for above ground factors that can at times impact Colombian operations.
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Parex Resources GAAP EPS of $2.29, revenue of $61.93M misses by $333.93M