PARXF News and Press, Parex Resources Inc From 05/18/23

2023-05-18 03:30:00 ET Summary Rondure Global Advisors is a women-owned investment adviser focused on high-quality equity investing for the long-term. We are deeply client-focused and actively cost-conscious, as we are heavily invested alongside our clients for the long haul. Rond...

CALGARY, Alberta, May 11, 2023 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 11, 2023, that it held its annual general and special meeting of shareholders (the “Meeting”) and all matters ...

2023-05-10 17:47:58 ET Parex Resources press release ( OTCPK:PARXF ): Q1 GAAP EPS of C$0.96. Revenue of C$57.2M (-16.5% Y/Y). For further details see: Parex Resources GAAP EPS of C$0.96, revenue of C$57.2M

CALGARY, Alberta, May 10, 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 ended March 31, 2023, and the declaration of its Q2 2023 regular div...

2023-04-27 06:15:34 ET Summary The heightened geopolitical risk associated with operating in Colombia is weighing on Parex's market value. Parex has mapped out a solid growth path and holds quality onshore oil assets. The company's solid financial position and long-term debt-f...

CALGARY, Alberta, April 17, 2023 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it is resuming full operations at its Capachos Block (50% W.I.). The Company also provides an update on its Arauca Block (50% W.I...

2023-04-17 10:33:12 ET Summary Parex Resources has a market capitalization of more than $2 billion and no debt, with continued massive FCF generation. The company can cover its respectable dividend and capital expenditures at $60/barrel, capital expenditures that enable continued ...

2023-04-17 05:06:00 ET Summary Heightened perception of risk associated with operating in Colombia weighing heavily on market value. Strong growth prospects including a transformational opportunity in offshore Guyana. Frontera remains heavily undervalued despite record 2022 re...

2023-04-16 00:40:59 ET Summary Debt-free Parex Resources recently announced a 50% increase to its quarterly base dividend. This boost to shareholders is in keeping with the company's commitment to return at least one-third of FFO and 100% of FFF to shareholders. Parex has repu...

2023-04-11 08:55:03 ET Summary Thirty-eight mid-cap energy producers were evaluated using a quality matrix with factors including Price/Sales, Net Income Margin, Free Cash Flow Margin, and Total Debt/Market Cap. The quality matrix is a broad effort to identify those mid-cap produc...