PARXF News and Press, Parex Resources Inc From 01/10/22

The shares of Canadian oil and gas producer Crescent Point (CPG) have rallied more than 100% in price over the past year, driven by a favorable oil and gas market environment. Furthermore, Wall Street analysts see a potential upside in the stock. However, with the COVID-19 omicron variant fos...

Parex Resources has the ability to generate double-digit shareholder returns with its continued cash flow. The company is investing heavily in its future growth but it's betting on $60+/barrel Brent for the year to see that pan out. The company's exploration capital can help it ma...

Parex combines an exceptionally healthy balance sheet with robust production numbers at a low opex. Parex will hike its FY2022 capex to over $400M, but will still generate in excess of $200M in FCF at $70 Brent. As long as Brent stays over $65/barrel, I think Parex is a buy on any...

Parex Resources Inc. (PARXF) Q3 2021 Earnings Conference Call November 4, 2021 11:30 a.m. ET Company Representatives Imad Mohsen - President, Chief Executive Officer Ken Pinsky - Chief Financial Officer Mike Kruchten - Sr. Vice President, Capital Markets & Corporate Planning Conference Ca...

Parex Resources (OTCPK:PARXF) declares CAD 0.125/share quarterly dividend, in line with previous. Forward yield 2.11% Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14. The Board also approves a special cash dividend in the amount of CAD0.25 per common share, to be payable o...

The recent relentless rally in crude oil and natural gas prices has attracted investors' attention to the sector. And because the rally shows no sign of abating in the near term, we think it’s worth exploring if Kosmos (KOS) could be a good addition to one’s portfolio now, given...

Oil prices have hit their multi-year highs, fueled by a global supply crunch amid surging demand. And because oil prices are expected to continue moving higher, we think pipeline operators and oil-producing companies should garner big returns. However, considering Enbridge (ENB)’s weak...

Parex Resources (OTCPK:PARXF) declares CAD 0.125/share quarterly dividend. Forward yield 2.57% Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept. 14. See PARXF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Parex Resources declares CAD ...

The company has no debt outstanding. The cash balance usually averages more than $2 per share. The government of Colombia supports the industry. National strikes resulting in blockades throw additional uncertainty on future results. High netbacks and excellent cash flow ap...

Plenty of positive catalysts for Gran Tierra Energy are emerging. Higher oil bodes well for the driller. Political turmoil continues in Colombia but it is easing. For further details see: Oil Soars Making Gran Tierra Energy A Bargain To Buy Today