PARXF News and Press, Parex Resources Inc From 03/02/22

Parex Resources Inc. (PARXF) Q4 2021 Earnings Conference Call March 02, 2022 11:30 AM ET Company Participants Mike Kruchten - Senior Vice President of Capital Markets & Corporate Planning Imad Mohsen - President & Chief Executive Officer Ken Pinsky - Chief Financial Officer Eric Furla...

Parex Resources press release (OTCPK:PARXF): Q4 GAAP EPS of $0.80; FFO of $1.39. Revenue of $56.12M (+66.2% Y/Y). Quarterly oil and natural gas production averaged 49,779 boe/d (96% crude oil and 4% natural gas), an increase of 7% over the fourth quarter of 2020. Production volume of 52,...

Parex Resources (OTCPK:PARXF) declares CAD 0.14/share quarterly dividend, 12% increase from prior dividend of CAD 0.13. Forward yield 1.97% Payable March 30; for shareholders of record March 15; ex-div March 14. See PARXF Dividend Scorecard, Yield Chart, & Dividend Growth. For further d...

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...