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 ...

Parex is significantly undervalued at 1.96x EV/EBITDA due to concerns about political risks. Parex is a stellar business with great capital allocation at a 23.5% ROCE and top EBITDA margins at 68%.

Parex Resources's 8.3% dividend is currently well-covered by cash flow, with a payout ratio of just 75% in the first nine months of 2025. The energy stock's biggest risk, a three-year production ...

Parex Resources (TSE:PXT – Get Free Report) had its price objective increased by stock analysts at Royal Bank of Canada from C$15.00 to C$16.00 in a research report issued on Thursday,BayStreet.CA ...

CALGARY, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they ...