Parex Resources Inc. 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 dividend of C$0.375 per share. Parex also announces the pending retirement of Ken Pinsky, Chief Financial Officer and Corporate Secretary, who is electing to retire effective November 30, 2023. All amounts herein are in United States Dollars unless [...]
Parex Resources Inc. is pleased to announce that it is resuming full operations at its Capachos Block . The Company also provides an update on its Arauca Block , announces that it will release its Q1 2023 financial and operating results on Wednesday, May 10, 2023, and will hold its Annual General and Special Meeting of shareholders at 9:30 am MT on Thursday, May 11, 2023. Resuming Operations at Capachos Block and Update [...]
Parex Resources Inc. is pleased to announce its financial and operating results for the three- and twelve-month periods ended December 31, 2022. All amounts herein are in United States dollars unless otherwise stated. "Reflecting on my second year at Parex, I am extremely proud of our team's ability to deliver another year of record results. In 2022, we hit new corporate milestones, generating record cash flow [...]
Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2022, as well as a corporate update. The financial and operational information contained below is based on the Company's unaudited estimated results for year-end December 31, 2022. All currency amounts are in United States dollars unless otherwise stated. The following reserves categories are discussed [...]
Parex Resources Inc. is pleased to announce that the Toronto Stock Exchange has approved the Company commencing a normal course issuer bid . Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 10,675,555 common shares of the Company . The Bid will commence on January 4, 2023 and will terminate on January 3, 2024 or such earlier time as the Bid is [...]
Parex Resources Inc. is pleased to announce a fulsome business update, alongside its 2023 budget and guidance. The Company is hosting a capital markets day, which will be presented by members of Parex's senior leadership team. The event will be webcast on Dec 6, 2022, with a link available at www.parexresources.com, beginning at 1:30 pm EST. All amounts herein are in United States Dollars unless otherwise stated. Key [...]
Parex Resources Inc. will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST in Bogotá, Colombia. The presentation will focus on the Company's strategy, operations, and future opportunities in Colombia. Parex presenters will include: Imad Mohsen - President & Chief Executive Officer Daniel Ferreiro - President & Country Manager Ken Pinsky - Chief Financial Officer Eric Furlan - Chief Operating [...]
Parex Resources Inc. is pleased to announce its financial and operating results for the three-month period ended September 30, 2022, as well as the declaration of its Q4 2022 regular dividend of C$0.25 per share. All amounts herein are in United States Dollars unless otherwise stated. Key Highlights Q3 2022 net income of $65.6 million. Q3 2022 funds flow provided by operations of $206.4 million and FFO per share of $1.85 [...]
Parex Resources Inc. announced an operational update inclusive of crude oil discoveries. Also announced is the completion of purchases under its current normal course issuer bid and an update on its balance sheet. All amounts herein are in United States Dollars unless otherwise stated. Key Highlights Q3 2022 average production is estimated to be 51,100 boe/d, up approximately 8% from Q3 2021. Current production is [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that lunch keynote presentations will feature BPX Energy, Vivek Ramaswamy with Strive Wealth [...]
Preliminary Presentation Times and Schedule for Participating Companies at EnerCom Denver Now Posted on the Conference Website EnerCom, Inc. announced today that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for the EnerCom Denver conference can now request One-on-One meetings with the senior management teams of participating companies on the [...]