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Parex Resources (TSE:PXT) outlined a strategy centered on production growth, integration of acquired assets, expanded partnerships with Ecopetrol and a renewed exploration program in Colombia, according to a company presentation in Denver. The Calgary-based, Toronto-listed Colombian oil and gas pro
Frontera Energy (TSE:FEC) said its second-quarter results reflected the completion of its transformation into a standalone infrastructure-focused company, supported by higher port revenue at Puerto Bahia, improved cash generation and progress on a planned LNG regasification project in Cartagena. Th
Parex Resources (TSE:PXT) said its second-quarter results marked a turning point following transactions that expanded its production base, reserves and Colombian operating footprint, with management focusing on integration, cost synergies and organic exploration opportunities in the second half of 2
Parex Resources Inc (PARXF) becomes Colombia's largest independent E&P company, with reserves up over 80% and production surging to 83,000 BOE per day.
EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin Denver Downtown.
CALGARY, Alberta, July 06, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announces a production update as well as plans to release its Q2 2026 financial and operating results on Friday, July 31, 2026. Q2 2026 Production Update(1)(2) Q2 2026 average production was 54,090 boe/d.Production in June was supported by the successful closing of the acquisition of Frontera E&P(3) and increased production from near-field exploration success at LLA-111.On June 1, 2026,
Shareholders in Parex Resources Inc. ( TSE:PXT ) may be thrilled to learn that the analysts have just delivered a major...
Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced the successful completion of the previously announced plan of arrangement pursuant to which Parex Resources Inc. (TSX: PXT) ("Parex") through its wholly-owned subsidiary Parex AcquisitionCo Inc. has acquired 100% of Frontera International Holdings B.V., which holds all of Frontera's Colombian exploration and production assets, its reverse osmosis water treatment facility and its palm oil plantation (collectively
CALGARY, Alberta, June 01, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce the successful closing of its previously announced acquisition of all the Colombian exploration and production assets of Frontera Energy Corporation. Pursuant to the transaction, Parex acquired 100% of Frontera Petroleum International Holdings B.V. (“Frontera E&P”) for cash consideration of US$500 million, funded with the proceeds from Parex’s recent issuance of s
The stock price didn't jump after Parex Resources Inc. ( TSE:PXT ) posted decent earnings last week. We did some...
Parex Resources (TSE:PXT) said it is moving through a major expansion in Colombia, with management outlining a series of acquisitions, partnerships and drilling programs that it expects will nearly double the company’s production base and make it the country’s largest independent exploration and pro
As global markets respond to geopolitical tensions and an improving U.S. labor market, Canadian equities have quietly been navigating these turbulent waters with resilience. In such a dynamic environment, identifying promising stocks often involves looking beyond headline-grabbing giants to uncover lesser-known companies that exhibit strong fundamentals and potential for growth.
Parex Resources (TSX:PXT) is set to become Colombia's largest independent oil and gas producer following acquisitions of Frontera E&P assets. The company has entered a 50% participating partnership with Ecopetrol on the Casabe and Llanito blocks. These transactions expand Parex's Colombian production base and reserves and reshape its position in the country's energy sector. Parex Resources comes into this shift with its share price at CA$26.98 and a 1-year return of 133.8%. The stock is...
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that on May 12, 2026, it held its annual general and special meeting of shareholders (the “Meeting”) and all matters presented have been fully authorized and approved. At the Meeting, shareholders approved the election of nine nominees as directors of Parex, to serve until the next annual meeting of shareholders or until their successors are elected or appointed. T
CALGARY, Alberta, May 12, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Company is poised to become Colombia’s largest independent oil and gas producer and to provide new corporate guidance. Additionally, the Company reports its financial and operating results for the three-month period ended March 31, 2026, and the declaration of its Q2 2026 regular dividend of C$0.385 per share. All amounts herein are in United States Dollar
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it has agreed to issue US$500 million aggregate principal amount of senior unsecured notes due 2031 (the “Notes”) in a private placement offering (the “Offering”). The Notes were priced at par and will bear interest at a rate of 8.50% per annum and mature on May 11, 2031. The closing of the Offering is subject to customary closing conditions and is expected to
Investors may be wondering if Parex Resources is still attractively priced after its recent run, or if most of the upside is already reflected in the share price. The stock last closed at $28.38 and has delivered a 51.6% return year to date and 192.2% over the past year, while the last 7 days showed a 1.6% decline and the last 30 days a 4.0% gain. Recent attention on Parex Resources has focused on its share price strength over the past year and how that compares to its three and five year...
Parex Resources is moving toward closing its acquisition of Frontera’s Colombian upstream oil and gas assets after strong shareholder backing and final court approval. The company has also signed new partnership agreements with Ecopetrol to jointly develop the Casabe and Llanito blocks in Colombia’s Magdalena Basin. Parex plans to invest US$250 million over five years in these Ecopetrol blocks and will hold a 50% interest in both current and future production. For investors watching...
Why Parex Resources stock is on investor radars Parex Resources (TSX:PXT) has drawn attention after a run of strong share returns, with the stock up over the past month, past 3 months and year to date, prompting fresh interest in its fundamentals. See our latest analysis for Parex Resources. With the share price at around CA$29.70 and a 90 day share price return of 43.2%, Parex Resources has built strong momentum recently, while its 1 year total shareholder return of 199.59% reflects the...
The Toronto Stock Exchange has closed lower in all but one of the last eight sessions, with the late
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