Parex Resources (PARXF) Stock Price, News & Analysis

Company Overview

Parex Resources Inc. is a Canada-based, independent exploration and production company focused on the discovery, development and commercialization of light and medium crude oil resources. Headquartered in Calgary, Alberta, the company is primarily active in Colombia, where it holds a diversified portfolio of exploration and production blocks. Parex pursues a strategy that integrates technical expertise, operational efficiency and cost discipline to deliver value across the oil and gas lifecycle.

Since its inception in the early 2000s, Parex has concentrated its efforts in the Llanos Basin of eastern Colombia, where it has established operated positions on several key blocks. The company’s assets span both mature fields and emerging exploration opportunities, and its operations encompass seismic acquisition, drilling and completions, reservoir management and infrastructure optimization. Parex’s portfolio is designed to balance near-term production growth with the potential for longer-term reserve replacement and exploration success.

Throughout its history, Parex has grown through a combination of farm-in agreements, asset acquisitions and organic exploration. The company’s first major production ramp-up occurred after securing a stake in the CPE-6 block, and it has since added adjacent acreage through strategic partnerships. Parex places a strong emphasis on operational execution and innovative drilling techniques, which have underpinned its track record of cost control and steady production increases in a competitive environment.

Leadership at Parex Resources is headed by President and Chief Executive Officer Andrew Dalton, who brings more than two decades of industry experience to the role. The company is supported by a board of directors with expertise in upstream oil and gas, corporate governance and international markets. In addition to its core exploration and production activities, Parex is committed to environmental stewardship and community engagement, working closely with local stakeholders to promote safe operations and sustainable development in the regions where it operates.

Key Stats

• Today's Range: $10.60 to $10.73
• 50-Day Range: $8.58 to $11.48
• 52-Week Range: $7.31 to $16.00
• Volume: 23,647 shs
• Average Volume: 54,634 shs
• Market Capitalization: N/A
• P/E Ratio: 23.52
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

PARXF Stock Analysis - Frequently Asked Questions

How have PARXF shares performed this year?

Parex Resources' stock was trading at $10.17 on January 1st, 2025. Since then, PARXF shares have increased by 5.3% and is now trading at $10.71.

How do I buy shares of Parex Resources?

Shares of PARXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Today: 7/18/2025
• Next Earnings (Estimated): 7/30/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PARXF
• CIK: 2073620
• Web: www.parexresources.com
• Phone: (403) 265-4800
• Fax: N/A
• Employees: 449
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 23.52
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A