Parex Resources Inc. (PAEXY)
Market Closed
16 Oct, 08:00 PM
OTC PINK OTC PINK Primary $
20. 25
+0.03
+0.1484%
$
1.79B Market Cap
3.99 P/E Ratio
0.97% Div Yield
100 Volume
5.82 Eps
$ 20.22
Previous Close Want to track PAEXY and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
Parex Resources: A Strong Buy Before Its Production Explosion
Parex Resources is rated a strong buy, driven by transformative acquisitions and a robust production growth outlook. Recent deals—Frontera-Colombia acquisition and Magdalena farm-in—are set to nearly double production by 2H2026, with significant reserve and cost synergy upside. Pro forma valuation suggests a 62–106% share price upside, supported by disciplined capital allocation, strong FCF, and a 5.7% dividend yield.
Seekingalpha | 5 months ago
Parex Resources Q1 Earnings Call Highlights
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 production company.
Marketbeat | 5 months ago
2026 © Marketlog. All Rights Reserved.
