Parex Resources Inc. (PAEXY)
Market Closed
10 Jul, 20:00
OTC PINK OTC PINK Primary $
18. 63
0
0%
$
1.79B Market Cap
3.99 P/E Ratio
1.1% Div Yield
100 Volume
5.82 Eps
$ 18.63
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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 | 1 month 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 | 1 month ago
