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Last C$9.58 CAD
Change Today -0.10 / -1.03%
Volume 403.5K
PXT On Other Exchanges
As of 5:00 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

parex resources inc (PXT) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/25/14 - C$15.49
52 Week Low
01/13/15 - C$5.97
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for PAREX RESOURCES INC (PXT)

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parex resources inc (PXT) Details

Parex Resources Inc., together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas in South America. It holds interests in onshore exploration and production blocks totaling approximately 2,616,897 gross acres in Colombia. As of December 31, 2014, the company had proved plus probable reserves of 68.4 million barrels of oil equivalent. Parex Resources Inc. was incorporated in 2009 and is headquartered in Calgary, Canada.

278 Employees
Last Reported Date: 03/10/15
Founded in 2009

parex resources inc (PXT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$370.0K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$290.0K
Chief Operating Officer
Total Annual Compensation: C$325.0K
President of Parex Colombia
Total Annual Compensation: C$317.0K
Executive Vice President of Exploration & Bus...
Total Annual Compensation: C$295.0K
Compensation as of Fiscal Year 2014.

parex resources inc (PXT) Key Developments

Parex Resources Seeks Acquisition Of Acreage In Colombia

Parex Resources Inc. (TSX:PXT) is looking to acquire additional acreage. Parex Resources entered into an agreement with a syndicate of underwriters, pursuant to which the underwriters have agreed to purchase for resale to the public, on a bought deal basis, 13 million common shares of Parex for gross proceeds of $118.95 million. The net proceeds from this offering are expected to be used to fund growth opportunities including opportunistic acquisitions of additional acreage in Colombia.

Parex Resources Inc. Announces Production Results for the First Quarter of 2015; Provides Production Guidance for the Year of 2015

Parex Resources Inc. announced production results for the first quarter of 2015. For the quarter, the company reported oil production averaged approximately 26,700 barrels of oil per day (bopd), exceeding its original 2015 fully year production guidance of 26,500 bopd. For the year of 2015, the company expects base production (excluding 2015 exploration) of 26,500-26,700 bopd.

Parex Resources Inc. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-08-2015 01:45 PM

Parex Resources Inc. Presents at 2015 CAPP Scotiabank Investment Symposium, Apr-08-2015 01:45 PM. Venue: Sheraton Centre Hotel, 123 Queen Street West, Toronto, Ontario, Canada. Speakers: Wayne Kim Foo, Chief Executive Officer, President and Director.


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