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Parex Resources Q1 Earnings Call Highlights
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- Parex Resources Q1 Earnings Call Highlights Market Beat Sat, May 16, 2026 at 11:06 PM GMT+7 7 min read EC PXT.NE PXT.TO Key Points Interested in Parex Resources Inc.?
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- The largest of those transactions is Parex’s planned $725 million acquisition of Frontera, which Mohsen said adds roughly 37,000 barrels of oil equivalent per day of production.
Parex Resources Q1 Earnings Call Highlights Market Beat Sat, May 16, 2026 at 11:06 PM GMT+7 7 min read EC PXT.NE PXT.TO Key Points Interested in Parex Resources Inc.? Here are five stocks we like better.
Parex Resources is in the middle of a major Colombia expansion, led by the planned $725 million Frontera acquisition and an expanded Ecopetrol partnership, which management says could nearly double production and make it Colombia’s largest independent E&P company.
The company reported first-quarter production of just under 45,000 boe/day and expects output to improve through Q2, with growth supported by Putumayo operations, Block 111 exploration success, and new development wells later in the year.
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