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Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena.


TSX:PXT - Post by User

Parex Resources Inc > Earnings beatdown
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Comment by GoldfingerU3O8on Aug 02, 2024 10:37am
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Post# 36160719

RE:RE:Earnings beatdown

RE:RE:Earnings beatdownThis is certainly not true. There presentation says that their pdp per share were growing from 0,55 in 2020 to 0,8 in 2023. Slide 13

https://parexresources.com/wp-content/uploads/2024/08/PXT-Investor-Presentation-August-2024-FINAL.pdf

Proved developed producing (PDP) reserves are those for which the well is completed, and the reserves are currently being produced.
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