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Parex Resources Q4 2023 Earnings Report

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C$13.51 +0.17 (+1.27%)
(As of 12/20/2024 05:17 PM ET)

Parex Resources Earnings Headlines

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About Parex Resources

Parex Resources (TSE:PXT) Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.

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