Parex Resources (OTCMKTS:PARXF – Get Free Report) is anticipated to post its results before the market opens on Tuesday, May 12th. Analysts expect Parex Resources to post earnings of $0.3050 per share and revenue of $225.0440 million for the quarter.
Parex Resources Price Performance
Shares of PARXF opened at $20.80 on Tuesday. The business’s 50 day moving average is $18.52 and its 200 day moving average is $15.33. Parex Resources has a 12-month low of $7.59 and a 12-month high of $21.22.
About Parex Resources
Parex Resources Inc is a Canada-based exploration and production company primarily engaged in the acquisition, development and production of oil resources. The company holds a portfolio of prolific onshore blocks in Colombia, targeting both light and medium crude oil. Parex employs a strategic exploration approach, integrating seismic studies and advanced drilling techniques to optimize reservoir development and enhance recovery rates.
Headquartered in Calgary, Alberta, Parex has focused its operations on Colombia’s Llanos Basin and the Caguan and Putumayo basins.
Featured Stories
Receive News & Ratings for Parex Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parex Resources and related companies with MarketBeat.com's FREE daily email newsletter.
