Parex Resources reports Q3 EPS 52c vs. 65c last year

Average oil & natural gas production was 43,953 boe/d, an increase of 3% compared to the prior quarter. “As we advance our 2025 plan, strong operational execution is fueling steady production growth and setting the stage for a strong start to 2026,” commented Imad Mohsen, President & Chief Executive Officer. “Our robust base assets remain a reliable source of strong performance, in addition to top-tier operations at LLA-32, and continued near-field exploration success at LLA-74. We are encouraged by the progress in the VIM-1 area, with a high-impact exploration well now underway, and we look forward to advancing next year’s highly anticipated Llanos Foothills program, which has transformational potential.”