The earnings call reflected a strong operational and financial performance, with steady production growth and significant achievements in exploration and operational efficiency. Although there was a slight increase in the tax rate, the overall impact was minor compared to the extensive progress and financial stability demonstrated.

Company Guidance -

Q3 2025

During Parex Resources' Q2 2025 conference call, the company provided guidance indicating a positive trajectory for the year. They expect to meet their annual production guidance of 44,000 to 47,000 barrels of oil equivalent per day, with an anticipated strong exit positioning them favorably for 2026. The Q2 production averaged 42,542 BOE per day, consistent with expectations. The company highlighted strong financial performance, with funds flow from operations at $105 million and a netback of $26.90 per BOE, supported by favorable oil pricing differentials and lowered production costs. Operationally, Parex is advancing several projects, including a new 5-well drilling campaign at Llanos 32 and infrastructure upgrades at Capachos. In the Putumayo Basin, they have begun operations following community engagement, aiming to optimize the 2026 program. Additionally, they have hedged roughly 50% of their planned Q3 production with Brent put spreads to safeguard cash flow amid global volatility. The company maintains a robust financial position, ensuring they can fund their capital program, sustain dividends, and continue share buybacks.

Steady Production Growth and Achievements

Production averaged 42,542 BOE per day, with significant milestones in infill drilling program and polymer injection programs. Near-field exploration success in Southern Llanos with 3 wells producing a combined 2,500 BOE per day.

Strong Financial Performance

Funds flow provided by operations was $105 million with a netback of $26.90 per BOE, supported by favorable oil pricing differentials.

Operational Efficiency Improvements

Lower production costs due to power pricing and internal optimization efforts. Power prices have normalized compared to previous spikes, contributing to improved OpEx.

Robust Liquidity and Capital Plans

Fully funded capital program with ongoing dividend and share buybacks. The balance sheet remains strong with ample liquidity and financial flexibility.

Parex Resources (PARXF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PARXF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	- / -	0.65	―	―	―
Jul 30, 2025	2025 (Q2)	0.41 / 0.50	0.04	1150.00% (+0.46)	―
May 08, 2025	2025 (Q1)	0.48 / 0.82	0.58	41.38% (+0.24)	―
Mar 05, 2025	2024 (Q4)	0.74 / -0.70	1.28	-154.69% (-1.98)	―
Nov 06, 2024	2024 (Q3)	0.80 / 0.65	1.13	-42.48% (-0.48)	―
Jul 31, 2024	2024 (Q2)	0.79 / 0.04	0.95	-95.79% (-0.91)	―
May 08, 2024	2024 (Q1)	0.75 / 0.58	0.96	-39.58% (-0.38)	―
Feb 29, 2024	2023 (Q4)	1.05 / 1.28	2.29	-44.10% (-1.01)	―
Nov 07, 2023	2023 (Q3)	0.89 / 1.13	0.59	91.53% (+0.54)	―
Aug 02, 2023	2023 (Q2)	1.00 / 0.95	1.24	-23.39% (-0.29)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PARXF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$10.99	$11.65	+6.01%
May 08, 2025	$7.44	$7.86	+5.65%
Mar 05, 2025	$8.20	$8.11	-1.10%
Nov 06, 2024	$8.80	$9.25	+5.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Parex Resources (PARXF) report earnings?

Parex Resources (PARXF) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Parex Resources (PARXF) earnings time?

Parex Resources (PARXF) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

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What is PARXF EPS forecast?

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