View ValuationParex Resources 将来の成長Future 基準チェック /56Parex Resourcesは、34.6%と26.1%でそれぞれ年率34.6%で利益と収益が成長すると予測される一方、EPSはgrowで38.2%年率。主要情報34.6%収益成長率38.23%EPS成長率Oil and Gas 収益成長44.7%収益成長率26.1%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日12 May 2026今後の成長に関する最新情報お知らせ • May 03Parex Resources Inc. Provides Preliminary Production and Earnings Results for the First Quarter Ended March 31, 2026Parex Resources Inc. provided preliminary production and earnings results for the first quarter ended March 31, 2026. The company expects average production of 44,735 boe/d, compared to 43,658 boe/d in firsyt quarter 2025. The company expects net income of $4,589,000 or $0.05 per share, compared to $80,629,000 or $0.82 per share in first quarter 2025. The expected decrease is largely related to unrealized loss on commodity risk management contracts, an increase in deferred tax expense, higher cash settled share-based compensation expense, and the recognition one one-time costs, partially offset by lower current income tax.お知らせ • Nov 06+ 1 more updateParex Resources Inc. Reaffirms Production Guidance for Fourth Quarter and Year Ended December 31, 2025Parex Resources Inc. reaffirmed production guidance for fourth quarter and year ended December 31, 2025. For the quarter, Management expects average production will exceed the higher end of the annual guidance range. For the year the company announced that average production guidance of 43,000 to 47,000 boe/d (45,000 boe/d midpoint) remains unchanged, as previously disclosed.お知らせ • Jul 30+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the fiscal year 2025. For the period, the company expects corporate guidance of average production of 43,000 to 47,000 boe/d (45,000 boe/d midpoint).お知らせ • Jul 04Parex Resources Inc. Provides Production Guidance for the Second Quarter Ended June 30, 2025Parex Resources Inc. provided production guidance for the second quarter ended June 30, 2025. Estimated second quarter 2025 average production was 42,550 boe/d.お知らせ • Jan 14Parex Resources Inc. provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the Fiscal Year 2025. For the period, the company's average production guidance has been updated to 43,000-47,000 boe/d.お知らせ • Aug 29+ 1 more updateParex Resources Inc. Revises Production Guidance for the Fiscal Year 2024Parex Resources Inc. revised production guidance for the Fiscal Year 2024. For the period, the company's average production guidance has been updated to 48,000 to 50,000 boe/d (49,000 boe/d midpoint).すべての更新を表示Recent updatesRecent Insider Transactions • May 20President recently bought €249k worth of stockOn the 14th of May, Imad Mohsen bought around 15k shares on-market at roughly €17.07 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Imad has been a buyer over the last 12 months, purchasing a net total of €329k worth in shares.お知らせ • May 14+ 1 more updateParex Resources Inc. Declares Second Quarter 2026 Dividend, Payable on June 15, 2026Parex Resources Inc. have approved a Second Quarter 2026 regular dividend of CAD 0.385 per share to shareholders of record on June 8, 2026, to be paid on June 15, 2026.お知らせ • May 03Parex Resources Inc. Provides Preliminary Production and Earnings Results for the First Quarter Ended March 31, 2026Parex Resources Inc. provided preliminary production and earnings results for the first quarter ended March 31, 2026. The company expects average production of 44,735 boe/d, compared to 43,658 boe/d in firsyt quarter 2025. The company expects net income of $4,589,000 or $0.05 per share, compared to $80,629,000 or $0.82 per share in first quarter 2025. The expected decrease is largely related to unrealized loss on commodity risk management contracts, an increase in deferred tax expense, higher cash settled share-based compensation expense, and the recognition one one-time costs, partially offset by lower current income tax.お知らせ • Apr 10Parex Resources Inc. to Report Q1, 2026 Results on May 12, 2026Parex Resources Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026お知らせ • Mar 06Parex Resources Inc. Announces Declaration of First Quarter 2026 Dividend, Payable on March 25, 2026Parex Resources Inc. has approved a First Quarter 2026 regular dividend of CAD 0.385 per share to shareholders of record on March 18, 2026, to be paid on March 25, 2026. This regular dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).お知らせ • Mar 05Parex Resources Inc., Annual General Meeting, May 12, 2026Parex Resources Inc., Annual General Meeting, May 12, 2026.お知らせ • Jan 20Parex Resources Inc. Announces Management ChangesParex Resources Inc. announced that Wayne Foo will be retiring as Board Chair and Director of the Board, effective May 12, 2026, and in line with succession planning, current Vice Chair and Director, Glenn McNamara, will assume the role of Chair.お知らせ • Nov 06+ 1 more updateParex Resources Inc. Reaffirms Production Guidance for Fourth Quarter and Year Ended December 31, 2025Parex Resources Inc. reaffirmed production guidance for fourth quarter and year ended December 31, 2025. For the quarter, Management expects average production will exceed the higher end of the annual guidance range. For the year the company announced that average production guidance of 43,000 to 47,000 boe/d (45,000 boe/d midpoint) remains unchanged, as previously disclosed.お知らせ • Oct 30Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK).Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK) on September 4, 2025. A cash consideration valued at $9 per share will be paid by Parex Resources Inc. Upon completion, Parex Resources Inc. will own 100% stake in GeoPark Limited. The Transaction consideration would be funded by Parex' existing cash and other sources of financing that have been advanced by Parex. The transaction is subject to approval of offer by target shareholders, definitive agreement and third party approval needed. As on October 15, 2025: After six weeks of not engaging, the Chief Executive Officer of GeoPark informs the Chief Executive Officer of Parex in writing that the GeoPark Board has summarily rejected the Proposal. The Bank of Nova Scotia acted as financial advisor for Parex Resources Inc. Adam Givertz and Stan Richards of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for Parex Resources Inc. Burnet, Duckworth & Palmer LLP acted as legal advisor for Parex Resources Inc. Appleby acted as legal advisor for Parex Resources Inc. Innisfree M&A Incorporated acted as information agent for Parex Resources Inc.お知らせ • Oct 01Parex Resources Inc. to Report Q3, 2025 Results on Nov 04, 2025Parex Resources Inc. announced that they will report Q3, 2025 results on Nov 04, 2025お知らせ • Jul 30+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the fiscal year 2025. For the period, the company expects corporate guidance of average production of 43,000 to 47,000 boe/d (45,000 boe/d midpoint).お知らせ • Jul 04Parex Resources Inc. Provides Production Guidance for the Second Quarter Ended June 30, 2025Parex Resources Inc. provided production guidance for the second quarter ended June 30, 2025. Estimated second quarter 2025 average production was 42,550 boe/d.お知らせ • Jun 04Parex Resources Inc. Announces the Appointment of Alberto Consuegra to the Board of Directors, Effective June 1, 2025Parex Resources Inc. announced the appointment of Alberto Consuegra to the Board of Directors . Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia’s national oil company, and for a period of time acted as the Company’s interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration. Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master’s degree in civil engineering from Texas A&M University.お知らせ • May 09Parex Resources Inc. Approves Election of DirectorsParex Resources Inc. at its AGM held on May 8, 2025, approved the election of Mona Jasinski and Jeff Lawson as directors of the company to serve until the next annual meeting of shareholders or until their successors are elected or appointed.お知らせ • May 08+ 1 more updateParex Resources Inc. Approves Regular Dividend for the Second Quarter of 2025, Payable on June 16, 2025Parex Resources Inc.’s Board of Directors have approved a second quarter 2025 regular dividend of CAD 0.385 per share to shareholders of record on June 9, 2025, to be paid on June 16, 2025. This regular dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).お知らせ • Mar 06+ 4 more updatesParex Resources Inc. Approves Regular Dividend for the First Quarter of 2025, Payable on March 18, 2025Parex Resources Inc.'s Board of Directors has approved a First Quarter 2025 regular dividend of CAD 0.385 per share to shareholders of record on March 11, 2025, to be paid on March 18, 2025. This quarterly dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).お知らせ • Jan 14Parex Resources Inc. provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the Fiscal Year 2025. For the period, the company's average production guidance has been updated to 43,000-47,000 boe/d.Buy Or Sell Opportunity • Nov 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €9.40. The fair value is estimated to be €11.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to decline by 20% in 2 years. Earnings are forecast to decline by 59% in the next 2 years.New Risk • Nov 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 37% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 37% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (23% net profit margin).Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.65 (vs US$1.13 in 3Q 2023)Third quarter 2024 results: EPS: US$0.65 (down from US$1.13 in 3Q 2023). Revenue: US$257.8m (down 18% from 3Q 2023). Net income: US$65.8m (down 45% from 3Q 2023). Profit margin: 26% (down from 38% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 9.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Nov 06Parex Resources Inc. Approves Regular Dividend for the Fourth Quarter of 2024, Payable on December 16, 2024Parex Resources Inc.'s Board of Directors have approved a Fourth Quarter 2024 regular dividend of CAD 0.385 per share to shareholders of record on December 9, 2024, to be paid on December 16, 2024.お知らせ • Oct 08Parex Resources Inc. to Report Q3, 2024 Results on Nov 05, 2024Parex Resources Inc. announced that they will report Q3, 2024 results on Nov 05, 2024Recent Insider Transactions • Sep 12President recently bought €117k worth of stockOn the 3rd of September, Imad Mohsen bought around 13k shares on-market at roughly €8.91 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Imad has been a buyer over the last 12 months, purchasing a net total of €667k worth in shares.Upcoming Dividend • Sep 05Upcoming dividend of CA$0.39 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%).Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €7.85, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 29% over the past three years.お知らせ • Aug 29+ 1 more updateParex Resources Inc. Revises Production Guidance for the Fiscal Year 2024Parex Resources Inc. revised production guidance for the Fiscal Year 2024. For the period, the company's average production guidance has been updated to 48,000 to 50,000 boe/d (49,000 boe/d midpoint).Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €11.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 1.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.88 per share.Declared Dividend • Aug 05Second quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 9th September 2024 Payment date: 16th September 2024 Dividend yield will be 9.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 42% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 1.3% over the next year. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.New Risk • Aug 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (26% net profit margin). Significant insider selling over the past 3 months (€3.5m sold).New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 44% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (26% net profit margin). Significant insider selling over the past 3 months (€3.5m sold).New Risk • Jul 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€3.5m sold).Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Azar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 09+ 1 more updateParex Resources Inc. Approves Second Quarter 2024 Regular Dividend, Payable on June 17, 2024Parex Resources Inc. announced that its Board of Directors have approved a Second Quarter 2024 regular dividend of CAD 0.385 per share to be paid on June 17, 2024, to shareholders of record on June 10, 2024, representing a CAD 0.04 per share increase on an annualized basis. The Company first initiated a regular quarterly dividend at CAD 0.125 per share in 2021.お知らせ • Apr 24Parex Resources Inc. to Report Q1, 2024 Results on May 08, 2024Parex Resources Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024お知らせ • Mar 01+ 2 more updatesParex Resources Inc. Announces Resumption of Northern Llanos OperationsParex Resources Inc. has resumed activity in the Northern Llanos following social protests that required the Company to shut in its Capachos Block and halt drilling and testing operations at the Arauca Block. Full operations are proceeding with: Arauca-8 well currently testing the remaining zones in the Guadalupe formation; Drilling the Arauca-15 sidetrack; and Capachos average production is roughly 3,800 boe/d (net) and is expected to further increase throughout the remainder of the current quarter.Reported Earnings • Mar 01Full year 2023 earnings releasedFull year 2023 results: Revenue: US$1.17b (down 11% from FY 2022). Net income: US$459.3m (down 25% from FY 2022). Profit margin: 39% (down from 47% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Azar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 24Parex Resources Inc., Annual General Meeting, May 09, 2024Parex Resources Inc., Annual General Meeting, May 09, 2024. Location: Calgary Alberta Canadaお知らせ • Feb 13Parex Resources Inc. to Report Q4, 2023 Results on Feb 29, 2024Parex Resources Inc. announced that they will report Q4, 2023 results After-Market on Feb 29, 2024New Risk • Feb 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €639k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€639k sold).Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €14.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 25% over the past three years.お知らせ • Jan 16Parex Resources Inc. Provides Production Guidance for Year 2024 and Three-Year Outlook for 2024 Through 2026Parex Resources Inc. provided production guidance for year 2024 and three-year outlook for 2024 through 2026. Average annual production is expected to be approximately 54,000 to 60,000 boe/d, representing 5% year-over-year growth at the midpoint.For three-year outlook for 2024 through 2026, the company expects annual average production growth of approximately 5% or higher per year.Upcoming Dividend • Dec 07Upcoming dividend of CA$0.38 per share at 5.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.9%).お知らせ • Nov 09+ 1 more updateParex Resources Inc. Approves Fourth Quarter Dividend 2023, to Be Paid on December 29, 2023Parex Resources Inc.’s Board of Directors has approved fourth quarter dividend 2023 regular quarterly dividend of CAD 0.375 per share to be paid on December 29, 2023, to shareholders of record on December 15, 2023. The Company first initiated a regular quarterly dividend at CAD 0.125 per share in 2021. This quarterly dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).Reported Earnings • Nov 08Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$314.8m (down 2.6% from 3Q 2022). Net income: US$119.7m (up 82% from 3Q 2022). Profit margin: 38% (up from 20% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Germany.Upcoming Dividend • Sep 07Upcoming dividend of CA$0.38 per share at 5.7% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 19% and the cash payout ratio is 75%. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.3%).Recent Insider Transactions • Sep 03Chief Operating Officer recently sold €1.0m worth of stockOn the 29th of August, Eric Furlan sold around 59k shares on-market at roughly €17.45 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Eric's only on-market trade for the last 12 months.お知らせ • Aug 24Parex Resources Inc. Announces Appointment of Sanjay Bishnoi as Chief Financial Officer, Effective October 2, 2023Parex Resources Inc. announced the appointment of Sanjay Bishnoi to Chief Financial Officer, effective October 2, 2023. Mr. Bishnoi is a proven Chief Financial Officer with over 25 years of financial and leadership experience, primarily in the energy sector. Most recently, he held the position of Chief Financial Officer at TotalEnergies EP Canada. Prior to that role, he served as the Chief Financial Officer and Senior Vice President of Enerflex from 2019 to 2023, where he led all financial and reporting aspects of the global natural gas infrastructure company. From 2015 to 2019, he was a co-founder and served as the Chief Financial Officer of Caprock Midstream, a privately held midstream operator in the Delaware basin. His career has also encompassed financial and operational roles with organizations such as GE, The Dow Chemical Company, El Paso Global LNG, The Boston Consulting Group, and Imperial Oil. Mr. Bishnoi holds an MBA from the University of Chicago, a Ph.D. in Chemical Engineering from the University of Texas at Austin, and a B.Sc. in Chemical Engineering from the University of Calgary. Mr. Bishnoi will succeed Ken Pinsky, who, as previously announced, is electing to retire. Mr. Pinsky joined Petro Andina, Parex’s predecessor, in 2008 as Vice President, Finance, and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception. Following Mr. Bishnoi’s appointment, Mr. Pinsky will remain with the Company until November 30, 2023, to ensure a smooth transition.New Risk • Aug 04New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$0.95 (vs US$1.24 in 2Q 2022)Second quarter 2023 results: EPS: US$0.95 (down from US$1.24 in 2Q 2022). Revenue: US$274.0m (down 21% from 2Q 2022). Net income: US$101.4m (down 29% from 2Q 2022). Profit margin: 37% (down from 42% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 03+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2023Parex Resources Inc. provided production guidance for the fourth quarter and full year 2023. Parex updated its 2023 annual average production guidance range from 57,000-63,000 boe/d to 54,000-57,000 boe/d to reflect the aforementioned temporary shut-ins and production impacts in SOCA. With normalized operations, Parex expects its Fourth Quarter 2023 average production to exceed 60,000 boe/d.お知らせ • Jul 18+ 1 more updateParex Resources Inc. to Report Q2, 2023 Results on Aug 02, 2023Parex Resources Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023New Risk • Jul 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.38 per share at 5.2% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.4%).お知らせ • May 13+ 3 more updatesParex Resources Inc. Announces Retirement of Ken Pinsky as Corporate Secretary Effective November 30, 2023Parex Resources Inc. announced that Following a successful 35-year career, Ken Pinsky, Chief Financial Officer and Corporate Secretary, is electing to retire effective November 30, 2023. The Company has begun the process for selecting its next Chief Financial Officer and Mr. Pinsky will continue in his role to support the Company during a transition period until his retirement date. Mr. Pinsky joined Petro Andina, Parex's predecessor, in 2008 as Vice President, Finance and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception. In that capacity, he has led the financial efforts to grow the Company to its current status as the largest independent oil and gas producer in Colombia.Reported Earnings • May 11First quarter 2023 earnings released: EPS: US$0.96 (vs US$1.29 in 1Q 2022)First quarter 2023 results: EPS: US$0.96 (down from US$1.29 in 1Q 2022). Revenue: US$271.1m (down 18% from 1Q 2022). Net income: US$104.4m (down 32% from 1Q 2022). Profit margin: 39% (down from 46% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: US$5.38 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$5.38 (up from US$2.42 in FY 2021). Revenue: US$1.31b (up 46% from FY 2021). Net income: US$611.4m (up 102% from FY 2021). Profit margin: 47% (up from 34% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 39% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 07Upcoming dividend of CA$0.38 per share at 6.5% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%).お知らせ • Feb 03+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year Ended December 31, 2022 and Full Year 2023Parex Resources Inc. provided production guidance for the fourth quarter and full year ended December 31, 2022 and full year 2023. For the quarter, the company estimates average production to be 54,257 boe/d, up 9% from Fourth Quarter 2021. For the full year 2022, the company estimates average production to be 52,049 boe/d, an increase of 11% from full year 2021.For the full year 2023, the company’s average production guidance of 57,000 to 63,000 boe/d had been widened relative to previous years in order to better account for above ground factors that can at times impact Colombian operations.Recent Insider Transactions • Dec 10Independent Director recently bought €64k worth of stockOn the 7th of December, Sigmund Cornelius bought around 5k shares on-market at roughly €12.72 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €117k. Insiders have collectively bought €356k more in shares than they have sold in the last 12 months.Upcoming Dividend • Dec 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.55 in 3Q 2021)Third quarter 2022 results: EPS: US$0.59. Revenue: US$323.3m (up 40% from 3Q 2021). Net income: US$65.6m (down 3.4% from 3Q 2021). Profit margin: 20% (down from 29% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.5% decline forecast for the Oil and Gas industry in Germany.お知らせ • Nov 04Parex Resources Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022Parex Resources Inc. Board of Directors has approved a fourth quarter 2022 regular dividend of CAD 0.25 per share to be paid on December 30, 2022, to shareholders of record on December 15, 2022.Recent Insider Transactions • Oct 23Chairman of the Board recently bought €117k worth of stockOn the 17th of October, Wayne Foo bought around 8k shares on-market at roughly €15.64 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Wayne's only on-market trade for the last 12 months.お知らせ • Oct 15Parex Resources Inc. Provides Production Guidance for Third Quarter 2022Parex Resources Inc. provided production guidance for third quarter 2022. For the quarter, average production is estimated to be 51,100 boe/d(1), up approximately 8% from Third Quarter 2021 and consistent with Second Quarter 2022. Third quarter 2022 average production varied from Management’s guidance of 53,000 to 55,000 boe/d(4) due to delays from the unplanned testing of new zones, operational and weather-related setbacks, as well as temporary localized blockades.お知らせ • Oct 14+ 1 more updateParex Resources Inc. to Report Q3, 2022 Results on Nov 04, 2022Parex Resources Inc. announced that they will report Q3, 2022 results on Nov 04, 2022Upcoming Dividend • Sep 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €14.60, the stock trades at a trailing P/E ratio of 3.7x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 16% over the past three years.Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$1.24 (vs US$0.72 in 2Q 2021)Second quarter 2022 results: EPS: US$1.24 (up from US$0.72 in 2Q 2021). Revenue: US$345.0m (up 63% from 2Q 2021). Net income: US$143.1m (up 56% from 2Q 2021). Profit margin: 42% (down from 43% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 24%, compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04+ 1 more updateParex Resources Inc. Provides Production Guidance for the Third Quarter and Full Year of 2022Parex Resources Inc. provided production guidance for the third quarter and full year of 2022. For the quarter, the company expects production to be in the range of average 53,000 boe/d and 55,000 boe/d.For the year, the company expects production to be in the range of 54,000 boe/d and 56,000 boe/d, with a projected exit rate of over 60,000 boe/d.お知らせ • Jul 14+ 2 more updatesParex Resources Inc. to Report Q2, 2022 Results on Aug 03, 2022Parex Resources Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €17.30, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 31% over the past three years.Upcoming Dividend • Jun 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 9.3% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).業績と収益の成長予測DB:QPX - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,991453493943112/31/20272,047473397993212/31/20261,784243-39374323/31/202686117917361N/A12/31/202588725598425N/A9/30/202590211161385N/A6/30/2025939126154480N/A3/31/20251,03381225560N/A12/31/20241,08661222570N/A9/30/20241,157264339696N/A6/30/20241,214317171602N/A3/31/20241,183415-112343N/A12/31/20231,170459-107376N/A9/30/20231,172575-60480N/A6/30/20231,181521133643N/A3/31/20231,252563409924N/A12/31/20221,311611471984N/A9/30/20221,260457383862N/A6/30/20221,168460305730N/A3/31/20221,034408253597N/A12/31/2021900303262534N/A9/30/2021793263240445N/A6/30/2021696223248397N/A3/31/2021557151153263N/A12/31/202053299149290N/A9/30/2020631130134287N/A6/30/2020740160178361N/A3/31/2020932242180407N/A12/31/2019978328N/A365N/A9/30/2019957295N/A495N/A6/30/2019927326N/A469N/A3/31/2019874413N/A532N/A12/31/2018833403N/A532N/A9/30/2018761405N/A419N/A6/30/2018672372N/A351N/A3/31/2018574186N/A344N/A12/31/2017514155N/A285N/A9/30/201747554N/A267N/A6/30/20174705N/A272N/A3/31/20174531N/A205N/A12/31/2016411-46N/A154N/A9/30/2016390-4N/A79N/A6/30/2016386-39N/A119N/A3/31/2016434-37N/A167N/A12/31/2015483-44N/A161N/A9/30/2015526-166N/A273N/A6/30/2015616-122N/A219N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: QPXの予測収益成長率 (年間34.6% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: QPXの収益 ( 34.6% ) はGerman市場 ( 17.1% ) よりも速いペースで成長すると予測されています。高成長収益: QPXの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: QPXの収益 ( 26.1% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: QPXの収益 ( 26.1% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: QPXの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 14:04終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Parex Resources Inc. 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。24 アナリスト機関Garett UrsuATB Cormark Historical (Cormark Securities)Anthony LintonBarclaysRandy OllenbergerBMO Capital Markets Equity Research21 その他のアナリストを表示
お知らせ • May 03Parex Resources Inc. Provides Preliminary Production and Earnings Results for the First Quarter Ended March 31, 2026Parex Resources Inc. provided preliminary production and earnings results for the first quarter ended March 31, 2026. The company expects average production of 44,735 boe/d, compared to 43,658 boe/d in firsyt quarter 2025. The company expects net income of $4,589,000 or $0.05 per share, compared to $80,629,000 or $0.82 per share in first quarter 2025. The expected decrease is largely related to unrealized loss on commodity risk management contracts, an increase in deferred tax expense, higher cash settled share-based compensation expense, and the recognition one one-time costs, partially offset by lower current income tax.
お知らせ • Nov 06+ 1 more updateParex Resources Inc. Reaffirms Production Guidance for Fourth Quarter and Year Ended December 31, 2025Parex Resources Inc. reaffirmed production guidance for fourth quarter and year ended December 31, 2025. For the quarter, Management expects average production will exceed the higher end of the annual guidance range. For the year the company announced that average production guidance of 43,000 to 47,000 boe/d (45,000 boe/d midpoint) remains unchanged, as previously disclosed.
お知らせ • Jul 30+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the fiscal year 2025. For the period, the company expects corporate guidance of average production of 43,000 to 47,000 boe/d (45,000 boe/d midpoint).
お知らせ • Jul 04Parex Resources Inc. Provides Production Guidance for the Second Quarter Ended June 30, 2025Parex Resources Inc. provided production guidance for the second quarter ended June 30, 2025. Estimated second quarter 2025 average production was 42,550 boe/d.
お知らせ • Jan 14Parex Resources Inc. provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the Fiscal Year 2025. For the period, the company's average production guidance has been updated to 43,000-47,000 boe/d.
お知らせ • Aug 29+ 1 more updateParex Resources Inc. Revises Production Guidance for the Fiscal Year 2024Parex Resources Inc. revised production guidance for the Fiscal Year 2024. For the period, the company's average production guidance has been updated to 48,000 to 50,000 boe/d (49,000 boe/d midpoint).
Recent Insider Transactions • May 20President recently bought €249k worth of stockOn the 14th of May, Imad Mohsen bought around 15k shares on-market at roughly €17.07 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Imad has been a buyer over the last 12 months, purchasing a net total of €329k worth in shares.
お知らせ • May 14+ 1 more updateParex Resources Inc. Declares Second Quarter 2026 Dividend, Payable on June 15, 2026Parex Resources Inc. have approved a Second Quarter 2026 regular dividend of CAD 0.385 per share to shareholders of record on June 8, 2026, to be paid on June 15, 2026.
お知らせ • May 03Parex Resources Inc. Provides Preliminary Production and Earnings Results for the First Quarter Ended March 31, 2026Parex Resources Inc. provided preliminary production and earnings results for the first quarter ended March 31, 2026. The company expects average production of 44,735 boe/d, compared to 43,658 boe/d in firsyt quarter 2025. The company expects net income of $4,589,000 or $0.05 per share, compared to $80,629,000 or $0.82 per share in first quarter 2025. The expected decrease is largely related to unrealized loss on commodity risk management contracts, an increase in deferred tax expense, higher cash settled share-based compensation expense, and the recognition one one-time costs, partially offset by lower current income tax.
お知らせ • Apr 10Parex Resources Inc. to Report Q1, 2026 Results on May 12, 2026Parex Resources Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026
お知らせ • Mar 06Parex Resources Inc. Announces Declaration of First Quarter 2026 Dividend, Payable on March 25, 2026Parex Resources Inc. has approved a First Quarter 2026 regular dividend of CAD 0.385 per share to shareholders of record on March 18, 2026, to be paid on March 25, 2026. This regular dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).
お知らせ • Mar 05Parex Resources Inc., Annual General Meeting, May 12, 2026Parex Resources Inc., Annual General Meeting, May 12, 2026.
お知らせ • Jan 20Parex Resources Inc. Announces Management ChangesParex Resources Inc. announced that Wayne Foo will be retiring as Board Chair and Director of the Board, effective May 12, 2026, and in line with succession planning, current Vice Chair and Director, Glenn McNamara, will assume the role of Chair.
お知らせ • Nov 06+ 1 more updateParex Resources Inc. Reaffirms Production Guidance for Fourth Quarter and Year Ended December 31, 2025Parex Resources Inc. reaffirmed production guidance for fourth quarter and year ended December 31, 2025. For the quarter, Management expects average production will exceed the higher end of the annual guidance range. For the year the company announced that average production guidance of 43,000 to 47,000 boe/d (45,000 boe/d midpoint) remains unchanged, as previously disclosed.
お知らせ • Oct 30Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK).Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK) on September 4, 2025. A cash consideration valued at $9 per share will be paid by Parex Resources Inc. Upon completion, Parex Resources Inc. will own 100% stake in GeoPark Limited. The Transaction consideration would be funded by Parex' existing cash and other sources of financing that have been advanced by Parex. The transaction is subject to approval of offer by target shareholders, definitive agreement and third party approval needed. As on October 15, 2025: After six weeks of not engaging, the Chief Executive Officer of GeoPark informs the Chief Executive Officer of Parex in writing that the GeoPark Board has summarily rejected the Proposal. The Bank of Nova Scotia acted as financial advisor for Parex Resources Inc. Adam Givertz and Stan Richards of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for Parex Resources Inc. Burnet, Duckworth & Palmer LLP acted as legal advisor for Parex Resources Inc. Appleby acted as legal advisor for Parex Resources Inc. Innisfree M&A Incorporated acted as information agent for Parex Resources Inc.
お知らせ • Oct 01Parex Resources Inc. to Report Q3, 2025 Results on Nov 04, 2025Parex Resources Inc. announced that they will report Q3, 2025 results on Nov 04, 2025
お知らせ • Jul 30+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the fiscal year 2025. For the period, the company expects corporate guidance of average production of 43,000 to 47,000 boe/d (45,000 boe/d midpoint).
お知らせ • Jul 04Parex Resources Inc. Provides Production Guidance for the Second Quarter Ended June 30, 2025Parex Resources Inc. provided production guidance for the second quarter ended June 30, 2025. Estimated second quarter 2025 average production was 42,550 boe/d.
お知らせ • Jun 04Parex Resources Inc. Announces the Appointment of Alberto Consuegra to the Board of Directors, Effective June 1, 2025Parex Resources Inc. announced the appointment of Alberto Consuegra to the Board of Directors . Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia’s national oil company, and for a period of time acted as the Company’s interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration. Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master’s degree in civil engineering from Texas A&M University.
お知らせ • May 09Parex Resources Inc. Approves Election of DirectorsParex Resources Inc. at its AGM held on May 8, 2025, approved the election of Mona Jasinski and Jeff Lawson as directors of the company to serve until the next annual meeting of shareholders or until their successors are elected or appointed.
お知らせ • May 08+ 1 more updateParex Resources Inc. Approves Regular Dividend for the Second Quarter of 2025, Payable on June 16, 2025Parex Resources Inc.’s Board of Directors have approved a second quarter 2025 regular dividend of CAD 0.385 per share to shareholders of record on June 9, 2025, to be paid on June 16, 2025. This regular dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).
お知らせ • Mar 06+ 4 more updatesParex Resources Inc. Approves Regular Dividend for the First Quarter of 2025, Payable on March 18, 2025Parex Resources Inc.'s Board of Directors has approved a First Quarter 2025 regular dividend of CAD 0.385 per share to shareholders of record on March 11, 2025, to be paid on March 18, 2025. This quarterly dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).
お知らせ • Jan 14Parex Resources Inc. provides Production Guidance for the Fiscal Year 2025Parex Resources Inc. provided production guidance for the Fiscal Year 2025. For the period, the company's average production guidance has been updated to 43,000-47,000 boe/d.
Buy Or Sell Opportunity • Nov 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to €9.40. The fair value is estimated to be €11.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% over the last 3 years. Earnings per share has grown by 7.1%. Revenue is forecast to decline by 20% in 2 years. Earnings are forecast to decline by 59% in the next 2 years.
New Risk • Nov 07New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 37% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 37% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Profit margins are more than 30% lower than last year (23% net profit margin).
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.65 (vs US$1.13 in 3Q 2023)Third quarter 2024 results: EPS: US$0.65 (down from US$1.13 in 3Q 2023). Revenue: US$257.8m (down 18% from 3Q 2023). Net income: US$65.8m (down 45% from 3Q 2023). Profit margin: 26% (down from 38% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 9.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Nov 06Parex Resources Inc. Approves Regular Dividend for the Fourth Quarter of 2024, Payable on December 16, 2024Parex Resources Inc.'s Board of Directors have approved a Fourth Quarter 2024 regular dividend of CAD 0.385 per share to shareholders of record on December 9, 2024, to be paid on December 16, 2024.
お知らせ • Oct 08Parex Resources Inc. to Report Q3, 2024 Results on Nov 05, 2024Parex Resources Inc. announced that they will report Q3, 2024 results on Nov 05, 2024
Recent Insider Transactions • Sep 12President recently bought €117k worth of stockOn the 3rd of September, Imad Mohsen bought around 13k shares on-market at roughly €8.91 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Imad has been a buyer over the last 12 months, purchasing a net total of €667k worth in shares.
Upcoming Dividend • Sep 05Upcoming dividend of CA$0.39 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.6%).
Valuation Update With 7 Day Price Move • Aug 29Investor sentiment deteriorates as stock falls 31%After last week's 31% share price decline to €7.85, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total loss to shareholders of 29% over the past three years.
お知らせ • Aug 29+ 1 more updateParex Resources Inc. Revises Production Guidance for the Fiscal Year 2024Parex Resources Inc. revised production guidance for the Fiscal Year 2024. For the period, the company's average production guidance has been updated to 48,000 to 50,000 boe/d (49,000 boe/d midpoint).
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €11.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 1.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €18.88 per share.
Declared Dividend • Aug 05Second quarter dividend of CA$0.39 announcedShareholders will receive a dividend of CA$0.39. Ex-date: 9th September 2024 Payment date: 16th September 2024 Dividend yield will be 9.4%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (37% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has increased by an average of 42% per year over the past 3 years and payments have been stable during that time. EPS is expected to decline by 1.3% over the next year. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.
New Risk • Aug 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.8% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (26% net profit margin). Significant insider selling over the past 3 months (€3.5m sold).
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 26% Last year net profit margin: 44% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (26% net profit margin). Significant insider selling over the past 3 months (€3.5m sold).
New Risk • Jul 10New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 12% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 12% per year for the foreseeable future. High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€3.5m sold).
Board Change • Jun 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Azar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 09+ 1 more updateParex Resources Inc. Approves Second Quarter 2024 Regular Dividend, Payable on June 17, 2024Parex Resources Inc. announced that its Board of Directors have approved a Second Quarter 2024 regular dividend of CAD 0.385 per share to be paid on June 17, 2024, to shareholders of record on June 10, 2024, representing a CAD 0.04 per share increase on an annualized basis. The Company first initiated a regular quarterly dividend at CAD 0.125 per share in 2021.
お知らせ • Apr 24Parex Resources Inc. to Report Q1, 2024 Results on May 08, 2024Parex Resources Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024
お知らせ • Mar 01+ 2 more updatesParex Resources Inc. Announces Resumption of Northern Llanos OperationsParex Resources Inc. has resumed activity in the Northern Llanos following social protests that required the Company to shut in its Capachos Block and halt drilling and testing operations at the Arauca Block. Full operations are proceeding with: Arauca-8 well currently testing the remaining zones in the Guadalupe formation; Drilling the Arauca-15 sidetrack; and Capachos average production is roughly 3,800 boe/d (net) and is expected to further increase throughout the remainder of the current quarter.
Reported Earnings • Mar 01Full year 2023 earnings releasedFull year 2023 results: Revenue: US$1.17b (down 11% from FY 2022). Net income: US$459.3m (down 25% from FY 2022). Profit margin: 39% (down from 47% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Mar 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Lynn Azar was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 24Parex Resources Inc., Annual General Meeting, May 09, 2024Parex Resources Inc., Annual General Meeting, May 09, 2024. Location: Calgary Alberta Canada
お知らせ • Feb 13Parex Resources Inc. to Report Q4, 2023 Results on Feb 29, 2024Parex Resources Inc. announced that they will report Q4, 2023 results After-Market on Feb 29, 2024
New Risk • Feb 08New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €639k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Significant insider selling over the past 3 months (€639k sold).
Valuation Update With 7 Day Price Move • Jan 23Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €14.72, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 6x in the Oil and Gas industry in Europe. Total returns to shareholders of 25% over the past three years.
お知らせ • Jan 16Parex Resources Inc. Provides Production Guidance for Year 2024 and Three-Year Outlook for 2024 Through 2026Parex Resources Inc. provided production guidance for year 2024 and three-year outlook for 2024 through 2026. Average annual production is expected to be approximately 54,000 to 60,000 boe/d, representing 5% year-over-year growth at the midpoint.For three-year outlook for 2024 through 2026, the company expects annual average production growth of approximately 5% or higher per year.
Upcoming Dividend • Dec 07Upcoming dividend of CA$0.38 per share at 5.8% yieldEligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (2.9%).
お知らせ • Nov 09+ 1 more updateParex Resources Inc. Approves Fourth Quarter Dividend 2023, to Be Paid on December 29, 2023Parex Resources Inc.’s Board of Directors has approved fourth quarter dividend 2023 regular quarterly dividend of CAD 0.375 per share to be paid on December 29, 2023, to shareholders of record on December 15, 2023. The Company first initiated a regular quarterly dividend at CAD 0.125 per share in 2021. This quarterly dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada).
Reported Earnings • Nov 08Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: US$314.8m (down 2.6% from 3Q 2022). Net income: US$119.7m (up 82% from 3Q 2022). Profit margin: 38% (up from 20% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Oil and Gas industry in Germany.
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.38 per share at 5.7% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 19% and the cash payout ratio is 75%. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.3%).
Recent Insider Transactions • Sep 03Chief Operating Officer recently sold €1.0m worth of stockOn the 29th of August, Eric Furlan sold around 59k shares on-market at roughly €17.45 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Eric's only on-market trade for the last 12 months.
お知らせ • Aug 24Parex Resources Inc. Announces Appointment of Sanjay Bishnoi as Chief Financial Officer, Effective October 2, 2023Parex Resources Inc. announced the appointment of Sanjay Bishnoi to Chief Financial Officer, effective October 2, 2023. Mr. Bishnoi is a proven Chief Financial Officer with over 25 years of financial and leadership experience, primarily in the energy sector. Most recently, he held the position of Chief Financial Officer at TotalEnergies EP Canada. Prior to that role, he served as the Chief Financial Officer and Senior Vice President of Enerflex from 2019 to 2023, where he led all financial and reporting aspects of the global natural gas infrastructure company. From 2015 to 2019, he was a co-founder and served as the Chief Financial Officer of Caprock Midstream, a privately held midstream operator in the Delaware basin. His career has also encompassed financial and operational roles with organizations such as GE, The Dow Chemical Company, El Paso Global LNG, The Boston Consulting Group, and Imperial Oil. Mr. Bishnoi holds an MBA from the University of Chicago, a Ph.D. in Chemical Engineering from the University of Texas at Austin, and a B.Sc. in Chemical Engineering from the University of Calgary. Mr. Bishnoi will succeed Ken Pinsky, who, as previously announced, is electing to retire. Mr. Pinsky joined Petro Andina, Parex’s predecessor, in 2008 as Vice President, Finance, and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception. Following Mr. Bishnoi’s appointment, Mr. Pinsky will remain with the Company until November 30, 2023, to ensure a smooth transition.
New Risk • Aug 04New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$0.95 (vs US$1.24 in 2Q 2022)Second quarter 2023 results: EPS: US$0.95 (down from US$1.24 in 2Q 2022). Revenue: US$274.0m (down 21% from 2Q 2022). Net income: US$101.4m (down 29% from 2Q 2022). Profit margin: 37% (down from 42% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 03+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2023Parex Resources Inc. provided production guidance for the fourth quarter and full year 2023. Parex updated its 2023 annual average production guidance range from 57,000-63,000 boe/d to 54,000-57,000 boe/d to reflect the aforementioned temporary shut-ins and production impacts in SOCA. With normalized operations, Parex expects its Fourth Quarter 2023 average production to exceed 60,000 boe/d.
お知らせ • Jul 18+ 1 more updateParex Resources Inc. to Report Q2, 2023 Results on Aug 02, 2023Parex Resources Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023
New Risk • Jul 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.5% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.38 per share at 5.2% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.4%).
お知らせ • May 13+ 3 more updatesParex Resources Inc. Announces Retirement of Ken Pinsky as Corporate Secretary Effective November 30, 2023Parex Resources Inc. announced that Following a successful 35-year career, Ken Pinsky, Chief Financial Officer and Corporate Secretary, is electing to retire effective November 30, 2023. The Company has begun the process for selecting its next Chief Financial Officer and Mr. Pinsky will continue in his role to support the Company during a transition period until his retirement date. Mr. Pinsky joined Petro Andina, Parex's predecessor, in 2008 as Vice President, Finance and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception. In that capacity, he has led the financial efforts to grow the Company to its current status as the largest independent oil and gas producer in Colombia.
Reported Earnings • May 11First quarter 2023 earnings released: EPS: US$0.96 (vs US$1.29 in 1Q 2022)First quarter 2023 results: EPS: US$0.96 (down from US$1.29 in 1Q 2022). Revenue: US$271.1m (down 18% from 1Q 2022). Net income: US$104.4m (down 32% from 1Q 2022). Profit margin: 39% (down from 46% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: US$5.38 (vs US$2.42 in FY 2021)Full year 2022 results: EPS: US$5.38 (up from US$2.42 in FY 2021). Revenue: US$1.31b (up 46% from FY 2021). Net income: US$611.4m (up 102% from FY 2021). Profit margin: 47% (up from 34% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 39% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to grow by 8.0%. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 07Upcoming dividend of CA$0.38 per share at 6.5% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.4%).
お知らせ • Feb 03+ 1 more updateParex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year Ended December 31, 2022 and Full Year 2023Parex Resources Inc. provided production guidance for the fourth quarter and full year ended December 31, 2022 and full year 2023. For the quarter, the company estimates average production to be 54,257 boe/d, up 9% from Fourth Quarter 2021. For the full year 2022, the company estimates average production to be 52,049 boe/d, an increase of 11% from full year 2021.For the full year 2023, the company’s average production guidance of 57,000 to 63,000 boe/d had been widened relative to previous years in order to better account for above ground factors that can at times impact Colombian operations.
Recent Insider Transactions • Dec 10Independent Director recently bought €64k worth of stockOn the 7th of December, Sigmund Cornelius bought around 5k shares on-market at roughly €12.72 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €117k. Insiders have collectively bought €356k more in shares than they have sold in the last 12 months.
Upcoming Dividend • Dec 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.55 in 3Q 2021)Third quarter 2022 results: EPS: US$0.59. Revenue: US$323.3m (up 40% from 3Q 2021). Net income: US$65.6m (down 3.4% from 3Q 2021). Profit margin: 20% (down from 29% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 4.5% decline forecast for the Oil and Gas industry in Germany.
お知らせ • Nov 04Parex Resources Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022Parex Resources Inc. Board of Directors has approved a fourth quarter 2022 regular dividend of CAD 0.25 per share to be paid on December 30, 2022, to shareholders of record on December 15, 2022.
Recent Insider Transactions • Oct 23Chairman of the Board recently bought €117k worth of stockOn the 17th of October, Wayne Foo bought around 8k shares on-market at roughly €15.64 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Wayne's only on-market trade for the last 12 months.
お知らせ • Oct 15Parex Resources Inc. Provides Production Guidance for Third Quarter 2022Parex Resources Inc. provided production guidance for third quarter 2022. For the quarter, average production is estimated to be 51,100 boe/d(1), up approximately 8% from Third Quarter 2021 and consistent with Second Quarter 2022. Third quarter 2022 average production varied from Management’s guidance of 53,000 to 55,000 boe/d(4) due to delays from the unplanned testing of new zones, operational and weather-related setbacks, as well as temporary localized blockades.
お知らせ • Oct 14+ 1 more updateParex Resources Inc. to Report Q3, 2022 Results on Nov 04, 2022Parex Resources Inc. announced that they will report Q3, 2022 results on Nov 04, 2022
Upcoming Dividend • Sep 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €14.60, the stock trades at a trailing P/E ratio of 3.7x. Average forward P/E is 4x in the Oil and Gas industry in Germany. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Aug 04Second quarter 2022 earnings released: EPS: US$1.24 (vs US$0.72 in 2Q 2021)Second quarter 2022 results: EPS: US$1.24 (up from US$0.72 in 2Q 2021). Revenue: US$345.0m (up 63% from 2Q 2021). Net income: US$143.1m (up 56% from 2Q 2021). Profit margin: 42% (down from 43% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 24%, compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04+ 1 more updateParex Resources Inc. Provides Production Guidance for the Third Quarter and Full Year of 2022Parex Resources Inc. provided production guidance for the third quarter and full year of 2022. For the quarter, the company expects production to be in the range of average 53,000 boe/d and 55,000 boe/d.For the year, the company expects production to be in the range of 54,000 boe/d and 56,000 boe/d, with a projected exit rate of over 60,000 boe/d.
お知らせ • Jul 14+ 2 more updatesParex Resources Inc. to Report Q2, 2022 Results on Aug 03, 2022Parex Resources Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022
Valuation Update With 7 Day Price Move • Jun 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €17.30, the stock trades at a trailing P/E ratio of 4.9x. Average forward P/E is 5x in the Oil and Gas industry in Germany. Total returns to shareholders of 31% over the past three years.
Upcoming Dividend • Jun 07Upcoming dividend of CA$0.25 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 9.3% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).