TSX:PXTOil and Gas
Does Parex Resources' (TSX:PXT) New 2026 Output Target Redefine Its Risk‑Reward Profile?
Parex Resources Inc. recently updated its Fiscal Year 2026 average production guidance to 45,000–49,000 boe/d and announced that long-serving Board Chair Wayne Foo will retire in May 2026, with current Vice Chair Glenn McNamara set to assume the Chair role.
The combination of refreshed production expectations and a clearly outlined board succession plan highlights how Parex is emphasizing operational clarity and governance continuity for investors.
With production guidance now set at...