TSX:PXTOil and Gas
Parex Resources (TSX:PXT) Is Up 11.4% After Reporting Stronger June Output And Reaffirming 2026 Guidance – Has The Bull Case Changed?
Parex Resources Inc. recently reported that June 2026 production averaged 80,850 boe/d, supported by closing the Frontera E&P acquisition and near-field exploration success at LLA-111, while second-quarter 2026 production averaged 54,090 boe/d.
The company also reaffirmed its second-half and full-year 2026 production guidance, signaling operational follow-through on its expansion and integration efforts in Colombia.
Next, we’ll examine how June’s higher production, underpinned by the...