TSX:PXTOil and Gas
Surging Q2 Earnings And Dividend Hike Could Be A Game Changer For Parex Resources (TSX:PXT)
Parex Resources Inc. has reported its second-quarter 2026 results, with revenue rising to US$395.89 million and net income to US$444.3 million, and its Board declared a third-quarter 2026 regular dividend of C$0.385 per share, paid on September 15, 2026 to shareholders of record on September 8, 2026.
The very large year-on-year jump in earnings per share from US$0.50 to US$4.62 highlights how recent operations have materially boosted profitability.
With this sharp earnings improvement as a...