Parex Resources is a Canada-based oil and gas exploration and production company whose operations are concentrated in Colombia. It produces light and medium crude from onshore blocks and has built a position as one of the larger independent producers in the country. The business model centers on operating conventional assets, reinvesting free cash flow and returning capital, rather than large-scale unconventional shale development.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 268.1 | — | 80.6 | — |
| Q2 2025 | 241.4 | — | 49.1 | — |
| Q4 2025 | 251.5 | — | 74.9 | — |
| Q1 2026 | 273.1 | 1.9% | 4.6 | -94.3% |
| Q2 2026 | 468.9 | 94.3% | 444.3 | 804.6% |
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