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Earnings

Parex Resources to release Q3 results Nov. 4

By The Northwire Desk — AI Analysis Oct 01, 2025 · 18:26 PXT · 18.31 Parex Resources Inc
PXT · Price

Executive Summary

  • Parex Resources forecasts Q3 2025 average production of ~44,000 boe/d, up from 42,542 boe/d in Q2 2025.
  • Recent wells at LLA‑32 have boosted field output >40% since the tuck‑in acquisition; a near‑field exploration success pushes short‑term average to ~46,500 boe/d.
  • The company will release its Q3 2025 financial and operating results on 4 Nov 2025 (conference call at 9:30 a.m. MT).

Key Details

  • Q3 2025 Production Estimate: 44,000 barrels of oil equivalent per day (boe/d) – preliminary, rounded, excludes Q2 2025 data.
  • Prior Quarter Comparison: Q2 2025 average production was 42,542 boe/d.
  • LLA‑32 Impact: New wells added since the tuck‑in acquisition have increased current field production by >40%.
  • Exploration Success: Fourth near‑field discovery of 2025 came online late September, raising short‑term average to ~46,500 boe/d (Sept 23–29, 2025 period).
  • Future Development Outlook: Plan to bring 4‑6 production‑adding wells on stream across LLA‑32, Capachos, and Putumayo during the remainder of 2025; continued near‑field exploration expected to support Q4 2025 production and a strong start to 2026.
  • Q3 2025 Results Release: Scheduled for 4 Nov 2025 at 9:30 a.m. MT (11:30 a.m. ET) via conference call/webcast.
  • Conference Call Details:
  • Conference ID – 5403995
  • Toll‑free dial‑in – 1‑646‑307‑1963
  • Dial‑in (Canada) – 1‑647‑932‑3411
  • Webcast – available online (access link provided in the original release).

Notable Quotes

No executive quotes were included in the release.

Read the original news release →

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