Parex Resources Reports Q2 Results and Maintains FY 2026 Outlook
Parex Resources reported strong second-quarter results for 2026 with a GAAP EPS of $4.62, driven by increased production to an average of 54,121 boe/d from 44,735 boe/d in Q1. The company generated adjusted funds flow provided by operations (FFO) of $191 million and reported a realized EBITDA of $192 million for the quarter. Parex also declared its regular dividend for Q3 at C$0.385 per share, which annualizes to C$1.54 per share. The firm reaffirmed its second-half 2026 production guidance between 82,000 and 91,000 boe/d, reflecting confidence in maintaining strong operational performance despite market volatility.
Topics: dividend_announcement financial_performance oil_production