NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

BRIEF-Parex Q2 earnings per share $0.02

Published 2017-08-09, 05:35 p/m
© Reuters.  BRIEF-Parex Q2 earnings per share $0.02
PXT
-

Aug 9 (Reuters) - Parex Resources Inc PXT.TO

* Parex announces 2017 second quarter results

* Q2 earnings per share $0.02

* Parex Resources Inc - quarterly production was 34,291 barrels of oil equivalent per day representing an increase of 5 percent over previous quarter

* Parex Resources Inc - Parex expects to invest approximately $225 million in capital projects in 2017

* Parex Resources Inc qtrly adjusted funds flow from operations $0.43 per share basic

* Parex Resources Inc - Q3 2017 production is expected to average above 36,000 Boe/d, q4 2017 production is expected to average above 38,000 Boe/d

* Says full year 2017 average production is anticipated to exceed 35,000 Boe/d

* Parex resources- FY 2017 capital expenditures forecast is approximately $225 million, which is high end of previous guidance range of $200-$225 million

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.