Post job

PAREX RESOURCES company history timeline

2018

Third quarter 2018 marked the 25th consecutive quarter of growth for the Company

2019

Parex Resources FFO of near $4 / share, or $571 million, with capital expenditures of $208 million in 2019 (a normal year) came with FCF of more than $350 million.

The company bought back more than 10% of its outstanding shares in 2019 and still has no debt meaning it has the opportunity to expand debt significantly.

For reference, in 2019, most companies had multiple times their adjusted EBITDA in debt, which would mean the opportunity for $1-2 billion in debt expansion for the company.

2020

Acquiring 18 new blocks in the 2020 Colombia Bid Round b.

Work at PAREX RESOURCES?
Share your experience
Founded
2009
Company founded
Get updates for jobs and news

Rate PAREX RESOURCES's efforts to communicate its history to employees.

Zippia waving zebra

PAREX RESOURCES jobs

Do you work at PAREX RESOURCES?

Is PAREX RESOURCES's vision a big part of strategic planning?

PAREX RESOURCES history FAQs

Zippia gives an in-depth look into the details of PAREX RESOURCES, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PAREX RESOURCES. The employee data is based on information from people who have self-reported their past or current employments at PAREX RESOURCES. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PAREX RESOURCES. The data presented on this page does not represent the view of PAREX RESOURCES and its employees or that of Zippia.

PAREX RESOURCES may also be known as or be related to PAREX RESOURCES, PAREX RESOURCES INC, Parex Resources, Parex Resources Inc. and Parex Resources, Inc.