Parex Resources (TSE:PXT) has released an update.
Parex Resources reported its third-quarter financial results, highlighting a funds flow of $152 million and an increase in its production guidance for 2024. The company announced a Q4 2024 dividend of C$0.385 per share and emphasized a focus on improving production efficiency and enhancing capital returns. Despite lower than expected results, Parex is committed to safe and reliable production as it transitions into 2025.
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