Parex Resources Announces Record 2022 Full-Year Results
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Wednesday, March 8, 2023
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CALGARY, Alberta, March 08, 2023 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three- and twelve-month periods ended December 31, 2022.
Key Points:
- CALGARY, Alberta, March 08, 2023 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three- and twelve-month periods ended December 31, 2022.
- "Reflecting on my second year at Parex, I am extremely proud of our team's ability to deliver another year of record results.
- Completed the 2022 normal course issuer bid ("NCIB"), marking the fourth consecutive year where Parex has purchased the maximum allowable shares per annum under its NCIB programs.
- Delivered on track record of shareholder returns by completing the 2022 NCIB, repurchasing the maximum allowable shares (11.8 million shares in 2022) for the fourth consecutive year.