trending Market Intelligence /marketintelligence/en/news-insights/trending/DpArfiXau0KainqvJGWJLw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Parex Resources approved to buy back 10% of outstanding shares

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions

Essential Energy Insights - May 28, 2020


Parex Resources approved to buy back 10% of outstanding shares

The Toronto Stock Exchange approved Parex Resources Inc.'s plan to start a normal course issuer bid, according to a Dec. 19 release.

Under the bid, the company will repurchase, for cancellation, up to 13,986,994 shares, which represents 10% of its public float as of Dec. 9. Purchases will be made on the open markets through the TSX and through alternative trading systems, subject to a daily maximum of 135,080 shares. At the time of purchase, Parex will pay the prevailing market price on the TSX.

The bid will start Dec. 23 and end Dec. 22, 2020, or earlier provided the bid is completed or terminated at Parex's option.

As of Dec. 9, the company had 143,000,170 common shares issued and had a public float of 139,869,944 shares.

Parex Resources is headquartered in Canada and focuses on exploring, developing, producing and marketing oil and natural gas in Colombia.