Parex Resources Inc. (PARXF) Q3 2024 Earnings Call Transcript Summary
Parex Resources Inc. (PARXF) Q3 2024 Earnings Call Transcript Summary
Fund flow from operations was $152 million, supported by $79 Brent price.The following is a summary of the Parex Resources Inc. (PARXF) Q3 2024 Earnings Call Transcript:
以下是帕雷克斯資源公司（PARXF）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Adjusted midpoint guidance to 49,500 BOE/day; anticipating Q4 increase of 2,000 BOE/day.
Fund flow from operations was $152 million, supported by $79 Brent price.
調整後的中點指引至49,500英鎊/日；預計第四季度每天將增加2,000英鎊的英國央行。
在布倫特原油價格79美元的支持下，運營資金流爲1.52億美元。
Business Progress:
業務進展：
Production averaged 47,569 BOE/day in Q3 despite challenges.
Drilled successful wells in LLA-32 and Capachos, boosting production.
儘管面臨挑戰，第三季度日產量平均爲47,569桶油當量。
在 LLA-32 和 Capachos 成功鑽探了油井，提高了產量。
Opportunity:
機會：
Focusing on lower-risk developments for future growth.
High-impact growth opportunities in Arantes exploration and operational successes.
專注於風險較低的開發項目，以實現未來增長。
Arantes的勘探和運營成功帶來了高影響力的增長機會。
Risk:
風險：
Production stability risks from social disruptions in Arauca.
Financial risks from oil price fluctuations and potential exploration project failures.
生產穩定風險來自阿勞卡的社會混亂。
油價波動和潛在勘探項目失敗帶來的財務風險。
Financial Performance:
財務業績：
Parex Resources adjusted their midpoint guidance from 49,000 BOE a day to 49,500 BOE a day, anticipating an increase of 2,000 BOE per day for Q4.
Updated capital guidance has led to a projected higher free fund flow of $220 million at the midpoint of the guidance range.
Fund flow from operations was $152 million, supported by a Brent price of $79 per barrel.
Capital expenditures were lower at $82 million due to a slower pace of work and deferrals, with Q4 expected capital between $85 million and $100 million.
Free fund flow for the quarter was $69 million, used for share repurchases, dividend payments, and repaying $20 million of bank debt.
Parex Resources將其中點預期從每天4.9萬英國央行調整至每天49,500英國央行，預計第四季度英國央行每天將增長2,000英鎊。
更新的資本指導使預計自由資金流將增加2.2億美元，達到指導區間的中點。
運營資金流爲1.52億美元，這得益於布倫特原油每桶79美元的價格。
由於工作節奏放緩和延期，資本支出減少至8200萬美元，第四季度預計資本在8500萬美元至1億美元之間。
該季度的自由資金流爲6900萬美元，用於股票回購、股息支付和償還2000萬美元的銀行債務。
Business Progress:
業務進展：
Production averaged 47,569 BOE per day in Q3 2024 despite downtime and underperformance in Arauca.
Focused on water flooding and polymer implementation at Cabrestero to manage decline rates effectively.
Drilled successful appraisal and horizontal wells in LLA-32 and the Capachos block, achieving significant production boosts.
Preparing for an exploration commitment well and progressing the Arantes prospect at Block 122 with positive operational indicators.
儘管阿勞卡停機且表現不佳，但2024年第三季度日均產量爲47,569桶油當量。
專注於Cabrestero的水淹和聚合物的應用，以有效管理下降率。
在 LLA-32 和 Capachos 區塊成功鑽探了評估井和水平井，實現了顯著的產量提升。
爲勘探承諾做好充分準備，並以積極的運營指標推進122號區塊的Arantes勘探前景。
Opportunities:
機會：
Parex's strategy includes focusing on lower-risk development and opportunities for strong capital efficiency to support future growth.
The adjustment to a more conservative capital expenditure approach aims to stabilize production and maintain strong capital efficiency.
The exploration in Arantes and other operational successes present potential high-impact opportunities for growth in 2025.
Parex的戰略包括專注於低風險的發展和提高資本效率的機會，以支持未來的增長。
對更爲保守的資本支出方針的調整旨在穩定生產和保持強勁的資本效率。
阿蘭特斯的勘探和其他運營成功爲2025年潛在的高影響增長提供了機會。
Risks:
風險：
Production stability risks due to social disruptions and operational challenges in Arauca.
Financial risks associated with fluctuations in global oil prices affecting projections and tax surcharges.
Potential delays or failures in upcoming exploration projects could impact growth expectations.
阿勞卡的社會動盪和運營挑戰導致的生產穩定風險。
與影響預測和稅收附加費的全球油價波動相關的金融風險。
即將到來的勘探項目的潛在延誤或失敗可能會影響增長預期。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
溫馨提示：欲了解更多詳情，請參閱投資者關係網站。本文僅供投資者參考，沒有任何指導或建議建議。
譯文內容由第三人軟體翻譯。
