The Parex Advantage slide image

The Parex Advantage

TSX:PXT • . Largest Independent Oil & Gas Company in Colombia Deep Portfolio with Transformational Exploration Opportunities Debt-Free Balance Sheet Target the Return of 100% of Free Funds Flow to Shareholders Top-Tier ESG Performance Stock Symbol Shares Outstanding(1) Market Capitalization (1) TSX:PXT 105.4 million C$2.7 billion Quarterly Dividend (2) C$0.375 per share Dividend Yield(1)(2)(3) 5.9% Average Production (4) 54,120 boe/d Land Position (1) As at August 31, 2023. 5.5 million net acres (2) Based on C$0.375 per share quarterly dividend as first approved on February 2, 2023. (3) Supplementary financial measure; annualized dividends per share dividend by PXT share price; see advisory. (4) For three months ended June 30, 2023 (light & medium crude oil: 7,982 bbl/d, heavy crude oil: 45,644 bbl/d, conventional natural gas: 2,964 mcf/d).
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