Parex Resources (TSX:PXT) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $0.82 by 4.88 percent. This is a 50 percent increase over earnings of $0.52 per share from the same period last year. The company reported $547.097 million in sales this quarter. This is a 146.84 percent increase over sales of $221.639 million the same period last year.

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