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Parex Resources Inc. (PXT:CA) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Operator

Hello, everyone. Thank you for joining us and welcome to the Parex Resources Q2 2026 Operational and Financial Results. [Operator Instructions]

I will now hand the conference over to Mike Kruchten, Senior Vice President of Capital Markets and Corporate Planning. Mike, please go ahead.

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Michael Kruchten
Senior Vice President of Capital Markets & Corporate Planning

Thank you. Good morning, everyone, and welcome to Parex Resources’ Second Quarter 2026 Conference Call and Webcast. My name is Mike Kruchten, and on the call with me today are our President and Chief Executive Officer, Imad Mohsen; our Chief Financial Officer, Cameron Grainger; and our Chief Operating Officer, Eric Furlan. [Operator Instructions]

As a reminder, this call includes forward-looking statements as well as non-GAAP and other financial measures, with the associated risks outlined in our news release and MD&A, which can be found on our website or at sedarplus.ca. Note that all amounts discussed today are in U.S. dollars, unless otherwise stated.

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I’ll turn the call over to Imad. Please go ahead.

Imad Mohsen
President, CEO & Director

Thank you, Mike, and good morning, everyone. Over the first half of 2026, Parex completed major transactions to become Colombia’s largest independent E&P company. This has resulted in the company nearly doubling its production guidance to roughly 86,000 barrels per day at the midpoint, and expanding our footprint to over 7.9 million acres. With these transactions behind us, our focus shifts to capturing synergy and delivering strong operational performance.

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First, the Frontera transaction is officially closed with the integration of — integration

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The 100 Best Annuities. How to Avoid Common Mistakes and Pick the Right One.

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The 100 Best Annuities. How to Avoid Common Mistakes and Pick the Right One.

The 100 Best Annuities. How to Avoid Common Mistakes and Pick the Right One.

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Eurobank S.A. (ERBKY) Q2 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Operator

Ladies and gentlemen, thank you for standing by. I’m Constantinos, your Chorus Call operator. Welcome, and thank you for joining the Eurobank conference call to present and discuss the second quarter 2026 financial results. At this time, I would like to turn the conference over to Mr. Fokion Karavias, CEO. Mr. Karavias, you may now proceed.

Fokion Karavias
CEO, Member of Executive Board & Executive Director

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Ladies and gentlemen, good afternoon, and welcome to the Eurobank First Half 2026 Results Presentation. Together with me is our CFO, Harris Kokologiannis, and the Investor Relations team. We will start with some key recent developments, then present our results and answer your questions.

The global environment remains agile and challenging with geopolitical developments weighing on market sentiment and adding to inflation. Inflationary pressures will push euro rates higher even as the European economy remains subdued despite a better-than-expected second quarter performance. Nevertheless, the economies in the regions where we operate have so far demonstrated remarkable resilience, supported by a number of factors. First, investment activity remains robust. In Greece, in particular, the government recently unveiled a EUR 23 billion national development program for the period 2026 to 2030, focused on infrastructure, climate resilience and regional economic convergence. Second, the tourism sector continues to demonstrate resilience. In both Greece and Cyprus, tourist arrivals rebounded swiftly and current trends point to a season broadly in line with last year’s strong performance.

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FIFA has scrapped $20 billion World Cup sell-off plan, New York Post reports

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FIFA has scrapped $20 billion World Cup sell-off plan, New York Post reports

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Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador

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While the world’s democratic superpower was maintaining armslength from Narendra Modi (then Gujarat Chief Minister in 2012-13), Europe led by an European Union delegation in India was quietly engaging with the BJP leader nearly two years before the Lok Sabha elections. In fact, Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year. And in the runup to the polls, he even travelled across India to get a sense of the probable outcome and interacted with all players cutting across the political spectrum, something foreign envoys seldom do. In an interview with ET, Ambassador Cravinho described India’s new Prime Minister as a man with clarity of thought who has a clear vision for India and governance. The Ambassador feels that EU member states have the potential to drive Modi’s economic diplomacy and help boost India’s economic health.

How do you view this victory of Narendra Modi and the BJP? And how will it impact the Indian economy?

We want India to do well. This election has ensured that there’s political stability for the next five years. A decisive leadership would mean tougher decisions, and no good governance is possible without tough decisions. The BJP-led NDA has a clear mandate to take bold and innovative decisions. International politics is not about zero-sum game and while India would economically engage other powers, EU has the potential to drive growth in India. EU is already the single biggest trading partner as a bloc, and is the single largest source of FDI for India as a bloc. We are ready to meet India’s needs in the fields of technology and funds.

You have interacted with Modi when he was the Gujarat Chief Minister. How do you rate him as a leader of modern India?

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As a former Secretary of State for Foreign Affairs and Cooperation of Portugal, I had interacted with various leaders worldwide and I can say that Mr Modi is among the best. He has clarity of thought and clear vision of governance and that’s what India requires. He also has a very clear understanding of the challenges before the country. He is a good listener as well as a good talker and can engage in enriching discussions. No Prime Minister would like to have communal strife on his record, and I am certain that he would not allow any communal tensions in India. His priority is to boost the economy and he has his eyes set on that.

Where do India-EU relations go from here? What are the priority areas for India-EU and what’s the future of Free Trade Agreement that’s being negotiated for many years now?