Heat the extra virgin olive oil in a heavy-bottomed pot or Dutch oven over medium-high heat.
Season the cubed beef chuck with sea salt and black pepper, then sear in the pot until deeply browned on all sides.
Remove the beef from the pot and set aside, then add the carrots, pearl onions, and halved mushrooms to the remaining fat.
Sauté the vegetables for 5 minutes until the onions are translucent and the mushrooms begin to brown.
Stir in the minced garlic and tomato paste, cooking for 1 minute until the mixture becomes fragrant and darkens slightly.
Pour in the dry red wine to deglaze the pot, using a wooden spoon to scrape up all the flavorful browned bits from the bottom.
Return the beef to the pot along with any accumulated juices, then pour in the beef bone broth and add the dried thyme.
Bring the liquid to a gentle simmer, then cover and reduce heat to low, cooking for 90 minutes until the beef is fork-tender.
Garnish the finished stew with fresh parsley before serving in shallow bowls.