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Parex Resources (TSE:PXT)
TSX:PXT
Holding TSE:PXT?
Track your performance easily
PXT Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$11.33 - C$25.78
Previous CloseC$13.75
Volume474.34K
Average Volume (3M)891.85K
Market Cap
C$1.37B
Enterprise ValueC$1.21B
Total Cash (Recent Filing)$147.45M
Total Debt (Recent Filing)$35.11M
Price to Earnings (P/E)4.0
Beta0.76
Next Earnings
Feb 26, 2025EPS Estimate
C$1.64Last Dividend Ex-Date
Dec 09, 2024Dividend Yield11.59%
Share Statistics
EPS (TTM)3.47
Shares Outstanding101,175,686
10 Day Avg. Volume945,500
30 Day Avg. Volume891,852
Standard Deviation0.13
R-Squared0.24
Alpha-0.00374
Financial Highlights & Ratios
Price to Book (P/B)0.71
Price to Sales (P/S)0.89
Price to Cash Flow (P/CF)1.40
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit1.73
Enterprise Value/Ebitda1.83
Forecast
1Y Price Target
C$15.33Price Target Upside12.96% Upside
Rating ConsensusHold
Number of Analyst Covering3
Parex Resources News
PremiumCompany Announcements
Parex Resources Expands Partnership with Ecopetrol
PremiumCompany Announcements
Parex Reports Lower Earnings Amid Operational Investments
PremiumCompany Announcements
Parex Resources Reports Q3 Results and Dividend
Bulls Say, Bears Say
Bulls Say
Insider ActivityRecent broad insider buying should begin to help restore confidence.
Strategic PartnershipsParex and Ecopetrol entered into an agreement to consolidate their lands along the Llanos Foothills trend, a 500 km geological trend of largely unexplored gas/liquids-rich prospects.
ValuationThere still is a potential valuation disconnect for Parex, especially following the stock's recent steep decline in price and a misunderstanding of the future potential of Parex's agreement with state-owned Ecopetrol SA.
Bears Say
Investor ConfidenceInvestor confidence appears to be diminished with the share price down ~50% YTD.
Production ResultsIt has recently been upended by underwhelming production results.
Regulatory And Social RisksGovernment regulation, drilling exploration risk, and social unrest in Colombia have historically warranted caution.
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Options Prices
Currently, No data available
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Ownership Overview
1.74% Insiders
21.30% Mutual Funds
2.89% Other Institutional Investors
65.70% Public Companies and
Individual Investors
PXT FAQ
What was Parex Resources’s price range in the past 12 months?
Parex Resources lowest stock price was C$11.33 and its highest was C$25.78 in the past 12 months.
What is Parex Resources’s market cap?
Currently, no data Available
When is Parex Resources’s upcoming earnings report date?
Parex Resources’s upcoming earnings report date is Feb 26, 2025 which is in 67 days.
How were Parex Resources’s earnings last quarter?
Parex Resources released its earnings results on Nov 06, 2024. The company reported C$0.925 earnings per share for the quarter, missing the consensus estimate of C$1.136 by -C$0.211.
Is Parex Resources overvalued?
According to Wall Street analysts Parex Resources’s price is currently Undervalued.
Does Parex Resources pay dividends?
Parex Resources pays a Quarterly dividend of C$0.384 which represents an annual dividend yield of 11.59%. See more information on Parex Resources dividends here
What is Parex Resources’s EPS estimate?
Parex Resources’s EPS estimate is C$1.64.
How many shares outstanding does Parex Resources have?
Parex Resources has 99,341,340 shares outstanding.
What happened to Parex Resources’s price movement after its last earnings report?
Parex Resources reported an EPS of C$0.925 in its last earnings report, missing expectations of C$1.136. Following the earnings report the stock price went up 5.586%.
Which hedge fund is a major shareholder of Parex Resources?
Currently, no hedge funds are holding shares in TSE:PXT
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Parex Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$15.33 (12.96% Upside)
C$15.33 (12.96% Upside)
Blogger Sentiment
Bullish
TSE:PXT Sentiment 75%
Sector Average 69%
Sector Average 69%
Insider Transactions
Bought Shares
Worth $129.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.02%
12-Months-Change
Fundamentals
Return on Equity
13.81%
Trailing 12-Months
Asset Growth
1.20%
Trailing 12-Months
Company Description
Parex Resources
Parex Resources, Inc. engages in the exploration, development, and production of crude oil. Its operates thorough the Canada and Colombia geographical segments. Its operating reserves include, Llanos, and lower and middle Magdalena. The company was founded on August 17, 2009 and is headquartered in Calgary, Canada.
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PXT Earnings Call
Q3 2024
0:00 / 0:00
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PXT Stock 12 Month Forecast
Average Price Target
C$15.33
▲(12.96% Upside)
Technical Analysis
Parex Resources
―
Petroleo Brasileiro SA- Petrobras
―
Obsidian Energy
―
Gran Tierra Energy
―
YPF Sociedad Anonima
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Best Analysts Covering PXT
1 Year
1 Year Success Rate
11/23 ratings generated profit
1 Year Average Return
+0.48%
reiterated a buy rating 8 months ago
Copying Luke Davis's trades and holding each position for 1 Year would result in 47.83% of your transactions generating a profit, with an average return of +0.48% per trade.
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