TSE:PXT Parex Resources (PXT) Stock Price, News & Analysis C$13.13 -0.10 (-0.76%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$12.99▼C$13.3950-Day RangeC$13.13▼C$21.9952-Week RangeC$11.33▼C$28.23Volume1.55 million shsAverage Volume632,803 shsMarket CapitalizationC$1.33 billionP/E Ratio3.24Dividend Yield11.73%Price TargetC$25.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Parex Resources alerts: Email Address Parex Resources MarketRank™ Stock AnalysisAnalyst RatingHold2.40 Rating ScoreUpside/Downside92.5% UpsideC$25.27 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.66Based on 17 Articles This WeekInsider TradingAcquiring SharesC$438,657 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.28 out of 5 stars 3.2 Analyst's Opinion Consensus RatingParex Resources has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageParex Resources has only been the subject of 4 research reports in the past 90 days.Read more about Parex Resources' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PXT. Previous Next 2.5 Dividend Strength Dividend LeadershipParex Resources is a leading dividend payer. It pays a dividend yield of 11.52%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParex Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Parex Resources is 38.02%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Parex Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PXT. Previous Next 3.1 News and Social Media Coverage News SentimentParex Resources has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Parex Resources this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for PXT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows7 people have added Parex Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parex Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$438,657.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 1.60% of the stock of Parex Resources is held by insiders.Percentage Held by Institutions50.20% of the stock of Parex Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Parex Resources' insider trading history. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Parex Resources is 3.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Parex Resources is 3.24, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 104.00.Price to Earnings Growth RatioParex Resources has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioParex Resources has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Parex Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Golden CrestBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.>> Get Your FREE Wealth Protection Guide << About Parex Resources Stock (TSE:PXT)Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada.Read More PXT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PXT Stock News HeadlinesSeptember 7 at 9:25 AM | insidertrades.comParex Resources Inc. (TSE:PXT) Senior Officer Buys C$13,000.00 in StockSeptember 5 at 7:07 AM | insidertrades.comSigmund Cornelius Purchases 7,500 Shares of Parex Resources Inc. (TSE:PXT) StockSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 4 at 4:42 AM | insidertrades.comParex Resources Inc. (TSE:PXT) Senior Officer Acquires C$52,200.00 in StockAugust 31, 2024 | insidertrades.comParex Resources Inc. (TSE:PXT) Director G.R. (Bob) Mac Dougall Buys 7,674 SharesSeptember 7 at 6:55 AM | americanbankingnews.comParex Resources Inc. (TSE:PXT) Director Acquires C$98,718.75 in StockSeptember 5 at 5:43 AM | americanbankingnews.comWayne Kim Foo Buys 4,000 Shares of Parex Resources Inc. (TSE:PXT) StockSeptember 5 at 5:07 AM | americanbankingnews.comParex Resources Inc. (TSE:PXT) Senior Officer Buys C$174,623.00 in StockSeptember 7, 2024 | Weiss Ratings (Ad)“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.September 4 at 2:23 AM | americanbankingnews.comParex Resources Inc. (TSE:PXT) Given Average Rating of "Hold" by BrokeragesSeptember 1, 2024 | americanbankingnews.comG.R. (Bob) Mac Dougall Purchases 7,674 Shares of Parex Resources Inc. (TSE:PXT) StockSeptember 1, 2024 | americanbankingnews.comParex Resources (TSE:PXT) Price Target Cut to C$25.00August 31, 2024 | americanbankingnews.comParex Resources (TSE:PXT) Lowered to Neutral at Eight CapitalAugust 31, 2024 | americanbankingnews.comParex Resources (TSE:PXT) PT Lowered to C$19.00August 31, 2024 | americanbankingnews.comParex Resources (TSE:PXT) Shares Down 30.9% After Analyst DowngradeAugust 31, 2024 | americanbankingnews.comParex Resources (TSE:PXT) Stock Rating Lowered by Royal Bank of CanadaAugust 30, 2024 | msn.comCanada stocks higher at close of trade; S&P/TSX Composite up 0.43%August 30, 2024 | ca.finance.yahoo.comParex stock plunges as the Canadian oil & gas firm faces challenges in ColombiaSee More Headlines Receive PXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Parex Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/17 Dividend6/10/2024Dividend Payable6/17/2024Last Earnings7/31/2024Today9/07/2024Ex-Dividend for 9/16 Dividend9/09/2024Dividend Payable9/16/2024Next Earnings (Estimated)11/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorEnergy Industry Oil & Gas E&P Sub-IndustryN/A Current SymbolTSE:PXT CUSIPN/A CIKN/A Webwww.parexresources.com Phone+1-403-2654800FaxN/AEmployees449Year FoundedN/APrice Target and Rating Average Stock Price TargetC$25.27 High Stock Price TargetC$34.00 Low Stock Price TargetC$16.00 Potential Upside/Downside+92.5%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.05 Trailing P/E Ratio3.24 Forward P/E Ratio5.06 P/E Growth0.21Net IncomeC$317.46 million Net Margins26.15% Pretax MarginN/A Return on Equity17.02% Return on Assets15.28% Debt Debt-to-Equity Ratio2.90 Current Ratio1.14 Quick Ratio1.45 Sales & Book Value Annual SalesC$1.21 billion Price / Sales1.10 Cash FlowC$2.36 per share Price / Cash Flow5.57 Book ValueC$18.95 per share Price / Book0.69Miscellaneous Outstanding Shares101,180,000Free FloatN/AMarket CapC$1.33 billion OptionableNot Optionable Beta1.45 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Imad Mohsen (Age 50)President, CEO & Director Comp: $1.57MMr. Sanjay Bishnoi Ph.D. (Age 49)CFO & Corporate Secretary Comp: $487.97kMr. Eric FurlanChief Operating OfficerMr. Michael KruchtenSenior Vice President of Capital Markets & Corporate PlanningMr. Daniel FerreiroPresident & Country Manager of Parex Resources (Colombia) Ltd.Steven EirichInvestor Relations & Communications AdvisorMr. Joshua ShareSenior Vice President of Corporate ServicesMr. Cam GraingerControllerMore ExecutivesKey CompetitorsParamount ResourcesTSE:POUBaytex EnergyTSE:BTEAthabasca OilTSE:ATHPeyto Exploration & DevelopmentTSE:PEYNuVista EnergyTSE:NVAView All CompetitorsInsidersMichael KruchtenBought 1,000 shares on 9/6/2024Total: C$13,000.00 ($13.00/share)Sigmund CorneliusBought 7,500 shares on 9/4/2024Total: C$98,718.75 ($13.16/share)Imad MohsenBought 13,100 shares on 9/3/2024Total: C$174,623.00 ($13.33/share)G.R. (Bob) Mac DougallBought 7,674 shares on 8/30/2024Total: C$100,115.00 ($13.05/share)Wayne Kim FooBought 4,000 shares on 8/30/2024Total: C$52,200.00 ($13.05/share)View All Insider Transactions PXT Stock Analysis - Frequently Asked Questions How have PXT shares performed this year? Parex Resources' stock was trading at C$24.95 at the beginning of 2024. Since then, PXT shares have decreased by 47.4% and is now trading at C$13.13. View the best growth stocks for 2024 here. How were Parex Resources' earnings last quarter? Parex Resources Inc. (TSE:PXT) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $499.23 million for the quarter. Parex Resources had a trailing twelve-month return on equity of 17.02% and a net margin of 26.15%. How do I buy shares of Parex Resources? Shares of PXT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Parex Resources own? Based on aggregate information from My MarketBeat watchlists, some other companies that Parex Resources investors own include Air Canada (AC), Whitecap Resources (WCP), Bank of America (BAC), Cenovus Energy (CVE), Vermilion Energy (VET), Canadian Natural Resources (CNQ) and Enbridge (ENB). This page (TSE:PXT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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