Parex Resources (PARXF) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $9.19 to $9.40
• 50-Day Range: $8.70 to $13.00
• 52-Week Range: $8.43 to $20.66
• Volume: 83,756 shs
• Average Volume: 69,403 shs
• Market Capitalization: N/A
• P/E Ratio: 20.22
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

Parex Resources Stock Analysis - MarketRank™

Parex Resources scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Parex Resources.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Parex Resources is 20.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Parex Resources is 20.22, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 107.70.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Parex Resources has a short interest ratio ("days to cover") of 23.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Parex Resources has recently increased by 37.38%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Parex Resources does not currently pay a dividend.

Dividend Growth

Parex Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Parex Resources has a short interest ratio ("days to cover") of 23.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Parex Resources has recently increased by 37.38%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: N/A

News Sentiment

Parex Resources has a news sentiment score of -1.00. 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 lower news sentiment than the 0.40 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Parex Resources this week, compared to 0 articles on an average week.

Search Interest

3 people have searched for PARXF on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Parex Resources insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 33.35% of the stock of Parex Resources is held by institutions.

PARXF Stock Analysis - Frequently Asked Questions

How have PARXF shares performed this year?

Parex Resources' stock was trading at $18.84 at the beginning of 2024. Since then, PARXF stock has decreased by 51.1% and is now trading at $9.2060.
View the best growth stocks for 2024 here.

How do I buy shares of Parex Resources?

Shares of PARXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PARXF
• CUSIP: N/A
• CIK: N/A
• Web: www.parexresources.com
• Phone: (403) 265-4800
• Fax: N/A
• Employees: 449
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 20.22
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A