Parex Resources Inc. is an international oil and gas exploration and development company, headquartered in Calgary, Canada and publically listed on the Toronto Stock Exchange (TSX:PXT). Since inception in 2009, Parex has achieved material reserves, production and land growth. The Company holds interest in 23 blocks over 2.6 million gross acres land position in the prolific Llanos Basin and the Magdalena Basins of Colombia. The Company's growth has been self-funded and focused on cost-effectiveness so as to maintain balance sheet strength. Current daily oil production averages ~27,500 bopd with over 68 million barrels of Proved Plus Probable Reserves at year-end 2014.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: CVE:PXT
- CUSIP: N/A
- Web: N/A
- Market Cap: C$2.36 billion
- Outstanding Shares: 154,312,000
- 50 Day Moving Avg: C$14.89
- 200 Day Moving Avg: C$16.05
- 52 Week Range: C$12.30 - C$18.22
Sales & Book Value:
- Trailing P/E Ratio: 2158.57
- P/E Growth: 1.43
- Annual Revenue: C$472.77 million
- Price / Sales: 5.00
- Book Value: C$4.95 per share
- Price / Book: 3.09
- Average Volume: 270,470 shs.
- Short Ratio: 19.35
Frequently Asked Questions for Parex Resources (CVE:PXT)
What is Parex Resources' stock symbol?
Parex Resources trades on the Canadian Venture Exchange (CVE) under the ticker symbol "PXT."
Who are some of Parex Resources' key competitors?
Some companies that are related to Parex Resources include Raging River Exploration (RRX), Knight Therapeutics (GUD), Africa Oil Corp (AOI), Ithaca Energy (IAE), Sandstorm Gold Ltd (SSL), Tamarack-Valley-Energy-Ltd (TVE), Surge Energy (SGY), Tidewater Midstream & Infrastructure Ltd (TWM), Integra Gold Corp (ICG), Leucrotta Exploration (LXE), Falcon Oil & Gas Ltd (FO), Belo Sun Mining Corp (BSX), TIO Networks Corp (TNC), CanElson Drilling (CDI), Blackbird Energy (BBI), Victoria Gold Corp (VIT), Atlantic Gold Corp (AGB) and WesternZagros Resources (WZR).
How do I buy Parex Resources stock?
Shares of Parex Resources and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Parex Resources' stock price today?
MarketBeat Community Rating for Parex Resources (CVE PXT)MarketBeat's community ratings are surveys of what our community members think about Parex Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Parex Resources stock can currently be purchased for approximately C$15.31.
Consensus Ratings for Parex Resources (CVE:PXT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
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Analysts' Ratings History for Parex Resources (CVE:PXT)
(Data available from 7/26/2015 forward)
|11/26/2015||Raymond James Financial, Inc.||Lower Price Target||Outperform||C$7.00 -> C$6.50|
|11/2/2015||Scotiabank||Boost Price Target||C$11.50 -> C$12.50|
|11/2/2015||CIBC||Boost Price Target||Sector Outperform||C$10.00 -> C$14.00|
|10/5/2015||Paradigm Capital||Lower Price Target||C$12.25 -> C$12.00|
|9/8/2015||Mackie||Boost Price Target||Buy||C$11.30 -> C$12.00|
Earnings History for Parex Resources (CVE:PXT)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Parex Resources (CVE:PXT)
Current Year EPS Consensus Estimate: $0.86 EPS
Dividend History for Parex Resources (CVE:PXT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Parex Resources (CVE:PXT)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Parex Resources (CVE:PXT)
Latest Headlines for Parex Resources (CVE:PXT)
|Research Reports Initiated on Energy Stocks: PrairieSky Royalty, Freehold Royalties, Petrus Resources, and Parex Resources|
finance.yahoo.com - May 24 at 9:57 AM
|Research Reports Initiated on Energy Stocks Petrus Resources, Zargon Oil and Gas, Parex Resources, and Birchcliff Energy|
finance.yahoo.com - March 13 at 9:39 AM
|Parex Announces 2016 Third Quarter Results Highlighted by the Jacana Field Continued Development|
finance.yahoo.com - November 10 at 6:54 PM
|Parex Resources Inc. Is the Oil Company You’ve Been Searching for|
www.fool.ca - November 3 at 7:01 PM
|Parex Resources Announces Voting Results for Election of Directors|
finance.yahoo.com - May 11 at 5:29 PM
|Parex Resources Announces 2016 First Quarter Results and Initiates 13 Well Drilling Program|
finance.yahoo.com - May 10 at 5:50 PM
|Parex Resources: Heavily Undervalued Offering 98% Upside|
seekingalpha.com - May 10 at 7:46 AM
|Why I Remain Bullish on Parex Resources Inc. Despite Weak Oil|
www.fool.ca - May 10 at 7:46 AM
|Q1 2016 Parex Resources Inc Earnings Release - After Market Close|
biz.yahoo.com - May 10 at 7:07 AM
|Newmarket Shows Q1 Results, Hits 52-Week High|
www.baystreet.ca - April 30 at 7:46 AM
|Parex Announces Two Farm-In Agreements With Ecopetrol for the De Mares and Playon Middle Magdalena Blocks in Colombia and Provides an Operational Update|
finance.yahoo.com - April 27 at 7:52 PM
|Parex Resources Inc. (PXT.TO)|
finance.yahoo.com - April 14 at 1:02 PM
|Edited Transcript of PXT.TO earnings conference call or presentation 9-Mar-16 4:30pm GMT|
finance.yahoo.com - April 6 at 10:44 AM
|Weston, First Capital at 52-week Highs|
www.baystreet.ca - March 18 at 12:52 PM
|Parex Resources Announces 2015 Fourth Quarter and Full Year 2015 Results|
finance.yahoo.com - March 8 at 5:07 PM
|Q4 2015 Parex Resources Inc Earnings Release - After Market Close|
biz.yahoo.com - March 8 at 7:07 AM
|Parex Resources Increases 2P Reserves to 82 MMboe, Achieves 232% 2P Reserves Replacement, and Delivers 2P F&D of USD$0.99/boe|
finance.yahoo.com - February 8 at 5:06 PM
|Q3 2015 Parex Resources Inc Earnings Release - After Market Close|
biz.yahoo.com - November 2 at 7:07 AM
|Ecopetrol, Canada's Parex agree to boost reserves at Colombia field|
finance.yahoo.com - September 30 at 12:51 PM
Parex Resources (PXT) Chart for Wednesday, July, 26, 2017