Parex Resources (PXT) Stock Price, News & Analysis

Company Overview

Parex is the largest independent oil and gas company in Colombia, focusing on sustainable conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogota, Colombia.

Key Stats

• Today's Range: C$29.25 to C$30.44
• 50-Day Range: C$26.45 to C$30.13
• 52-Week Range: C$17.12 to C$30.44
• Volume: 503,378 shs
• Average Volume: 879,677 shs
• Market Capitalization: C$2.90 billion
• P/E Ratio: 5.06
• Dividend Yield: 3.67%
• Price Target: C$26.63
• Consensus Rating: Hold

Parex Resources Stock Analysis - MarketRank™

Parex Resources scored higher than 52% 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: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

Parex Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Downside Risk

Parex Resources has a consensus price target of C$26.63, representing about 11.6% downside from its current price of C$30.13.

Amount of Analyst Coverage

Parex Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Parex Resources is 5.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Parex Resources is 5.06, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.61.

Price to Earnings Growth Ratio

Parex 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 Ratio

Parex Resources has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PXT.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Parex Resources is a leading dividend payer. It pays a dividend yield of 5.26%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Parex Resources is 18.57%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.36

News Sentiment

Parex Resources has a news sentiment score of 0.36. 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 0.64 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Parex Resources this week, compared to 0 articles on an average week.

Search Interest

3 people have searched for PXT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Parex Resources insiders have sold 1,466.00% more of their company's stock than they have bought. Specifically, they have bought C$54,800.00 in company stock and sold C$858,168.00 in company stock.

Percentage Held by Insiders

1.64% of the stock of Parex Resources is held by insiders.

Percentage Held by Institutions

47.24% of the stock of Parex Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 11/05/2024
• Ex-Dividend for 9/15 Dividend: 9/08/2026
• Record date for 9/15 Dividend: 9/15/2026
• Dividend Payable: 9/15/2026
• Today: 10/24/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: TSE:PXT
• CIK: N/A
• Web: www.parexresources.com
• Phone: +1-403-2654800
• Fax: N/A
• Employees: 461
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Parex Resources: C$26.63
• High Price Target: C$32.00
• Low Price Target: C$20.50
• Potential Upside/Downside: -11.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C$5.95
• Trailing P/E Ratio: 5.06
• Forward P/E Ratio: N/A
• P/E Growth: 0.21
• Net Income: C$183.23 million
• Net Margins: 53.09%
• Pretax Margin: N/A
• Return on Equity: 27.68%
• Return on Assets: 15.28%

Debt

• Debt-to-Equity Ratio: 34.66
• Current Ratio: 0.88
• Quick Ratio: 1.45

Sales & Book Value

• Annual Sales: C$1.25 billion
• Price / Sales: 2.32
• Cash Flow: C$5.41 per share
• Price / Cash Flow: 5.57
• Book Value: C$24.41 per share
• Price / Book: 1.23

Miscellaneous

• Outstanding Shares: 96,180,000
• Free Float: N/A
• Market Cap: C$2.90 billion
• Optionable: Not Optionable
• Beta: 0.17