Parex Resources Company Profile (TSE:PXT)

About Parex Resources (TSE:PXT)

Parex Resources logoParex Resources, Inc. is a Canada-based oil and gas company. The Company is engaged in crude oil exploration, development and production in Colombia. The Company's segments include Canada and Colombia. The Company, through its foreign subsidiaries, holds interests in onshore exploration and production blocks totaling approximately 1,870,120 gross acres. The Company's annual oil production is approximately 27,430 barrels per day. The Company's principal land holdings and interests in exploration and production blocks held by its subsidiaries include LLA-16, 20, 29 and 30; LLA-57; Los Ocarros; El Eden; Cabrestero; LLA-40; LLA-24; LLA-26; Cebucan; LLA-32; LLA-10, which are located in Colombia Llanos Basin; VMM-11; Morpho; VIM-1, and VMM-9, which are located in Colombia Magdalena Basin. Its subsidiaries include Parex Resources Colombia, Ltd., Ramshorn International Limited and Parex Resources (Trinidad), Ltd., which are engaged in oil and natural gas exploration and development.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Industrial Metals & Minerals
  • Sub-Industry: N/A
  • Symbol: TSE:PXT
  • CUSIP: N/A
  • Web: www.parexresources.com/
Capitalization:
  • Market Cap: C$2.3 billion
  • Outstanding Shares: 154,470,000
Average Prices:
  • 50 Day Moving Avg: C$13.54
  • 200 Day Moving Avg: C$15.42
  • 52 Week Range: C$12.19 - C$18.22
P/E:
  • Trailing P/E Ratio: 509.31
  • P/E Growth: 1.95
Sales & Book Value:
  • Annual Revenue: C$509.99 million
  • Price / Sales: 4.50
  • Book Value: C$5.00 per share
  • Price / Book: 2.97
Profitability:
  • EBIDTA: C$242.55 million
  • Net Margins: 2.65%
  • Return on Equity: 1.84%
  • Return on Assets: 1.41%
Misc:
  • Average Volume: 374,524 shs.
  • Short Ratio: 18.88
 

Frequently Asked Questions for Parex Resources (TSE:PXT)

What is Parex Resources' stock symbol?

Parex Resources trades on the Tornton Stock Exchange (TSX) under the ticker symbol "PXT."

When will Parex Resources make its next earnings announcement?

Parex Resources is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for Parex Resources.

Where is Parex Resources' stock going? Where will Parex Resources' stock price be in 2017?

6 brokers have issued 12-month price objectives for Parex Resources' stock. Their predictions range from C$19.00 to C$24.00. On average, they anticipate Parex Resources' share price to reach C$21.79 in the next twelve months. View Analyst Ratings for Parex Resources.

Who are some of Parex Resources' key competitors?

Who are Parex Resources' key executives?

Parex Resources' management team includes the folowing people:

  • Wayne Kim Foo, Chairman of the Board
  • David Taylor, President, Chief Executive Officer
  • Kenneth Pinsky, Chief Financial Officer, Corporate Secretary
  • Michael Kruchten, Vice President - Corporate Planning and Investor Relations
  • Robert J. Engbloom QC, Lead Independent Director
  • Lisa J. Colnett, Director
  • Bob MacDougall, Director
  • Glenn A. McNamara, Director
  • Carmen Sylvain, Director

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?

One share of Parex Resources stock can currently be purchased for approximately C$14.86.


MarketBeat Community Rating for Parex Resources (TSE PXT)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  255 (Vote Outperform)
Underperform Votes:  164 (Vote Underperform)
Total Votes:  419
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.

Analyst Ratings

Consensus Ratings for Parex Resources (TSE:PXT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.17)
Consensus Price Target: C$21.79

Analysts' Ratings History for Parex Resources (TSE:PXT)
Show:
DateFirmActionRatingPrice TargetDetails
5/12/2017TD SecuritiesBoost Price TargetBuyC$21.00 -> C$22.00View Rating Details
4/26/2017CIBCBoost Price TargetC$18.50 -> C$21.50View Rating Details
4/10/2017ScotiabankBoost Price TargetFocus StockC$23.00 -> C$24.00View Rating Details
3/15/2017Royal Bank Of CanadaBoost Price TargetOutperformC$20.00 -> C$21.00View Rating Details
3/2/2017Canaccord GenuityReiterated RatingBuyC$22.00View Rating Details
2/9/2017MackieBoost Price TargetBuyC$16.75 -> C$19.00View Rating Details
2/7/2017CSFBBoost Price TargetOutperformC$18.25 -> C$23.00View Rating Details
9/9/2016FirstEnergy CapitalReiterated RatingOutperformView Rating Details
8/23/2016Haywood SecuritiesBoost Price TargetBuyC$18.00 -> C$21.00View Rating Details
7/8/2016Dundee SecuritiesBoost Price TargetC$15.00 -> C$16.00View Rating Details
6/8/2016Paradigm CapitalBoost Price TargetBuyC$14.00 -> C$15.50View Rating Details
2/22/2016FirstEnergy CorporationBoost Price TargetC$12.50 -> C$13.00View Rating Details
2/9/2016Credit Suisse GroupBoost Price TargetC$10.75 -> C$11.00View Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Parex Resources (TSE:PXT)
Earnings by Quarter for Parex Resources (TSE:PXT)
Earnings History by Quarter for Parex Resources (TSE PXT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/9/2017        
8/5/2014C$0.14C$0.24C$179.16 millionC$199.82 millionViewN/AView Earnings Details
5/12/2014C$0.10C$0.21C$176.28 millionC$195.88 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Parex Resources (TSE:PXT)
2017 EPS Consensus Estimate: $1.44
2018 EPS Consensus Estimate: $1.77
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.44$0.44$0.44
Q2 20171$0.35$0.35$0.35
Q3 20171$0.30$0.30$0.30
Q4 20171$0.35$0.35$0.35
Q1 20181$0.41$0.41$0.41
Q2 20181$0.43$0.43$0.43
Q3 20181$0.46$0.46$0.46
Q4 20181$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Parex Resources (TSE:PXT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Parex Resources (TSE:PXT)
Insider Trades by Quarter for Parex Resources (TSE:PXT)
Insider Trades by Quarter for Parex Resources (TSE:PXT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2017Carmen SylvainDirectorBuy374C$13.31C$4,977.94
8/16/2017Eric FurlanInsiderBuy3,000C$13.25C$39,750.00
8/11/2017Michael KruchtenInsiderBuy800C$13.75C$11,000.00
4/18/2017David Robert TaylorInsiderSell10,000C$17.60C$176,000.00
4/13/2017Ronald Douglas MillerDirectorSell43,945C$18.00C$791,010.00
4/12/2017David Robert TaylorInsiderSell100,000C$17.99C$1,799,000.00
4/12/2017Ronald Douglas MillerDirectorSell90,000C$17.98C$1,618,200.00
4/11/2017David Robert TaylorInsiderSell6,300C$17.90C$112,770.00
4/5/2017Paul David WrightDirectorSell10,000C$17.53C$175,300.00
3/23/2017John Frederick BechtoldDirectorSell10,000C$15.40C$154,000.00
3/20/2017Curtis Darrell BartlettDirectorSell16,834C$16.10C$271,027.40
3/15/2017Kenneth George PinskyInsiderSell15,000C$16.35C$245,250.00
3/15/2017Ronald Douglas MillerDirectorSell4,700C$16.00C$75,200.00
3/14/2017John Frederick BechtoldDirectorSell6,834C$15.23C$104,081.82
3/13/2017Ronald Douglas MillerDirectorSell12,300C$16.00C$196,800.00
2/13/2017John Frederick BechtoldDirectorSell6,600C$16.60C$109,560.00
2/10/2017David Robert TaylorInsiderSell12,000C$16.65C$199,800.00
1/30/2017Glenn McnamaraDirectorBuy4,780C$15.79C$75,476.20
1/20/2017John Frederick BechtoldDirectorSell10,000C$15.02C$150,200.00
6/8/2016Ronald Douglas MillerDirectorSell4,000C$13.50C$54,000.00
6/7/2016John Frederick BechtoldDirectorSell10,000C$14.14C$141,400.00
6/6/2016Ronald Douglas MillerDirectorSell9,700C$13.50C$130,950.00
3/22/2016David Robert TaylorInsiderSell60,000C$11.85C$711,000.00
3/21/2016Wayne Kim FooInsiderSell100,000C$11.44C$1,144,440.00
12/16/2015Robert John EngbloomDirectorSell26,833C$9.95C$266,988.35
11/25/2015Ronald Douglas MillerDirectorSell18,500C$10.90C$201,572.30
11/24/2015Ronald Douglas MillerDirectorSell15,000C$10.83C$162,408.00
11/23/2015Paul David WrightDirectorSell6,600C$10.73C$70,785.00
11/20/2015Paul David WrightDirectorSell5,000C$10.70C$53,500.00
11/19/2015Wayne Kim FooInsiderSell5,100C$10.55C$53,805.00
11/18/2015Paul David WrightDirectorSell3,400C$10.75C$36,550.00
11/18/2015Wayne Kim FooInsiderSell5,000C$10.65C$53,250.00
11/11/2015Curtis Darrell BartlettDirectorSell33,666C$10.55C$355,260.47
10/9/2015Barry LarsonInsiderSell50,000C$10.75C$537,500.00
10/8/2015Kenneth George PinskyInsiderSell30,000C$10.70C$321,000.00
6/17/2015Barry LarsonInsiderSell18,900C$11.00C$207,900.00
6/16/2015Barry LarsonInsiderSell1,100C$11.00C$12,100.00
5/15/2015Barry LarsonInsiderSell35,000C$10.00C$350,000.00
12/15/2014Ronald Douglas MillerDirectorBuy3,500C$6.38C$22,330.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Parex Resources (TSE:PXT)
Latest Headlines for Parex Resources (TSE:PXT)
Source:
DateHeadline
finance.yahoo.com logoParex Resources, Inc. – Value Analysis (TORONTO:PXT) : September 19, 2017
finance.yahoo.com - September 19 at 6:52 AM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bullish Manner : PXT-CA : September 15, 2017
finance.yahoo.com - September 15 at 3:15 PM
finance.yahoo.com logoParex Resources Announces Approval of Normal Course Issuer Bid
finance.yahoo.com - September 12 at 8:56 AM
americanbankingnews.com logoCormark Analysts Cut Earnings Estimates for Parex Resources Inc. (PXT)
www.americanbankingnews.com - September 7 at 8:08 AM
finance.yahoo.com logoToday's Research Reports on Imperial Oil Limited, Suncor Energy Inc., MEG Energy Corp. and Parex Resources Inc.
finance.yahoo.com - August 25 at 10:24 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Insider Eric Furlan Buys 3,000 Shares
www.americanbankingnews.com - August 18 at 1:22 PM
finance.yahoo.com logoParex Resources, Inc. :PXT-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 15, 2017
finance.yahoo.com - August 16 at 7:00 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Insider Purchases C$11,000.00 in Stock
www.americanbankingnews.com - August 14 at 4:50 PM
americanbankingnews.com logoFY2017 EPS Estimates for Parex Resources Inc. Cut by Cormark (PXT)
www.americanbankingnews.com - August 14 at 4:24 AM
americanbankingnews.com logoCormark Weighs in on Parex Resources Inc.'s Q4 2018 Earnings (PXT)
www.americanbankingnews.com - August 11 at 4:28 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Parex Resources Inc. (TSE:PXT) Issued By Cormark
www.americanbankingnews.com - August 11 at 11:40 AM
finance.yahoo.com logoEdited Transcript of PXT.TO earnings conference call or presentation 10-Aug-17 2:30pm GMT
finance.yahoo.com - August 11 at 7:53 AM
finance.yahoo.com logoParex Announces 2017 Second Quarter Results
finance.yahoo.com - August 10 at 7:09 AM
finance.yahoo.com logoParex Resources, Inc. :PXT-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 7:21 AM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : August 2, 2017
finance.yahoo.com - August 3 at 7:09 AM
americanbankingnews.com logoParex Resources Inc. (TSE:PXT) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:16 AM
americanbankingnews.com logoParex Resources Inc. (TSE:PXT) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 10:56 AM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bullish Manner : PXT-CA : July 20, 2017
finance.yahoo.com - July 21 at 6:29 AM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bullish Manner : PXT-CA : July 20, 2017
finance.yahoo.com - July 21 at 6:29 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 26 at 10:15 AM
finance.yahoo.com logoETFs with exposure to Parex Resources, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 9:13 AM
americanbankingnews.com logoResearch Analysts Offer Predictions for Parex Resources Inc.'s Q2 2017 Earnings (PXT)
www.americanbankingnews.com - June 15 at 7:42 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 30 at 8:47 AM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : May 26, 2017
finance.yahoo.com - May 27 at 3:12 AM
americanbankingnews.com logoParex Resources Inc. to Post Q2 2018 Earnings of $0.56 Per Share, Cormark Forecasts (PXT)
www.americanbankingnews.com - May 15 at 9:12 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Price Target Raised to C$22.00
www.americanbankingnews.com - May 12 at 2:54 PM
finance.yahoo.com logoParex Resources Announces 2017 First Quarter Results
finance.yahoo.com - May 10 at 7:37 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Receives C$20.50 Consensus PT from Brokerages
www.americanbankingnews.com - May 8 at 11:52 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 5 at 11:56 AM
finance.yahoo.com logoParex Resources, Inc. – Value Analysis (TORONTO:PXT) : May 4, 2017
finance.yahoo.com - May 4 at 7:37 PM
finance.yahoo.com logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : May 3, 2017
finance.yahoo.com - May 3 at 7:35 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Price Target Raised to C$21.50
www.americanbankingnews.com - April 26 at 3:10 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Insider David Robert Taylor Sells 10,000 Shares
www.americanbankingnews.com - April 19 at 4:53 PM
americanbankingnews.com logoInsider Selling: Parex Resources Inc. (PXT) Director Sells 43,945 Shares of Stock
www.americanbankingnews.com - April 17 at 7:57 PM
americanbankingnews.com logoScotiabank Increases Parex Resources Inc. (PXT) Price Target to C$24.00
www.americanbankingnews.com - April 14 at 7:04 AM
americanbankingnews.com logoParex Resources Inc. (PXT) Insider Sells C$112,770.00 in Stock
www.americanbankingnews.com - April 13 at 10:59 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Director Ronald Douglas Miller Sells 90,000 Shares
www.americanbankingnews.com - April 13 at 7:52 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Insider David Robert Taylor Sells 100,000 Shares
www.americanbankingnews.com - April 13 at 7:52 PM
americanbankingnews.com logoParex Resources Inc. (PXT) PT Raised to C$24.00
www.americanbankingnews.com - April 10 at 3:17 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 10 at 12:40 PM
finance.yahoo.com logoParex Operational Update: Cabrestero Drilling Success Driving Production Growth
finance.yahoo.com - April 7 at 12:07 PM
americanbankingnews.com logoInsider Selling: Parex Resources Inc. (PXT) Director Sells 10,000 Shares of Stock
www.americanbankingnews.com - April 6 at 5:01 PM
americanbankingnews.com logoCormark Equities Analysts Decrease Earnings Estimates for Parex Resources Inc. (PXT)
www.americanbankingnews.com - March 31 at 12:52 PM
americanbankingnews.com logoEquities Analysts Offer Predictions for Parex Resources Inc.'s Q4 2018 Earnings (PXT)
www.americanbankingnews.com - March 30 at 1:01 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Receives "Focus Stock" Rating from Scotiabank
www.americanbankingnews.com - March 29 at 2:13 PM
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www.cnn.com - March 27 at 3:16 PM
nbcnews.com logoUnited Airlines Leggings Incident Shows Changing Nature of Air Travel - NBCNews.com
www.nbcnews.com - March 27 at 3:16 PM
foxnews.com logoTrumpCare? RyanCare? How about don't care - Fox News
www.foxnews.com - March 27 at 3:16 PM
americanbankingnews.com logoCurtis Darrell Bartlett Sells 16,834 Shares of Parex Resources Inc. (PXT) Stock
www.americanbankingnews.com - March 21 at 7:37 PM
americanbankingnews.com logoParex Resources Inc. (PXT) Price Target Increased to C$21.00 by Analysts at Royal Bank of Canada
www.americanbankingnews.com - March 21 at 7:10 AM

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Chart

Parex Resources (PXT) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff