Parex 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?
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?
Some companies that are related to Parex Resources include BRP (DOO), Ivanhoe Mines Ltd (IVN), Peabody Energy Corporation (BTU), Hudbay Minerals (HBM), Tahoe Resources (THO), Pretium Resources (PVG), Arch Coal, Inc. Class A (ARCH), Westshore Terminals Investment Corp (WTE), Superior Plus Corp. (SPB), Boralex (BLX), NovaGold Resources (NG), Cascades (CAS), Interfor Corp (IFP), Semafo (SMF), Sandstorm Gold Ltd (SSL), Sandstorm Gold Ltd (SSL), Arizona Mining (AZ) and Lucara Diamond Corp (LUC).
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)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.
Consensus Ratings for Parex Resources (TSE: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: | 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 5/12/2017 | TD Securities | Boost Price Target | Buy | C$21.00 -> C$22.00 |  |
| 4/26/2017 | CIBC | Boost Price Target | | C$18.50 -> C$21.50 | |
| 4/10/2017 | Scotiabank | Boost Price Target | Focus Stock | C$23.00 -> C$24.00 | |
| 3/15/2017 | Royal Bank Of Canada | Boost Price Target | Outperform | C$20.00 -> C$21.00 | |
| 3/2/2017 | Canaccord Genuity | Reiterated Rating | Buy | C$22.00 | |
| 2/9/2017 | Mackie | Boost Price Target | Buy | C$16.75 -> C$19.00 | |
| 2/7/2017 | CSFB | Boost Price Target | Outperform | C$18.25 -> C$23.00 | |
| 9/9/2016 | FirstEnergy Capital | Reiterated Rating | Outperform | | |
| 8/23/2016 | Haywood Securities | Boost Price Target | Buy | C$18.00 -> C$21.00 | |
| 7/8/2016 | Dundee Securities | Boost Price Target | | C$15.00 -> C$16.00 | |
| 6/8/2016 | Paradigm Capital | Boost Price Target | Buy | C$14.00 -> C$15.50 | |
| 2/22/2016 | FirstEnergy Corporation | Boost Price Target | | C$12.50 -> C$13.00 | |
| 2/9/2016 | Credit Suisse Group | Boost Price Target | | C$10.75 -> C$11.00 | |
(Data available from 9/22/2015 forward)
Earnings History for Parex Resources (TSE:PXT)Earnings History by Quarter for Parex Resources (TSE PXT)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/9/2017 | | | | | | | | |
| 8/5/2014 | | C$0.14 | C$0.24 | C$179.16 million | C$199.82 million | View | N/A | |
| 5/12/2014 | | C$0.10 | C$0.21 | C$176.28 million | C$195.88 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Parex Resources (TSE:PXT)2017 EPS Consensus Estimate: $1.44
2018 EPS Consensus Estimate: $1.77
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.44 | $0.44 | $0.44 |
| Q2 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q3 2017 | 1 | $0.30 | $0.30 | $0.30 |
| Q4 2017 | 1 | $0.35 | $0.35 | $0.35 |
| Q1 2018 | 1 | $0.41 | $0.41 | $0.41 |
| Q2 2018 | 1 | $0.43 | $0.43 | $0.43 |
| Q3 2018 | 1 | $0.46 | $0.46 | $0.46 |
| Q4 2018 | 1 | $0.47 | $0.47 | $0.47 |
(Data provided by Zacks Investment Research)
Dividend History for Parex Resources (TSE:PXT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Parex Resources (TSE:PXT)Insider Trades by Quarter for Parex Resources (TSE:PXT)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/17/2017 | Carmen Sylvain | Director | Buy | 374 | C$13.31 | C$4,977.94 | |
| 8/16/2017 | Eric Furlan | Insider | Buy | 3,000 | C$13.25 | C$39,750.00 | |
| 8/11/2017 | Michael Kruchten | Insider | Buy | 800 | C$13.75 | C$11,000.00 | |
| 4/18/2017 | David Robert Taylor | Insider | Sell | 10,000 | C$17.60 | C$176,000.00 | |
| 4/13/2017 | Ronald Douglas Miller | Director | Sell | 43,945 | C$18.00 | C$791,010.00 | |
| 4/12/2017 | David Robert Taylor | Insider | Sell | 100,000 | C$17.99 | C$1,799,000.00 | |
| 4/12/2017 | Ronald Douglas Miller | Director | Sell | 90,000 | C$17.98 | C$1,618,200.00 | |
| 4/11/2017 | David Robert Taylor | Insider | Sell | 6,300 | C$17.90 | C$112,770.00 | |
| 4/5/2017 | Paul David Wright | Director | Sell | 10,000 | C$17.53 | C$175,300.00 | |
| 3/23/2017 | John Frederick Bechtold | Director | Sell | 10,000 | C$15.40 | C$154,000.00 | |
| 3/20/2017 | Curtis Darrell Bartlett | Director | Sell | 16,834 | C$16.10 | C$271,027.40 | |
| 3/15/2017 | Kenneth George Pinsky | Insider | Sell | 15,000 | C$16.35 | C$245,250.00 | |
| 3/15/2017 | Ronald Douglas Miller | Director | Sell | 4,700 | C$16.00 | C$75,200.00 | |
| 3/14/2017 | John Frederick Bechtold | Director | Sell | 6,834 | C$15.23 | C$104,081.82 | |
| 3/13/2017 | Ronald Douglas Miller | Director | Sell | 12,300 | C$16.00 | C$196,800.00 | |
| 2/13/2017 | John Frederick Bechtold | Director | Sell | 6,600 | C$16.60 | C$109,560.00 | |
| 2/10/2017 | David Robert Taylor | Insider | Sell | 12,000 | C$16.65 | C$199,800.00 | |
| 1/30/2017 | Glenn Mcnamara | Director | Buy | 4,780 | C$15.79 | C$75,476.20 | |
| 1/20/2017 | John Frederick Bechtold | Director | Sell | 10,000 | C$15.02 | C$150,200.00 | |
| 6/8/2016 | Ronald Douglas Miller | Director | Sell | 4,000 | C$13.50 | C$54,000.00 | |
| 6/7/2016 | John Frederick Bechtold | Director | Sell | 10,000 | C$14.14 | C$141,400.00 | |
| 6/6/2016 | Ronald Douglas Miller | Director | Sell | 9,700 | C$13.50 | C$130,950.00 | |
| 3/22/2016 | David Robert Taylor | Insider | Sell | 60,000 | C$11.85 | C$711,000.00 | |
| 3/21/2016 | Wayne Kim Foo | Insider | Sell | 100,000 | C$11.44 | C$1,144,440.00 | |
| 12/16/2015 | Robert John Engbloom | Director | Sell | 26,833 | C$9.95 | C$266,988.35 | |
| 11/25/2015 | Ronald Douglas Miller | Director | Sell | 18,500 | C$10.90 | C$201,572.30 | |
| 11/24/2015 | Ronald Douglas Miller | Director | Sell | 15,000 | C$10.83 | C$162,408.00 | |
| 11/23/2015 | Paul David Wright | Director | Sell | 6,600 | C$10.73 | C$70,785.00 | |
| 11/20/2015 | Paul David Wright | Director | Sell | 5,000 | C$10.70 | C$53,500.00 | |
| 11/19/2015 | Wayne Kim Foo | Insider | Sell | 5,100 | C$10.55 | C$53,805.00 | |
| 11/18/2015 | Paul David Wright | Director | Sell | 3,400 | C$10.75 | C$36,550.00 | |
| 11/18/2015 | Wayne Kim Foo | Insider | Sell | 5,000 | C$10.65 | C$53,250.00 | |
| 11/11/2015 | Curtis Darrell Bartlett | Director | Sell | 33,666 | C$10.55 | C$355,260.47 | |
| 10/9/2015 | Barry Larson | Insider | Sell | 50,000 | C$10.75 | C$537,500.00 | |
| 10/8/2015 | Kenneth George Pinsky | Insider | Sell | 30,000 | C$10.70 | C$321,000.00 | |
| 6/17/2015 | Barry Larson | Insider | Sell | 18,900 | C$11.00 | C$207,900.00 | |
| 6/16/2015 | Barry Larson | Insider | Sell | 1,100 | C$11.00 | C$12,100.00 | |
| 5/15/2015 | Barry Larson | Insider | Sell | 35,000 | C$10.00 | C$350,000.00 | |
| 12/15/2014 | Ronald Douglas Miller | Director | Buy | 3,500 | C$6.38 | C$22,330.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Parex Resources (TSE:PXT)
Latest Headlines for Parex Resources (TSE:PXT)
| Source: |
|
| Date | Headline |
|---|
 | Parex Resources, Inc. – Value Analysis (TORONTO:PXT) : September 19, 2017
finance.yahoo.com - September 19 at 6:52 AM |
| Parex 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 |
| Parex Resources Announces Approval of Normal Course Issuer Bid
finance.yahoo.com - September 12 at 8:56 AM |
 | Cormark Analysts Cut Earnings Estimates for Parex Resources Inc. (PXT)
www.americanbankingnews.com - September 7 at 8:08 AM |
| Today'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 |
| Parex Resources Inc. (PXT) Insider Eric Furlan Buys 3,000 Shares
www.americanbankingnews.com - August 18 at 1:22 PM |
| Parex Resources, Inc. :PXT-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 15, 2017
finance.yahoo.com - August 16 at 7:00 AM |
| Parex Resources Inc. (PXT) Insider Purchases C$11,000.00 in Stock
www.americanbankingnews.com - August 14 at 4:50 PM |
| FY2017 EPS Estimates for Parex Resources Inc. Cut by Cormark (PXT)
www.americanbankingnews.com - August 14 at 4:24 AM |
| Cormark Weighs in on Parex Resources Inc.'s Q4 2018 Earnings (PXT)
www.americanbankingnews.com - August 11 at 4:28 PM |
| Q3 2017 Earnings Forecast for Parex Resources Inc. (TSE:PXT) Issued By Cormark
www.americanbankingnews.com - August 11 at 11:40 AM |
| Edited Transcript of PXT.TO earnings conference call or presentation 10-Aug-17 2:30pm GMT
finance.yahoo.com - August 11 at 7:53 AM |
| Parex Announces 2017 Second Quarter Results
finance.yahoo.com - August 10 at 7:09 AM |
| Parex Resources, Inc. :PXT-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 7:21 AM |
| Parex 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 |
| Parex Resources Inc. (TSE:PXT) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 2 at 8:16 AM |
| Parex Resources Inc. (TSE:PXT) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 10:56 AM |
| Parex 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 |
| Parex 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 |
| Parex Resources Inc. (PXT) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 26 at 10:15 AM |
| ETFs with exposure to Parex Resources, Inc. : June 15, 2017
finance.yahoo.com - June 16 at 9:13 AM |
| Research Analysts Offer Predictions for Parex Resources Inc.'s Q2 2017 Earnings (PXT)
www.americanbankingnews.com - June 15 at 7:42 AM |
| Parex Resources Inc. (PXT) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 30 at 8:47 AM |
| Parex 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 |
| Parex Resources Inc. to Post Q2 2018 Earnings of $0.56 Per Share, Cormark Forecasts (PXT)
www.americanbankingnews.com - May 15 at 9:12 AM |
| Parex Resources Inc. (PXT) Price Target Raised to C$22.00
www.americanbankingnews.com - May 12 at 2:54 PM |
| Parex Resources Announces 2017 First Quarter Results
finance.yahoo.com - May 10 at 7:37 PM |
| Parex Resources Inc. (PXT) Receives C$20.50 Consensus PT from Brokerages
www.americanbankingnews.com - May 8 at 11:52 PM |
| Parex Resources Inc. (PXT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 5 at 11:56 AM |
| Parex Resources, Inc. – Value Analysis (TORONTO:PXT) : May 4, 2017
finance.yahoo.com - May 4 at 7:37 PM |
| Parex 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 |
| Parex Resources Inc. (PXT) Price Target Raised to C$21.50
www.americanbankingnews.com - April 26 at 3:10 PM |
| Parex Resources Inc. (PXT) Insider David Robert Taylor Sells 10,000 Shares
www.americanbankingnews.com - April 19 at 4:53 PM |
| Insider Selling: Parex Resources Inc. (PXT) Director Sells 43,945 Shares of Stock
www.americanbankingnews.com - April 17 at 7:57 PM |
| Scotiabank Increases Parex Resources Inc. (PXT) Price Target to C$24.00
www.americanbankingnews.com - April 14 at 7:04 AM |
| Parex Resources Inc. (PXT) Insider Sells C$112,770.00 in Stock
www.americanbankingnews.com - April 13 at 10:59 PM |
| Parex Resources Inc. (PXT) Director Ronald Douglas Miller Sells 90,000 Shares
www.americanbankingnews.com - April 13 at 7:52 PM |
| Parex Resources Inc. (PXT) Insider David Robert Taylor Sells 100,000 Shares
www.americanbankingnews.com - April 13 at 7:52 PM |
| Parex Resources Inc. (PXT) PT Raised to C$24.00
www.americanbankingnews.com - April 10 at 3:17 PM |
| Parex Resources Inc. (PXT) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - April 10 at 12:40 PM |
| Parex Operational Update: Cabrestero Drilling Success Driving Production Growth
finance.yahoo.com - April 7 at 12:07 PM |
| Insider Selling: Parex Resources Inc. (PXT) Director Sells 10,000 Shares of Stock
www.americanbankingnews.com - April 6 at 5:01 PM |
| Cormark Equities Analysts Decrease Earnings Estimates for Parex Resources Inc. (PXT)
www.americanbankingnews.com - March 31 at 12:52 PM |
| Equities Analysts Offer Predictions for Parex Resources Inc.'s Q4 2018 Earnings (PXT)
www.americanbankingnews.com - March 30 at 1:01 PM |
| Parex Resources Inc. (PXT) Receives "Focus Stock" Rating from Scotiabank
www.americanbankingnews.com - March 29 at 2:13 PM |
 | Ducks, sneakers and mass arrests: Why are Russians protesting? - CNN
www.cnn.com - March 27 at 3:16 PM |
 | United Airlines Leggings Incident Shows Changing Nature of Air Travel - NBCNews.com
www.nbcnews.com - March 27 at 3:16 PM |
 | TrumpCare? RyanCare? How about don't care - Fox News
www.foxnews.com - March 27 at 3:16 PM |
| Curtis Darrell Bartlett Sells 16,834 Shares of Parex Resources Inc. (PXT) Stock
www.americanbankingnews.com - March 21 at 7:37 PM |
| Parex 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 |
Parex Resources (PXT) Chart for Friday, September, 22, 2017
