Parex Resources Company Profile (TSE:PXT)

About Parex Resources

Parex Resources logoParex Resources Inc. is a Colombian focused, 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 multiple blocks over 2.63 million gross acres land position in the prolific Llanos Basin and the Magdalena Basins of Colombia. Parex' growth has been self-funded and focused on cost-effectiveness so as to maintain balance sheet strength. 2015 annual daily production is estimated to average 27,400 bopd and the Company ended 2014 with over 68 million barrels in Proved Plus Probable Reserves.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: PXT
  • CUSIP:
Key Metrics:
  • Previous Close: $16.03
  • 50 Day Moving Average: $15.59
  • 200 Day Moving Average: $13.28
  • 52-Week Range: C$7.74 - C$17.40
  • Trailing P/E Ratio: N/A
  • P/E Growth: -125.15
  • Market Cap: $2.42B
  • Outstanding Shares: 152,290,000
Additional Links:

Analyst Ratings

Consensus Ratings for Parex Resources (TSE:PXT) (?)
Ratings Breakdown: 1 Hold Rating, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.89)
Consensus Price Target: C$15.85

Analysts' Ratings History for Parex Resources (TSE:PXT)
DateFirmActionRatingPrice TargetDetails
9/9/2016FirstEnergy CapitalReiterated RatingOutperformView Rating Details
9/9/2016Canaccord GenuityBoost Price TargetBuyC$17.00 -> C$20.00View Rating Details
8/23/2016Haywood SecuritiesBoost Price TargetBuyC$18.00 -> C$21.00View Rating Details
8/12/2016CIBCBoost Price TargetC$15.00 -> C$17.50View Rating Details
8/11/2016TD SecuritiesReiterated RatingHoldC$12.50View Rating Details
8/11/2016ScotiabankReiterated RatingOutperformC$16.00View Rating Details
8/11/2016MackieBoost Price TargetHold -> BuyC$16.00 -> C$16.75View 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
5/13/2016Royal Bank Of CanadaBoost Price TargetOutperformC$13.00 -> C$16.00View Rating Details
2/22/2016FirstEnergy Corp.Boost Price TargetC$12.50 -> C$13.00View Rating Details
2/9/2016Credit Suisse Group AGBoost Price TargetC$10.75 -> C$11.00View Rating Details
1/28/2016CSFBLower Price TargetC$11.25 -> C$10.75View Rating Details
(Data available from 9/27/2014 forward)


Earnings History for Parex Resources (TSE:PXT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2014$0.14$0.24ViewN/AView Earnings Details
5/14/2014$0.10$0.21ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Parex Resources (TSE:PXT)
Current Year EPS Consensus Estimate: $-0.01 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.46)($0.46)($0.46)
Q2 20161$0.01$0.01$0.01
Q3 20161$0.05$0.05$0.05
Q4 20161$0.09$0.09$0.09
(Data provided by Zacks Investment Research)


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

Insider Trades

Insider Trading History for Parex Resources (TSE:PXT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Parex Resources (TSE:PXT)
DateHeadline logoTransAlta, Parex at 52-Week Highs (TSE:PXT) - September 9 at 11:41 AM logoETF’s with exposure to Parex Resources, Inc. : September 9, 2016 (TSE:PXT) - September 9 at 11:41 AM logoParex Provides Operational Update & Upcoming Drilling Program (TSE:PXT) - September 8 at 6:39 PM logoETF’s with exposure to Parex Resources, Inc. : August 29, 2016 (TSE:PXT) - August 29 at 6:45 PM logoEdited Transcript of PXT.TO earnings conference call or presentation 11-Aug-16 3:30pm GMT (TSE:PXT) - August 19 at 9:58 AM logoETF’s with exposure to Parex Resources, Inc. : August 17, 2016 (TSE:PXT) - August 17 at 7:20 PM logoParex Resources, Inc. :PXT-CA: Earnings Analysis: Q2, 2016 By the Numbers : August 16, 2016 (TSE:PXT) - August 16 at 7:07 PM logoParex Announces 2016 Second Quarter Results and Expanded Drilling Program (TSE:PXT) - August 10 at 7:29 PM logoNew Market Research Report: Parex Resources Inc. (PXT) - Financial and Strategic SWOT Analysis Review (TSE:PXT) - August 4 at 7:29 PM logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : July 25, 2016 (TSE:PXT) - July 25 at 8:42 AM logoParex Resources, Inc. breached its 50 day moving average in a Bullish Manner : PXT-CA : July 12, 2016 (TSE:PXT) - July 12 at 9:02 AM logoParex Provides Operational Update Highlighted by Jacana Field Extension (TSE:PXT) - July 7 at 4:45 PM logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : June 27, 2016 (TSE:PXT) - June 27 at 11:34 AM logoParex Resources, Inc. – Value Analysis (TORONTO:PXT) : June 17, 2016 (TSE:PXT) - June 17 at 12:18 PM logoParex Resources, Inc. breached its 50 day moving average in a Bearish Manner : PXT-CA : June 16, 2016 (TSE:PXT) - June 16 at 8:23 AM logoETF’s with exposure to Parex Resources, Inc. : June 7, 2016 (TSE:PXT) - June 7 at 5:45 PM logoAs the tides begin to turn in 2016, it's time to zero in on the mid-cap sweetspot - Financial Post (TSE:PXT) - May 30 at 7:00 PM
News IconStock Analysts' Price Target Changes for April, 14th (CCA, CGX, CJR.B, CUM, DOO, DPM, GTE, IAE, LUC, NXE) - Washington News Wire (TSE:PXT) - April 15 at 3:02 PM
News IconParex Resources Inc. (PXT) Price Target Raised to C$13.50 - Washington News Wire (TSE:PXT) - April 15 at 3:02 PM
News IconParex Resources Inc. on Focus After Gap Up In Today's Session - (TSE:PXT) - March 19 at 2:22 PM
News IconHow Many Parex Resources Inc. (TSE:PXT)'s Analysts Are Bullish? - Business Standard Tribune (TSE:PXT) - March 6 at 2:33 PM
News IconAre Analysts Bearish Parex Resources Inc. (TSE:PXT) After Last Week? - Franklin Independent (TSE:PXT) - February 28 at 2:04 PM logoParex Resources Grows Year-End 2015 Reserves by 19% YoY (TSE:PXT) - (TSE:PXT) - February 9 at 12:44 PM logoParex Resources Grows Year-End 2015 Reserves by 19% YoY (TSE:PXT) (TSE:PXT) - February 9 at 12:44 PM


Parex Resources (TSE:PXT) Chart for Tuesday, September, 27, 2016

Last Updated on 9/27/2016 by Staff