TSE:PXT Parex Resources Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Parex Resources Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$14.68 -0.23 (-1.54 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's RangeC$14.48Now: C$14.68▼C$15.0150-Day RangeC$14.76MA: C$17.44▼C$19.2952-Week RangeC$9.22Now: C$14.68▼C$25.11Volume333,301 shsAverage Volume677,862 shsMarket CapitalizationC$2.03 billionP/E Ratio13.18Dividend YieldN/ABetaN/A ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 2,037,753 gross acres. As of December 31, 2018, it had proved plus probable reserves of 184.674 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingParex Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$25.30, Parex Resources has a forecasted upside of 72.3% from its current price of C$14.68.Amount of Analyst CoverageParex Resources has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesParex Resources has received 394 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParex Resources has received 350 “underperform” votes. (Add your “underperform” vote.)Community SentimentParex Resources has received 52.96% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Parex Resources and other stocks. Vote “Outperform” if you believe PXT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PXT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldParex Resources does not currently pay a dividend.Dividend GrowthParex Resources does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Parex Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$856,327.00 in company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Parex Resources is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Parex Resources is 13.18, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.58.Price to Earnings Growth RatioParex Resources has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioParex Resources has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.47 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:PXT Previous Symbol CUSIPN/A CIKN/A Webwww.parexresources.com Phone+1-403-2654800Debt Debt-to-Equity Ratio0.09 Current Ratio4.57 Quick Ratio4.44Price-To-Earnings Trailing P/E Ratio13.18 Forward P/E Ratio10.34 P/E Growth2.34 Sales & Book Value Annual SalesC$740.25 million Price / Sales2.75 Cash FlowC$2.35 per share Price / Cash Flow6.24 Book ValueC$9.78 per share Price / Book1.50Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares138,467,000Market CapC$2.03 billion Next Earnings Date11/4/2020 (Estimated) OptionableNot Optionable C$14.68 -0.23 (-1.54 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PXT News and Ratings via Email Sign-up to receive the latest news and ratings for PXT and its competitors with MarketBeat's FREE daily newsletter. Parex Resources (TSE:PXT) Frequently Asked Questions How has Parex Resources' stock price been impacted by Coronavirus (COVID-19)? Parex Resources' stock was trading at C$13.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PXT shares have increased by 5.2% and is now trading at C$14.68. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Parex Resources? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Parex Resources in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Parex Resources. When is Parex Resources' next earnings date? Parex Resources is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Parex Resources. How were Parex Resources' earnings last quarter? Parex Resources Inc (TSE:PXT) released its earnings results on Wednesday, August, 5th. The company reported $0.19 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.22. The company had revenue of $111.49 million for the quarter. View Parex Resources' earnings history. What price target have analysts set for PXT? 3 equities research analysts have issued 1 year price targets for Parex Resources' shares. Their forecasts range from C$22.00 to C$30.50. On average, they anticipate Parex Resources' share price to reach C$25.30 in the next twelve months. This suggests a possible upside of 72.3% from the stock's current price. View analysts' price targets for Parex Resources. Who are some of Parex Resources' key competitors? Some companies that are related to Parex Resources include First Quantum Minerals (FM), Polymetal International (POLY), BRP (DOO), Ivanhoe Mines (IVN), South32 (S32), Cameco (CCO), Coro Mining (COP), Pretium Resources (PVG), Lundin Gold (LUG), KAZ Minerals (KAZ), ARC Resources (ARX), Superior Plus (SPB), Semafo (SMF), Silvercrest Metals (SIL) and Champion Iron (CIA). View all competitors. What other stocks do shareholders of Parex Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Parex Resources investors own include Air Canada (AC), Whitecap Resources (WCP), Bank of America (BAC), Cenovus Energy (CVE), Enbridge (ENB), Gran Tierra Energy (GTE), Vermilion Energy (VET), Baytex Energy (BTE), Canadian Natural Resources (CNQ) and Intelsat (I). Who are Parex Resources' key executives? Parex Resources' management team includes the following people: Mr. David R. Taylor, Pres, CEO & Director (Age 63)Mr. Kenneth G. Pinsky, CFO & Corp. Sec. (Age 56)Mr. Eric Furlan, Chief Operating OfficerMr. Leo N. DiStefano, Pres of Parex ColombiaMr. Michael Kruchten, Sr. VP of Capital Markets & Corp. Planning What is Parex Resources' stock symbol? Parex Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PXT." How do I buy shares of Parex Resources? Shares of PXT 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 PXT stock can currently be purchased for approximately C$14.68. How big of a company is Parex Resources? Parex Resources has a market capitalization of C$2.03 billion and generates C$740.25 million in revenue each year. What is Parex Resources' official website? The official website for Parex Resources is www.parexresources.com. How can I contact Parex Resources? Parex Resources' mailing address is West Tower, 585 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The company can be reached via phone at +1-403-2654800. This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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