TSE:PXTParex Resources Stock Price, Forecast & 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$17.27 +1.38 (+8.68 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's RangeC$16.45Now: C$17.27▼C$17.8050-Day RangeC$12.73MA: C$14.75▼C$16.8552-Week RangeC$9.22Now: C$17.27▼C$25.11Volume603,585 shsAverage Volume824,225 shsMarket CapitalizationC$2.41 billionP/E Ratio10.42Dividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider 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™ 3.7 Analyst's Opinion Consensus RatingParex Resources has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$29.00, Parex Resources has a potential upside of 67.9% from its current price of C$17.27.Amount of Analyst CoverageParex Resources has only been the subject of 2 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesParex Resources has received 394 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParex Resources has received 346 “underperform” votes. (Add your “underperform” vote.)Community SentimentParex Resources has received 53.24% “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$135,186.00 in company stock. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Parex Resources are expected to decrease by -100.00% in the coming year, from C$0.80 to C$0.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Parex Resources is 10.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Parex Resources is 10.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.18.Price to Earnings Growth RatioParex Resources has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioParex Resources has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.7Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.77 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 Ratio0.11 Current Ratio2.88 Quick Ratio2.78Price-To-Earnings Trailing P/E Ratio10.42 Forward P/E Ratio21.59 P/E Growth0.47 Sales & Book Value Annual SalesC$931.63 million Price / Sales2.59 Cash FlowC$3.00 per share Price / Cash Flow5.75 Book ValueC$9.66 per share Price / Book1.79Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous EmployeesN/A Outstanding Shares139,801,000Market CapC$2.41 billion Next Earnings Date8/6/2020 (Estimated) OptionableNot Optionable TSX:PXT Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Parex Resources' stock was trading at C$13.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PXT shares have increased by 23.7% and is now trading at C$17.27. View which stocks have been most impacted by Coronavirus. 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 2 buy ratings and 1 strong buy rating 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 Thursday, August 6th 2020. View our earnings forecast for Parex Resources. How were Parex Resources' earnings last quarter? Parex Resources Inc (TSE:PXT) posted its quarterly earnings results on Tuesday, March, 10th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.61 by $0.20. The firm earned $382.22 million during the quarter. View Parex Resources' earnings history. What price target have analysts set for PXT? 3 equities research analysts have issued twelve-month price targets for Parex Resources' stock. Their forecasts range from C$21.00 to C$35.00. On average, they anticipate Parex Resources' share price to reach C$29.00 in the next year. This suggests a possible upside of 67.9% from the stock's current price. View analysts' price targets for Parex Resources. Has Parex Resources been receiving favorable news coverage? News coverage about PXT stock has been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Parex Resources earned a daily sentiment score of -2.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutParex Resources. Who are some of Parex Resources' key competitors? Some companies that are related to Parex Resources include Teck Resources (TECK.B), Polymetal International (POLY), First Quantum Minerals (FM), South32 (S32), Fresnillo (FRES), Cameco (CCO), BRP (DOO), Ivanhoe Mines (IVN), Mineral Resources (MIN), Iluka Resources (ILU), Independence Group (IGO), Lundin Gold (LUG), Coro Mining (COP), KAZ Minerals (KAZ) and Pretium Resources (PVG). 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), Bank of America (BAC), Gran Tierra Energy (GTE), Whitecap Resources (WCP), Baytex Energy (BTE), Cenovus Energy (CVE), Intelsat (I), Vermilion Energy (VET), ARC Resources (ARX) and Alimentation Couche-Tard (ATD.B). 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$17.27. How big of a company is Parex Resources? Parex Resources has a market capitalization of C$2.41 billion and generates C$931.63 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 6/6/2020 by MarketBeat.com Staff
