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TSE:PXTParex Resources Stock Price, Forecast & News

C$17.27
+1.38 (+8.68 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
C$16.45
Now: C$17.27
C$17.80
50-Day Range
C$12.73
MA: C$14.75
C$16.85
52-Week Range
C$9.22
Now: C$17.27
C$25.11
Volume603,585 shs
Average Volume824,225 shs
Market CapitalizationC$2.41 billion
P/E Ratio10.42
Dividend YieldN/A
BetaN/A
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.
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Beat the Market (BTM) Rank

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

Industry Industrial Metals & Minerals
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-403-2654800

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$931.63 million
Cash FlowC$3.00 per share
Book ValueC$9.66 per share

Profitability

Miscellaneous

EmployeesN/A
Market CapC$2.41 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableNot Optionable

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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?

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 Officer
  • Mr. Leo N. DiStefano, Pres of Parex Colombia
  • Mr. 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

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