Parex Resources Future Growth

Future criteria checks 0/6

Parex Resources is forecast to grow revenue at 0.5% per annum. EPS is expected to decline by 1.6% per annum.

Key information

n/a

Earnings growth rate

-1.6%

EPS growth rate

Oil and Gas earnings growth	7.6%
Revenue growth rate	0.5%
Future return on equity	n/a
Analyst coverage	Low
Last updated	09 May 2024

Recent future growth updates

Recent updates

The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet

Jan 28

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Jan 10

Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital

Nov 28

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Oct 05

Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate

Sep 20

Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean

Aug 26

Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts

Aug 04

If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity

Jun 04

Here's Why We Think Parex Resources (TSE:PXT) Might Deserve Your Attention Today

Oct 07

The Trend Of High Returns At Parex Resources (TSE:PXT) Has Us Very Interested

Sep 22

Investors Should Be Encouraged By Parex Resources' (TSE:PXT) Returns On Capital

May 10

Calculating The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)

Jan 28

Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

Dec 21

A Look At The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)

Oct 29

Under The Bonnet, Parex Resources' (TSE:PXT) Returns Look Impressive

Sep 06

Earnings and Revenue Growth Forecasts

TSX:PXT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,257	N/A	N/A	558	1
12/31/2025	1,384	N/A	234	652	2
12/31/2024	1,527	N/A	230	644	1
3/31/2024	1,182	415	-112	343	N/A
12/31/2023	1,170	459	-107	376	N/A
9/30/2023	1,172	575	-60	480	N/A
6/30/2023	1,181	521	133	643	N/A
3/31/2023	1,252	563	409	924	N/A
12/31/2022	1,311	611	471	984	N/A
9/30/2022	1,260	457	383	862	N/A
6/30/2022	1,168	460	305	730	N/A
3/31/2022	1,034	408	253	597	N/A
12/31/2021	900	303	262	534	N/A
9/30/2021	793	263	240	445	N/A
6/30/2021	696	223	248	397	N/A
3/31/2021	557	151	153	263	N/A
12/31/2020	532	99	149	290	N/A
9/30/2020	631	130	134	287	N/A
6/30/2020	740	160	178	361	N/A
3/31/2020	932	242	180	407	N/A
12/31/2019	978	328	157	365	N/A
9/30/2019	957	295	268	495	N/A
6/30/2019	927	326	224	469	N/A
3/31/2019	874	413	235	532	N/A
12/31/2018	833	403	229	532	N/A
9/30/2018	761	405	133	419	N/A
6/30/2018	672	372	80	351	N/A
3/31/2018	574	186	115	344	N/A
12/31/2017	514	155	N/A	285	N/A
9/30/2017	475	54	N/A	267	N/A
6/30/2017	470	5	N/A	272	N/A
3/31/2017	453	1	N/A	205	N/A
12/31/2016	411	-46	N/A	154	N/A
9/30/2016	390	-4	N/A	79	N/A
6/30/2016	386	-39	N/A	119	N/A
3/31/2016	434	-37	N/A	167	N/A
12/31/2015	483	-44	N/A	161	N/A
9/30/2015	526	-166	N/A	273	N/A
6/30/2015	616	-122	N/A	219	N/A
3/31/2015	630	-112	N/A	210	N/A
12/31/2014	661	-87	N/A	249	N/A
9/30/2014	665	101	N/A	153	N/A
6/30/2014	598	56	N/A	193	N/A
3/31/2014	567	52	N/A	196	N/A
12/31/2013	559	53	N/A	209	N/A
9/30/2013	551	-25	N/A	225	N/A
6/30/2013	537	10	N/A	217	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PXT's forecast earnings growth is above the savings rate (2.1%).

Earnings vs Market: Insufficient data to determine if PXT's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if PXT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PXT's revenue (0.5% per year) is forecast to grow slower than the Canadian market (7% per year).

High Growth Revenue: PXT's revenue (0.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if PXT's Return on Equity is forecast to be high in 3 years time

Parex Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Parex Resources Inc. Announces Resumption of Northern Llanos Operations

Parex Resources Inc. Provides Production Guidance for Year 2024 and Three-Year Outlook for 2024 Through 2026

Parex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2023

Parex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year Ended December 31, 2022 and Full Year 2023

Parex Resources Inc. Provides Production Guidance for Third Quarter 2022

Parex Resources Inc. Provides Production Guidance for the Third Quarter and Full Year of 2022

Recent updates

Parex Resources Inc. Approves Second Quarter 2024 Regular Dividend, Payable on June 17, 2024

Parex Resources Inc. to Report Q1, 2024 Results on May 08, 2024

Parex Resources Inc. Announces Resumption of Northern Llanos Operations

Parex Resources Inc., Annual General Meeting, May 09, 2024

Parex Resources Inc. to Report Q4, 2023 Results on Feb 29, 2024

New minor risk - Insider selling

The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet

Investor sentiment deteriorates as stock falls 15%

Parex Resources Inc. Provides Production Guidance for Year 2024 and Three-Year Outlook for 2024 Through 2026

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Upcoming dividend of CA$0.38 per share at 5.8% yield

Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital

Lead Independent Director recently sold CA$253k worth of stock

Parex Resources Inc. Approves Fourth Quarter Dividend 2023, to Be Paid on December 29, 2023

Third quarter 2023 earnings: Revenues miss analyst expectations

Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate

Upcoming dividend of CA$0.38 per share at 5.7% yield

Chief Operating Officer recently sold CA$1.5m worth of stock

Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean

Parex Resources Inc. Announces Appointment of Sanjay Bishnoi as Chief Financial Officer, Effective October 2, 2023

Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts

New major risk - Earnings quality

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Parex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year 2023

Parex Resources Inc. to Report Q2, 2023 Results on Aug 02, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of CA$0.38 per share at 5.2% yield

If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity

Parex Resources Inc. Announces Retirement of Ken Pinsky as Corporate Secretary Effective November 30, 2023

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

Is Parex Resources Inc. (TSE:PXT) Trading At A 30% Discount?

Full year 2022 earnings released: EPS: US$5.38 (vs US$2.42 in FY 2021)

Upcoming dividend of CA$0.38 per share at 6.5% yield

Parex Resources (TSE:PXT) Is Increasing Its Dividend To $0.375

Parex Resources Inc. Provides Production Guidance for the Fourth Quarter and Full Year Ended December 31, 2022 and Full Year 2023

With EPS Growth And More, Parex Resources (TSE:PXT) Makes An Interesting Case

CFO & Corporate Secretary exercised options and sold CA$354k worth of stock

Returns On Capital Are A Standout For Parex Resources (TSE:PXT)

Independent Director recently bought CA$91k worth of stock

Upcoming dividend of CA$0.25 per share

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings released

Parex Resources Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022

Chairman of the Board recently bought CA$158k worth of stock

Parex Resources Inc. Provides Production Guidance for Third Quarter 2022

Parex Resources Inc. to Report Q3, 2022 Results on Nov 04, 2022

Here's Why We Think Parex Resources (TSE:PXT) Might Deserve Your Attention Today

Investor sentiment improved over the past week

The Trend Of High Returns At Parex Resources (TSE:PXT) Has Us Very Interested

Upcoming dividend of CA$0.25 per share

President recently bought CA$55k worth of stock

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released: EPS: US$1.24 (vs US$0.72 in 2Q 2021)

Parex Resources Inc. Provides Production Guidance for the Third Quarter and Full Year of 2022

Parex Resources Inc. to Report Q2, 2022 Results on Aug 03, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of CA$0.25 per share

Insider recently bought CA$107k worth of stock

Insider exercised options and sold CA$543k worth of stock

First quarter 2022 earnings released: EPS: US$1.29 (vs US$0.37 in 1Q 2021)

Parex Resources Inc. Provides Production Guidance for the Second Quarter and Full Year of 2022

Investors Should Be Encouraged By Parex Resources' (TSE:PXT) Returns On Capital

Parex Resources Inc. to Report Q1, 2022 Results on May 11, 2022

Independent Director recently bought CA$120k worth of stock

CFO & Corporate Secretary exercised options and sold CA$521k worth of stock

Independent Director recently sold CA$168k worth of stock

Upcoming dividend of CA$0.14 per share