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Parex Resources TSX:PXT Stock Report

Last Price

CA$22.63

Market Cap

CA$2.4b

7D

-4.6%

1Y

-18.6%

Updated

22 May, 2024

Data

Company Financials +

Parex Resources Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Parex Resources
Historical stock prices
Current Share PriceCA$22.63
52 Week HighCA$30.06
52 Week LowCA$20.17
Beta1.56
1 Month Change-4.51%
3 Month Change7.00%
1 Year Change-18.57%
3 Year Change12.70%
5 Year Change8.59%
Change since IPO458.77%

Recent News & Updates

Recent updates

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

Jan 28
The Market Doesn't Like What It Sees From Parex Resources Inc.'s (TSE:PXT) Earnings Yet

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

Jan 10
Here's Why We Think Parex Resources (TSE:PXT) Is Well Worth Watching

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

Nov 28
Many Would Be Envious Of Parex Resources' (TSE:PXT) Excellent Returns On Capital

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

Oct 05
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

Sep 20
Parex Resources Inc. (TSE:PXT) Shares Could Be 23% Below Their Intrinsic Value Estimate

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

Aug 26
Here's What Parex Resources' (TSE:PXT) Strong Returns On Capital Mean

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

Aug 04
Newsflash: Parex Resources Inc. (TSE:PXT) Analysts Have Been Trimming Their Revenue Forecasts

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

Jun 04
If EPS Growth Is Important To You, Parex Resources (TSE:PXT) Presents An Opportunity

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

May 10
Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

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

Apr 06
Is Parex Resources Inc. (TSE:PXT) Trading At A 30% Discount?

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

Feb 09
Parex Resources (TSE:PXT) Is Increasing Its Dividend To $0.375

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

Jan 24
With EPS Growth And More, Parex Resources (TSE:PXT) Makes An Interesting Case

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

Jan 10
Returns On Capital Are A Standout For Parex Resources (TSE:PXT)

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

Oct 07
Here's Why We Think Parex Resources (TSE:PXT) Might Deserve Your Attention Today

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

Sep 22
The Trend Of High Returns At Parex Resources (TSE:PXT) Has Us Very Interested

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

May 10
Investors Should Be Encouraged By Parex Resources' (TSE:PXT) Returns On Capital

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

Jan 28
Calculating The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)

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

Dec 21
Returns on Capital Paint A Bright Future For Parex Resources (TSE:PXT)

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

Oct 29
A Look At The Intrinsic Value Of Parex Resources Inc. (TSE:PXT)

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

Sep 06
Under The Bonnet, Parex Resources' (TSE:PXT) Returns Look Impressive

Shareholder Returns

PXTCA Oil and GasCA Market
7D-4.6%1.8%1.2%
1Y-18.6%21.5%11.8%

Return vs Industry: PXT underperformed the Canadian Oil and Gas industry which returned 21.5% over the past year.

Return vs Market: PXT underperformed the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is PXT's price volatile compared to industry and market?
PXT volatility
PXT Average Weekly Movement3.4%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market2.9%

Stable Share Price: PXT has not had significant price volatility in the past 3 months.

Volatility Over Time: PXT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009449Imad Mohsenwww.parexresources.com

Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company’s principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1.

Parex Resources Inc. Fundamentals Summary

How do Parex Resources's earnings and revenue compare to its market cap?
PXT fundamental statistics
Market capCA$2.35b
Earnings (TTM)CA$568.18m
Revenue (TTM)CA$1.62b

4.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PXT income statement (TTM)
RevenueUS$1.18b
Cost of RevenueUS$298.28m
Gross ProfitUS$883.84m
Other ExpensesUS$468.82m
EarningsUS$415.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.06
Gross Margin74.77%
Net Profit Margin35.11%
Debt/Equity Ratio3.0%

How did PXT perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

29%

Payout Ratio

Does PXT pay a reliable dividends?

See PXT dividend history and benchmarks
When do you need to buy PXT by to receive an upcoming dividend?
Parex Resources dividend dates
Ex Dividend DateJun 10 2024
Dividend Pay DateJun 17 2024
Days until Ex dividend18 days
Days until Dividend pay date25 days

Does PXT pay a reliable dividends?

See PXT dividend history and benchmarks
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