How to buy Parex Resources stock in Canada

Parex Resources is an oil & gas e&p business based in Canada. Parex Resources shares (PXT) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$13.51 – a decrease of 1.75% over the previous week. Parex Resources employs 449 staff and has a trailing 12-month revenue of around C$1.2 billion.

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Parex Resources stock price (Toronto Stock Exchange (TSX): PXT)

Use our graph to track the performance of PXT stocks over time.

Parex Resources stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	C$13.51
52-week range	C$10.71 - C$23.50
50-day moving average more info button	C$13.92
200-day moving average more info button	C$18.36
Wall St. target price	C$16.50
PE ratio more info button	3.6198
Dividend yield more info button	C$1.152 (11.72%)
Earnings per share (TTM) more info button	C$3.63

Is it a good time to buy Parex Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

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Parex Resources price performance over time

Historical closes compared with the close of C$13.34 from 2024-12-19

1 week (2024-12-13)	-2.98%
1 month (2024-11-21)	-11.24%
3 months (2024-09-20)	11.07%
6 months (2024-06-21)	-37.81%

1 year (2023-12-21)	-47.44%
2 years (2022-12-21)	-18.19%
3 years (2021-12-21)	17.5229
5 years (2019-12-20)	18.5466

Is Parex Resources stock undervalued or overvalued?

Valuing Parex Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Parex Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Parex Resources's P/E ratio

Parex Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Parex Resources shares trade at around 4x recent earnings.

Parex Resources's PEG ratio

Parex Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.96. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Parex Resources's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Parex Resources's EBITDA

Parex Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$757.6 million.

The EBITDA is a measure of a Parex Resources's overall financial performance and is widely used to measure a its profitability.

Parex Resources financials

Revenue TTM	C$1.2 billion
Operating margin TTM	44.95%
Gross profit TTM	C$1.1 billion
Return on assets TTM	13.71%
Return on equity TTM	13.81%
Profit margin	22.78%
Book value	C$19.43
Market Capitalization more info button	C$1.3 billion
EBITDA more info button	C$757.6 million

TTM: trailing 12 months

Parex Resources stock dividends

Dividend payout ratio: 55.36% of net profits

Recently Parex Resources has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Parex Resources shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Parex Resources's case, that would currently equate to about C$1.152 per share.

Parex Resources's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Parex Resources's most recent dividend payout was on 15 December 2024. The latest dividend was paid out to all shareholders who bought their stocks by 8 December 2024 (the "ex-dividend date").

Have Parex Resources's stocks ever split?

Parex Resources's stocks were split on a 1:10 basis on 6 August 2007 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Parex Resources stocks – just the quantity. However, indirectly, the new 900% higher stock price could have impacted the market appetite for Parex Resources stocks, which in turn could have impacted Parex Resources's stock price.

Parex Resources stock price volatility

Over the last 12 months, Parex Resources's stocks have ranged in value from as little as C$10.7053 up to C$23.4958. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Parex Resources's is 1.413. This would suggest that Parex Resources's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Parex Resources overview

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. The company was incorporated in 2009 and is headquartered in Calgary, Canada..

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Frequently asked questions

What percentage of Parex Resources is owned by insiders or institutions?
Currently 1.679% of Parex Resources stocks are held by insiders and 55.49% by institutions. How many people work for Parex Resources?
Latest data suggests 449 work at Parex Resources. When does the fiscal year end for Parex Resources?
Parex Resources's fiscal year ends in December. Where is Parex Resources based?
Parex Resources's address is: West Tower, Calgary, AB, Canada, T2P 1G1 What is Parex Resources's ISIN number?
Parex Resources's international securities identification number is: CA69946Q1046

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