How to buy Parex Resources stock in Canada

Learn how to buy Parex Resources stock in 6 easy steps.

Parex Resources is an oil & gas e&p business based in Canada. Parex Resources shares (PXT.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Its last market close was C$12.95 – a decrease of 0.61% over the previous day. Parex Resources employs 449 staff and has a trailing 12-month revenue of around C$1.2 billion.

How to buy shares in Parex Resources

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. PXT in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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Is it a good time to buy Parex Resources stock?

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Parex Resources's price performance, share price volatility, historical data and technicals.

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

Historical closes compared with the last close of C$12.95

1 week (2024-11-12)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-0.92%
1 month (2024-10-19)<svg class="luna-icon luna-icon--success"><use xlink:href="#arrow-up"></use></svg>7.92%
3 months (2024-08-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-35.58%
6 months (2024-05-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-43.99%
1 year (2023-11-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-43.51%
2 years (2022-11-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-29.95%
3 years (2021-11-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-39.29%
5 years (2019-11-19)<svg class="luna-icon luna-icon--error"><use xlink:href="#arrow-down"></use></svg>-19.00%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Parex Resources under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Parex Resources P/E ratio, PEG ratio and EBITDA.

Parex Resources's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 3x. In other words, Parex Resources's stocks trade at around 3x recent earnings.

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 PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

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 (earnings before interest, taxes, depreciation and amortisation) is C$812.7 million.

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

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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