How to buy Parex Resources stock (PARXF)

Parex Resources is an oil & gas e&p business based in the US. Parex Resources shares (PARXF) are listed on the PINK and all prices are listed in US Dollars. Its last market close was $9.10 – a decrease of 4.31% over the previous week. Parex Resources employs 449 staff and has a trailing 12-month revenue of around $1.2 billion.

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Parex Resources stock price (PINK: PARXF)

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

Parex Resources shares at a glance

• Key figures

Information last updated 2024-12-11.

Latest market close	$9.10
52-week range	$8.18 - $18.32
50-day moving average more info button	$9.95
200-day moving average more info button	$13.53
Wall St. target price	N/A
PE ratio more info button	3.6811
Dividend yield more info button	$1.152 (11.62%)
Earnings per share (TTM) more info button	$2.54

Parex Resources price performance over time

Historical closes compared with the close of $9.44 from 2024-12-17

1 week (2024-12-12)	-0.74%
1 month (2024-11-19)	-11.94%
3 months (2024-09-19)	5.47%
6 months (2024-06-18)	-39.23%

1 year (2023-12-19)	-47.90%
2 years (2022-12-19)	-18.93%
3 years (2021-12-17)	13.5159
5 years (2019-12-19)	14.5306

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 EBITDA

Parex Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $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	$1.2 billion
Operating margin TTM	44.95%
Gross profit TTM	$1.1 billion
Return on assets TTM	13.71%
Return on equity TTM	13.81%
Profit margin	22.78%
Book value	$19.43
Market Capitalization more info button	$927.7 million

TTM: trailing 12 months

Parex Resources share dividends

Dividend payout ratio: 43.9% of net profits

Recently Parex Resources has paid out, on average, around 0% 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 $1.152 per share.

While Parex Resources's payout ratio might seem fairly standard, it's worth remembering that Parex Resources may be investing much of the rest of its net profits in 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 shares by 8 December 2024 (the "ex-dividend date").

Parex Resources share price volatility

Over the last 12 months, Parex Resources's shares have ranged in value from as little as $8.1836 up to $18.3151. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (PINK average) beta is 1, while Parex Resources's is 1.413. This would suggest that Parex Resources's shares 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. .

Frequently asked questions

What percentage of Parex Resources is owned by insiders or institutions?
Currently 1.666% of Parex Resources shares are held by insiders and 55.374% 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