How to buy Parex Resources stock - 19 April

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How to buy Parex Resources stock

Own Parex Resources stock in just a few minutes.

Parex Resources Inc 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. Parex Resources employs 348 staff and has a trailing 12-month revenue of around USD0.00.

How to buy shares in Parex Resources

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Parex Resources. Find the stock by name or ticker symbol: PARXF. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Parex Resources reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Parex Resources, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Parex Resources. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Parex Resources share price

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

Parex Resources shares at a glance

Information last updated 2021-04-16.
52-week rangeUSD$8.30 - USD$19.91
50-day moving average USD$17.72
200-day moving average USD$14.66
Wall St. target priceN/A
PE ratio 25.1972
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.71

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is Parex Resources under- or over-valued?

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 25x. In other words, Parex Resources shares trade at around 25x recent earnings.

Parex Resources's EBITDA

Parex Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$306.9 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 USD$531.9 million
Operating margin TTM 34.53%
Gross profit TTM USD$357.2 million
Return on assets TTM 7.12%
Return on equity TTM 7.24%
Profit margin 18.67%
Book value $10.24
Market capitalisation USD$2.3 billion

TTM: trailing 12 months

Parex Resources share dividends

We're not expecting Parex Resources to pay a dividend over the next 12 months.

Parex Resources share price volatility

Over the last 12 months, Parex Resources's shares have ranged in value from as little as $8.3 up to $19.91. A popular way to gauge a stock's volatility is its "beta".

PARXF.US volatility(beta: 2.26)Avg. volatility(beta: 1.00)LowHigh

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 2.2607. This would suggest that Parex Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Parex Resources overview

Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 2,323,941 gross acres. As of December 31, 2020, it had proved plus probable reserves of 194,491 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada. .

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