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How to buy Parex Resources stock

Learn how to easily invest in Parex Resources stock.

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. Parex Resources employs 371 staff and has a trailing 12-month revenue of around $1.3 billion.

How to buy Parex Resources stock

  1. Open a stock trading account. Use our comparison table or choose from our Top Picks.
  2. Confirm your payment details. Fund your account with a bank transfer, debit card or credit card and take advantage of any signup bonuses.
  3. Search for the stock by name or ticker symbol – PARXF. It's that simple.

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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

Information last updated 2023-01-26.
Latest market close$17.31
52-week range$12.73 - $23.07
50-day moving average $14.60
200-day moving average $16.78
Wall St. target priceN/A
PE ratio 4.3852
Dividend yield $0.565 (4.29%)
Earnings per share (TTM) $3.92

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Parex Resources price performance over time

Historical closes compared with the close of $17.31 from 2023-01-27

1 week (2023-01-23) 0.35%
1 month (2022-12-30) 16.41%
3 months (2022-10-28) 13.14%
6 months (2022-07-29) -7.04%
1 year (2022-01-28) -15.48%
2 years (2021-01-29) 13.73%
3 years (2020-01-30) 7.17%
5 years (2018-01-30) 13.91%

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 $996.7 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 $1.3 billion
Operating margin TTM 61.11%
Gross profit TTM $728.6 million
Return on assets TTM 25.61%
Return on equity TTM 32.22%
Profit margin 36.3%
Book value $13.58
Market capitalisation $1.9 billion

TTM: trailing 12 months

Parex Resources share dividends

18%

Dividend payout ratio: 18.1% of net profits

Recently Parex Resources has paid out, on average, around 18.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.29% 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 4.29% return on their shares, in the form of dividend payments. In Parex Resources's case, that would currently equate to about $0.565 per share.

While Parex Resources's payout ratio might seem low, this can signify that Parex Resources is investing more in its future growth.

Parex Resources's most recent dividend payout was on 29 December 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 December 2022 (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 $12.73 up to $23.0743. A popular way to gauge a stock's volatility is its "beta".

PARXF.US volatility(beta: 1.79)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 1.7885. 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 of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 million barrels of oil equivalent. 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 1.514% of Parex Resources shares are held by insiders and 50.238% by institutions.
How many people work for Parex Resources?
Latest data suggests 371 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

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