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How to buy Parex Resources stock

Learn how to easily invest in Parex Resources stock.

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 0.00.

How to buy shares in Parex Resources

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – PARXF – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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 2022-01-25.
Latest market close$19.50
52-week range$13.40 - $21.41
50-day moving average $17.60
200-day moving average $17.42
Wall St. target priceN/A
PE ratio 9.1943
Dividend yield $0.099 (2.06%)
Earnings per share (TTM) $2.05

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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.

Parex Resources price performance over time

Historical closes compared with the close of $19.5 from 2022-01-25

1 week (2022-01-19) -3.56%
1 month (2021-12-23) 18.40%
3 months (2021-10-26) -4.08%
6 months (2021-07-26) 21.04%
1 year (2021-01-26) 24.05%
2 years (2020-01-24) 14.71%
3 years (2019-01-25) 37.71%
5 years (2017-01-26) 59.25%

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 9x. In other words, Parex Resources shares trade at around 9x recent earnings.

Parex Resources's EBITDA

Parex Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $547.6 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 $792.5 million
Operating margin TTM 50.3%
Gross profit TTM $357.2 million
Return on assets TTM 15.49%
Return on equity TTM 19.41%
Profit margin 33.22%
Book value $11.16
Market capitalisation $2.3 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 2.06% 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 2.06% return on their shares, in the form of dividend payments. In Parex Resources's case, that would currently equate to about $0.099 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 30 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 13 December 2021 (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 $13.3963 up to $21.4093. A popular way to gauge a stock's volatility is its "beta".

PARXF.US volatility(beta: 2.11)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 2.1094. 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. .

Frequently asked questions

What percentage of Parex Resources is owned by insiders or institutions?
Currently 1.649% of Parex Resources shares are held by insiders and 45.039% by institutions.
How many people work for Parex Resources?
Latest data suggests 348 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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