Parex Resources Stock Today

PXT Stock  CAD 14.10  0.22  1.54%   

Performance

Very Weak

 
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Odds Of Distress

Very Small

 
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Parex Resources is selling at 14.10 as of the 1st of March 2025; that is 1.54 percent decrease since the beginning of the trading day. The stock's open price was 14.32. Parex Resources has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 30th of January 2025 and ending today, the 1st of March 2025. Click here to learn more.
Business Domain
Energy
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company was incorporated in 2009 and is headquartered in Calgary, Canada. PAREX RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 98.34 M outstanding shares of which 4.16 M shares are at this time shorted by private and institutional investors with about 9.21 days to cover all short positions. More on Parex Resources

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Parex Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Parex Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Parex Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODavid Taylor
Business ConcentrationOil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors)
Parex Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Parex Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Parex Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Parex Resources' financial leverage. It provides some insight into what part of Parex Resources' total assets is financed by creditors.
Liquidity
Parex Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Parex Resources has accumulated 95.74 M in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Parex Resources has a current ratio of 1.77, which is within standard range for the sector. Debt can assist Parex Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Parex Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Parex Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Parex to invest in growth at high rates of return. When we think about Parex Resources' use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

309.59 Million
Parex Resources (PXT) is traded on Toronto Exchange in Canada and employs 449 people. Parex Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Parex Resources's market, we take the total number of its shares issued and multiply it by Parex Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Parex Resources operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 98.34 M outstanding shares of which 4.16 M shares are at this time shorted by private and institutional investors with about 9.21 days to cover all short positions. Parex Resources has accumulated about 419 M in cash with 376.47 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.5.
Check Parex Resources Probability Of Bankruptcy
Ownership Allocation
Parex Resources has a total of 98.34 Million outstanding shares. Over half of Parex Resources' outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Parex Resources. Please watch out for any change in the institutional holdings of Parex Resources as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Parex Ownership Details

Parex Resources Risk Profiles

Although Parex Resources' alpha and beta are two of the key measurements used to evaluate Parex Resources' performance over the market, the standard measures of volatility play an important role as well.

Parex Stock Against Markets

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Parex Resources Corporate Directors

Glenn McNamaraIndependent DirectorProfile
Carmen SylvainIndependent DirectorProfile
Lisa ColnettIndependent DirectorProfile
Ronald MillerIndependent DirectorProfile

Other Information on Investing in Parex Stock

Parex Resources financial ratios help investors to determine whether Parex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Parex with respect to the benefits of owning Parex Resources security.