Parex Resources Inc

Company Profile

Parex Resources Inc had its IPO on under the ticker symbol PARXF.

The company operates in the Energy sector and Oil & Gas E&P industry. Parex Resources Inc has a staff strength of 428 employees.

Stock update

Shares of Parex Resources Inc opened at $19 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $19 - $19, and closed at $19.

This is a -0.89% slip from the previous day's closing price.

A total volume of 2,099 shares were traded at the close of the day’s session.

In the last one week, shares of Parex Resources Inc have increased by +0.74%.

Parex Resources Inc's Key Ratios

Parex Resources Inc has a market cap of $2.01 billion, indicating a price to book ratio of 1.0015 and a price to sales ratio of 1.1823.

In the last 12-months Parex Resources Inc’s revenue was $1.18 billion with a gross profit of $1.11 billion and an EBITDA of $871.06 million. The EBITDA ratio measures Parex Resources Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Parex Resources Inc’s operating margin was 45.66% while its return on assets stood at 15.62% with a return of equity of 31.44%.

In Q2, Parex Resources Inc’s quarterly earnings growth was a negative -23.4% while revenue growth was a negative 20.6%.

Parex Resources Inc’s PE and PEG Ratio

Forward PE

3.9698

Trailing PE

3.9916

PEG

0

Its diluted EPS in the last 12-months stands at $4.76 per share while it has a forward price to earnings multiple of 3.9698 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Parex Resources Inc’s profitability.

Parex Resources Inc stock is trading at a EV to sales ratio of 0.7104 and a EV to EBITDA ratio of 1.2237. Its price to sales ratio in the trailing 12-months stood at 1.1823.

Parex Resources Inc stock pays annual dividends of $0.921 per share, indicating a yield of 5.86% and a payout ratio of 36.85%.

Balance sheet and cash flow metrics

Total Assets

$2.23 billion

Total Liabilities

$325.10 million

Operating Cash Flow

$0

Capital Expenditure

$103.90 million

Dividend Payout Ratio

36.85%

Parex Resources Inc ended 2024 with $2.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.23 billion while shareholder equity stood at $1.81 billion.

Parex Resources Inc ended 2024 with $0 in deferred long-term liabilities, $325.10 million in other current liabilities, 671437000.00 in common stock, $1.12 billion in retained earnings and $73.45 million in goodwill. Its cash balance stood at $133.38 million and cash and short-term investments were $133.38 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Parex Resources Inc’s total current assets stands at $322.15 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $128.83 million compared to accounts payable of $267.59 million and inventory worth $3.64 million.

In 2024, Parex Resources Inc's operating cash flow was $0 while its capital expenditure stood at $103.90 million.

Comparatively, Parex Resources Inc paid $0.37 in dividends in 2024.

Other key metrics

Current Trading Price

$19

52-Week High

$22.82

52-Week Low

$12.3628

Analyst Target Price

$

Parex Resources Inc stock is currently trading at $19 per share. It touched a 52-week high of $22.82 and a 52-week low of $22.82. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $19.79 and 200-day moving average was $18.06 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 152.8% of the company’s stock are held by insiders while 5072.2% are held by institutions.