PXT:CA:TSX-Parex Resources Inc (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 22.28

Change

-0.49 (-2.15)%

Market Cap

CAD 2.96B

Volume

0.40M

Average Target Price

CAD 29.25 (+31.28%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-09 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

N/A

CAD58.76B 12.94 1.42
CNQ:CA Canadian Natural Resources Lim..

-0.29 (-0.75%)

CAD46.10B 695.33 11.13
OVV:CA Ovintiv Inc

-0.88 (-2.86%)

CAD8.06B 3.13 3.76
TOU:CA Tourmaline Oil Corp

-0.74 (-3.00%)

CAD7.31B 10.86 5.03
ARX:CA ARC Resources Ltd

-0.11 (-1.42%)

CAD5.62B 17.30 6.25
WCP:CA Whitecap Resources Inc

-0.08 (-1.40%)

CAD3.40B 30.85 5.99
PSK:CA PrairieSky Royalty Ltd

-0.07 (-0.50%)

CAD3.11B 100.80 21.88
VII:CA Seven Generations Energy Ltd

N/A

CAD2.82B 1.96 14.01
CPG:CA Crescent Point Energy Corp

-0.05 (-1.01%)

CAD2.63B N/A 4.35
MEG:CA MEG Energy Corp

-0.13 (-1.96%)

CAD2.01B 29.00 25.32

ETFs Containing PXT:CA

Symbol Name Weight Mer Price(Change) Market Cap
XEG:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

-0.09 (-1.12%)

CAD1.09B
ZJO:CA BMO Junior Oil Index ETF 0.00 % 0.55 %

N/A

CAD7.14M

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 27.17% 25% F 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 27.17% 24% F 85% B
Trailing 12 Months  
Capital Gain 57.68% 15% F 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 57.68% 17% F 68% D+
Trailing 5 Years  
Capital Gain 100.72% 98% A+ 82% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 100.72% 98% A+ 80% B-
Average Annual (5 Year Horizon)  
Capital Gain 6.91% 87% B+ 72% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.91% 90% A- 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 27.83% 83% B 32% F
Risk Adjusted Return 24.82% 94% A 46% F
Market Capitalization 2.96B 87% B+ 79% C+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 25.41 39% F 25% F
Price/Book Ratio 1.76 19% F 51% F
Price / Cash Flow Ratio 10.19 15% F 32% F
EV/EBITDA 8.74 40% F 65% D
Management Effectiveness  
Return on Equity 7.24% 100% A+ 61% D-
Return on Invested Capital 8.96% 96% A 80% B-
Return on Assets 7.12% 98% A+ 91% A-
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 2.25 38% F 33% F
Short Percent N/A N/A N/A N/A N/A
Beta 2.26 69% D+ 9% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.