Closing Bell: Parex Resources Inc down on Tuesday (PXT)

Today, Parex Resources Inc opened at $21.08 and closed at $20.77. It traded at a low of $20.56 to a high of $21.08.

Shares dipped -1.75% from the previous day's close of $21.14.

Today across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Parex Resources Inc has listed on the Toronto Stock Exchange (TSX) under the ticker PXT.

A total of 326,703 shares was traded during the last trading day, with total trades of 1,849. On average, Parex Resources Inc has traded 388,716 shares in the last five days and 526,691 year-to-date.

Trading across the entire TSX saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $29.42 (August 01,2023) and low as $20.17 (March 05,2024). Moreover, the shares have dipped -24.25% in the last 12 months, while they have shrunken -16.75% since the start of 2024.

It announced a 0.39 dividend on May 08/24, with an June 10/24 ex-date and June 17/24 pay day.

Following today's trading, Parex Resources Inc has a market capitalization of $2.16 billion on a float of 102,194 shares outstanding. Its annual EPS is $3.94.

Parex Resources Inc is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Parex Resources Inc is holding an average recommendation of "Moderate Buy" from 6.00 analysts according to Zacks. Currently, there are 3 buy ratings and 3 hold ratings for the stock.

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