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

Today, shares of Parex Resources Inc opened at $20.81 and closed at $20.42. It traded at a low of $20.40 to a high of $21.00.

Shares slid -1.69 percent from the previous day's close of $20.77.

During the day across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Parex Resources Inc traded under PXT on the Toronto Stock Exchange (TSX).

A total of 403,544 shares was traded during the session, with total trades of 2,283. On average, Parex Resources Inc has traded 382,816 shares over 5 days and 525,830 year-to-date.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 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, in the last 12 months, Parex Resources Inc's shares have shrunken -26.01%, while in 2024, they have dipped -18.16%.

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 $2.12 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.

Currently, Parex Resources Inc has an average recommendation of "Moderate Buy" based on 6.00 analysts according to Zacks. From those 6 analysts, 3 have buy ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..