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

Automated Summaries - The Globe and Mail - Wed Jul 31, 4:02PM CDT

Today during trading, Parex Resources Inc opened at $20.51 and closed at $20.71. Intraday prices ranged from $20.51 to $21.00.

The price advanced 1.47 percent from the previous day's close of $20.41.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 496,509 shares was traded during the last trading day, with total trades of 2,573. On average, Parex Resources Inc has traded 505,830 shares in the last five days and 525,154 year-to-date.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $29.42 (August 01,2023) and low as $20.08 (July 25,2024). Moreover, the shares have reduced -26.59 percent in the last 12 months, while they have dipped -16.99% this year.

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 $2.09 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..