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

In trading today, Parex Resources Inc opened at $19.74 and closed at $18.51. Intraday prices ranged from a low of $18.30 to a high of $19.78.

Share prices dipped -10.62 percent from the previous day's close of $20.71.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 2,455,335 shares was traded during the session, with total trades of 11,440. On average, Parex Resources Inc has traded 902,612 shares over 5 days and 538,109 year-to-date.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $28.76 (August 02,2023) and low as $18.30 (August 01,2024). Moreover, in the last 12 months, Parex Resources Inc's shares have reduced -35.95%, while this year, they have dipped -25.81%.

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.

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.

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..