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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In today's trading, Parex Resources Inc shares closed at $17.23 after opening the day at $17.69. Intraday prices ranged from a low of $16.93 to a high of $17.82.

Shares eased -6.92% from the previous day's close of $18.51.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 1,936,256 shares was traded during the session, with total trades of 9,042, while having an average volume of 1,218,940 over the last 5-days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $28.23 (November 20,2023) and low as $16.93 (August 02,2024). Moreover, the shares have plummeted -38.38% in 52 weeks, while they have shrunken -30.94% since the start of 2024.

It announced a 0.39 dividend on July 31/24, with an September 09/24 ex-date and September 16/24 pay day.

Following today's trading, Parex Resources Inc has a market capitalization of $1.87 billion on a float of 101,176 shares outstanding. Its annual EPS is $3.03.

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. 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..