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

Today, Parex Resources Inc stock opened at $17.69 and closed at $17.23. prices ranged from $16.93 to $17.82.

Share prices eased -6.92 percent from the previous day's close of $18.51.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 1,936,256 on 9,042 total trades, while having an average volume of 1,218,940 over 5 days.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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, in the last 12 months, Parex Resources Inc's shares have shrunken -38.38 percent, while in 2024, they have shrunken -30.94%.

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 $1.74 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. From those 6 analysts, 3 have buy ratings and 3 analysts gave hold ratings.

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