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

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today, shares of Parex Resources Inc opened at $17.14 and closed at $16.95. It traded at a low of $16.75 to a high of $17.18.

The price dipped -1.63 percent from the previous day's close of $17.23.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 1,643,008 shares was traded during the last trading day, with total trades of 6,973, with an average volume of 1,462,281 over 5 days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $28.23 (November 20,2023) and low as $16.75 (August 06,2024). Moreover, the shares have reduced -35.84% in 52 weeks, while in 2024, they have reduced -32.06%.

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.

Parex Resources Inc is holding an average recommendation of "Moderate Buy" from 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..