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

Parex Resources Inc opened trading today at $17.23 and closed at $16.72. prices ranged from a low of $16.69 to a high of $17.36.

The price eased -1.36% from the previous day's close of $16.95.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 1,079,306 shares was traded during the last trading day, with total trades of 4,817. On average, Parex Resources Inc has traded 1,522,082 shares in the last five days and 558,136 year-to-date.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, PXT.TO has traded as high as $28.23 (November 20,2023) and low as $16.69 (August 07,2024). Moreover, in the last 52 weeks, Parex Resources Inc's shares have shrunken -36.71 percent, while they have shrunken -32.99% 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 $1.71 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.

Based on 6.00 analysts, Parex Resources Inc gets an average recommendation of "Moderate Buy" according to Zacks. From those 6 analysts, 3 have buy ratings and 3 analysts gave hold ratings.

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