Parex Resources reported earnings per share (EPS) of C$0.89 for the quarter ended September 30, well below the C$1.38 estimate. The miss adds to a run of uneven quarterly results.
Parex Resources Inc. (PXT.TO) reported earnings before the market opened on November 6, 2026. EPS was 35.5% below the calendar estimate. The company beat estimates by 39.1% in June and 127.7% in December, but missed by 3.7% in March. Visit the PXT.TO stock page for more coverage.
Recent earnings trend
Parex Resources Inc
PXT.TO
PXT.TO
Parex Resources Inc
WealthAwesomeMarket cap
$1.91B
P/E
2.3x
Div. yield
5.59%
Div. / share
$1.11
52W high
$30.44
52W low
$16.40
1W change
-24.27%
Beta
0.59
Analyst Price Targets
Based on analyst covering PXT · as of Nov 10, 2026
Wall Street analysts forecast PXT stock price to rise 61.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$32.06
+61.9% Upside
Previously C$33.31 on Oct 29, 2026
Current Price
C$19.81
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on PXT's historical volatility
30-Day Vol
66.1%
Annualized
90-Day Vol
49.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$16.57
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$18.67 | C$14.86 – C$23.45 |
| 60 trading days | C$17.59 | C$12.74 – C$24.28 |
| 90 trading days | C$16.57 | C$11.16 – C$24.60 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-12-31 | 2027-03-04 | — | 0.8900 | — |
| 2026-09-30 | 2026-11-06 | 0.8900 | 1.3800 | -35.5% |
| 2026-06-30 | 2026-07-30 | 2.1700 | 1.5600 | +39.1% |
| 2026-03-31 | 2026-05-12 | 0.0655 | 0.0680 | -3.7% |
| 2025-12-31 | 2026-03-04 | 1.0700 | 0.4700 | +127.7% |
| 2025-09-30 | 2025-11-04 | 0.6800 | 0.5300 | +28.3% |
Investor takeaway: Parex missed estimates by a wide margin, but one quarter doesn’t establish a new trend. The company beat estimates in two of its last four reported quarters, and its results have varied widely. The earnings data provided doesn’t include revenue or margin figures for this quarter, so it doesn’t explain what drove the miss. Shares recently closed at C$19.81, below their 50-day and 200-day moving averages. That price context doesn’t explain the earnings result.
C$0.89 EPS versus C$1.38 estimated
Parex’s reported EPS was C$0.49 below the estimate, a 35.5% miss. Across the last four comparable quarters, the company had two beats and two misses. Results ranged from a 3.7% miss to a 127.7% beat.
Bull case
Parex has delivered some large earnings beats, including a 127.7% surprise in the December 2025 quarter and a 39.1% beat in June 2026. The supplied fundamentals snapshot also lists a 43.62% profit margin and a 5.59% dividend yield. These figures may help investors assess profitability and shareholder distributions, but they don’t guarantee future results.
Bear case
The September-quarter EPS miss was sizable, and analysts have lowered their next-quarter EPS consensus over the past 30 days, from C$1.26 to C$1.10. The stock’s last close of C$19.81 was below its 50-day average of C$27.77 and its 200-day average of C$25.38. The data provided doesn’t include quarter-specific revenue or margin figures, leaving investors with little context on what caused the miss or whether it will continue.
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