Parex Resources Inc trades with the ticker PXT on the TSX and is in the Oil & Gas E&P industry.
Overview
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company’s principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
Looking to invest in Parex Resources Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PXT.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $2165.461MM
PE Ratio: 3.608
Price: 21.15 (Updated: 3/12/2024 0:47:16)
Parex Resources Inc (PXT) vs Competitors in Oil & Gas E&P
Lets see how PXT.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Parex Resources Inc (PXT) vs Advantage Oil & Gas Ltd (AAV)
- PXT has higher EPS (5.81 vs 0.59). PXT provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 3.608) indicating it’s more expensive.
- Parex Resources Inc (PXT) vs Africa Oil Corp (AOI)
- PXT has higher EPS (5.81 vs 0.24). PXT has higher dividend yield (7.2% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 3.608) indicating it’s more expensive.
- Parex Resources Inc (PXT) vs ARC Resources Ltd (ARX)
- PXT has higher EPS (5.81 vs 2.61). PXT has higher dividend yield (7.2% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 3.608) indicating it’s more expensive.
- Parex Resources Inc (PXT) vs Athabasca Oil Corporation (ATH)
- PXT has higher EPS (5.81 vs -0.09). PXT provides dividends, while ATH does not. ATH has a P/E under 0, indicating PXT (P/E 3.608) is in a better position.
- Parex Resources Inc (PXT) vs Birchcliff Energy Ltd (BIR)
- PXT has higher EPS (5.81 vs 0.32). BIR has higher dividend yield (7.2% vs 7.2%). BIR has a higher P/E ratio (17.25 vs 3.608) indicating it’s more expensive.
Our Recommendation: Hold
Has a lower P/E ratio (3.61) than the industry average (8.87), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.25) than the industry average (7.57), indicating attractive valuation.
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