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Will Parex Resources Inc (PXT) Beat Estimates Again in Its Next Earnings Report?

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Parex Resources reports before the market opens on November 6. The latest earnings consensus is C$1.10 per share. The company has beaten estimates in three of its last four quarters, but a recent share-price decline has raised the stakes for this report.

Parex Resources Inc. (TSX: PXT) is scheduled to report results for the quarter ended September 30, 2026, before the market opens on November 6. One earnings calendar lists consensus EPS of C$1.10, while another shows C$1.38. Check the source and any updates before relying on either figure. The trend data shows one analyst behind the C$1.10 estimate, down from C$1.26 30 days ago. Compared with EPS of C$0.73 a year earlier, the estimate implies growth of 50.6%.

Recent earnings trend

Parex Resources Inc

PXT.TO

Full stock page →

PXT.TO

Parex Resources Inc

Source:WealthAwesomeWealthAwesome
↓ $2.61 (-9.92%)
120 day period
$20.41$25.27$30.13May 15Aug 12Nov 5

Market cap

$2.28B

P/E

2.9x

Div. yield

4.60%

Div. / share

$1.10

52W high

$30.44

52W low

$16.40

1W change

-16.10%

Beta

0.59

Analyst Price Targets

Based on analyst covering PXT · as of Oct 29, 2026

📈

Wall Street analysts forecast PXT stock price to rise 40.3% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$33.31

+40.3% Upside

Previously C$32.94 on Oct 26, 2026

Current Price

C$23.74

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on PXT's historical volatility

HistoricalForecast68%95%
C$12.39C$17.41C$22.43C$27.46C$32.48C$37.50TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

43.8%

Annualized

90-Day Vol

38.7%

Annualized

Trend (90d)

-26.9%

Annualized drift

90d Mean

C$21.56

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$22.99C$19.76 – C$26.74
60 trading daysC$22.27C$17.98 – C$27.58
90 trading daysC$21.56C$16.59 – C$28.02

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 3 of the last 4 comparable quarter(s).

Fiscal periodReport dateActual EPSEstimateSurprise
2026-09-302026-11-06—1.3800—
2026-06-302026-07-302.17001.5600+39.1%
2026-03-312026-05-120.06550.0680-3.7%
2025-12-312026-03-041.07000.4700+127.7%
2025-09-302025-11-040.68000.5300+28.3%
2025-06-302025-07-300.69000.5600+23.2%
-1.01600.57702.1700 24-0924-1225-0325-0625-0925-1226-0326-06 Estimate Actual (≥0) Actual (<0) Wealth Awesome

Parex beat estimates in three of its last four reported quarters, including a 39.1% surprise in June. Still, another beat isn’t guaranteed. Oil and gas earnings depend in part on commodity prices, and the recent estimate cut means expectations are lower than they were a month ago. Follow the company’s results and fundamentals on the Parex Resources stock page.

Investor takeaway: The November 6 report will show whether Parex can deliver the growth implied by the latest EPS estimate. The estimate has come down, and the available calendars disagree on the expected figure. There’s no revenue consensus, so investors will need to review the company’s reported results and comments on production, realized prices, costs and cash generation. PXT shares have also declined recently. The last close was C$23.92, below the 50-day and 200-day moving averages. That price action provides context, but it doesn’t tell us what the earnings report will show.

C$1.10 EPS consensus

The latest trend estimate is C$1.10 per share for the September quarter, compared with C$0.73 a year earlier. That points to estimated growth of 50.6%. But the estimate has fallen from C$1.26 over the past 30 days. A separate earnings calendar lists C$1.38, so don’t treat the figures as interchangeable.

Bull case

Parex has beaten estimates in three of its last four comparable quarters. Three of the four periods listed had positive surprises of 39.1%, 127.7% and 28.3%. The latest trend estimate also points to 50.6% year-over-year EPS growth, from C$0.73 to C$1.10.

The supplied fundamentals snapshot shows a 54.96% profit margin and a 4.26% dividend yield. If the results show earnings growth and solid cash generation, investors can use those figures to assess the company’s ability to maintain shareholder returns. The analyst target section offers another point of reference, but analyst targets aren’t guarantees.

Bear case

Past beats don’t guarantee another one. The trend estimate has fallen from C$1.26 to C$1.10 in 30 days, while a separate earnings calendar lists C$1.38. Investors should check the sources before treating either figure as definitive. There’s also no revenue consensus, which limits comparisons with top-line expectations.

PXT shares have weakened recently, closing at C$23.92, down 12.45% over one month and below the 50-day and 200-day moving averages. These figures don’t explain the decline or predict the results. They do show why investors will be watching closely for any sign that the results or outlook fall short of expectations.

Wealth Awesome
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Wealth Awesome

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

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⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 5, 2026
Last Updated: November 5, 2026

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