(PXT) Parex Resources - Ratings and Ratios

Parex Resources Inc. (TO:PXT) is a Calgary-based energy company specializing in the exploration, development, production, and marketing of oil and natural gas, with a primary focus on Colombia. Established in 2009, the company operates across three key basins: the Llanos Basin, Magdalena Basin, and Putumayo Basin. These regions are strategic for oil and gas exploration due to their geological potential and existing infrastructure. Parex Resources has built a reputation for its technical expertise and operational efficiency in Colombias hydrocarbon sector.

From a technical standpoint, PXT is currently trading below its 20-day (11.29), 50-day (12.51), and 200-day (13.55) moving averages, indicating bearish momentum. The stocks average 20-day volume is 428,725 shares, with a last price of 10.95 and an ATR of 0.57, reflecting moderate volatility. Resistance levels to watch include the 50-day SMA at 12.51 and the 200-day SMA at 13.55, while support may emerge near the recent lows.

Fundamentally, Parex Resources is valued at a market cap of 1.14 billion CAD, with a trailing P/E of 13.87 and a forward P/E of 7.45, suggesting potential undervaluation relative to future earnings. The P/B ratio of 0.45 indicates that the stock is trading below its book value, which may attract value investors. The price-to-sales ratio of 1.05 and a return on equity of 3.31% highlight the companys moderate valuation and profitability metrics. With a focus on cost optimization and reserve growth, Parex Resources is well-positioned to capitalize on Colombias energy sector opportunities, supported by its proven track record of operational success.