PXT Stock Analysis: Parex Resources | TO
Oil & Gas E&P | TO, Canada | Market Cap: 2.516m CAD | 12M Return: 48.2% | CA69946Q1046 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.8M
EPS Trend: -30.2%
Qual. Beats: 0
Rev. Trend: -84.3%
Qual. Beats: 6
Warnings
Tailwinds
Seasonality 11.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Parex Resources is a Calgary-based oil and natural gas exploration and production company operating in Colombia. Its exploration and production holdings are concentrated in the Llanos, Magdalena, and Putumayo basins.
As an upstream energy company, Parex explores for hydrocarbons, develops discoveries, and produces and markets oil and natural gas. Companies in this sector are generally exposed to changes in commodity prices and production levels.
- Brent crude prices drive realized revenue and operating margins
- Colombian production growth boosts cash flow and shareholder returns
- Colombia’s tax and licensing policies shape investment and reserve growth
| Net Income: 563.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -7.73 > 1.0 |
| NWC/Revenue: -7.83% < 20% (prev 1.99%; Δ -9.83% < -1%) |
| CFO/TA 0.10 > 3% & CFO 411.9m > Net Income 563.2m |
| Net Debt (607.2m) to EBITDA (527.0m): 1.15 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (96.4m) vs 12m ago -1.09% < -2% |
| Gross Margin: 41.79% > 18% (prev 51.99%; Δ -10.21% > 0.5%) |
| Asset Turnover: 32.88% > 50% (prev 45.23%; Δ -12.35% > 0%) |
| Interest Coverage Ratio: 14.20 > 6 (EBIT TTM 304.8m / Interest Expense TTM 21.5m) |
| A: -0.02 (Total Current Assets 601.3m - Total Current Liabilities 684.4m) / Total Assets 4.23b |
| B: 0.40 (Retained Earnings 1.70b / Total Assets 4.23b) |
| C: 0.09 (EBIT TTM 304.8m / Avg Total Assets 3.23b) |
| D: 1.25 (Book Value of Equity 2.35b / Total Liabilities 1.88b) |
| Altman-Z'' = 3.13 = A |
| DSRI: 2.59 (Receivables 296.2m/108.4m, Revenue 1.06b/1.01b) |
| GMI: 1.24 (GM 51.99% / 41.79%) |
| AQI: 1.42 (AQ_t 0.25 / AQ_t-1 0.17) |
| SGI: 1.05 (Revenue 1.06b / 1.01b) |
| TATA: 0.04 (NI 563.2m - CFO 411.9m) / TA 4.23b) |
| Beneish M = -1.20 (Cap -4..+1) = D |
As of November 04, 2026, the stock is trading at CAD 25.85 with a total of 691,593 shares traded. Over the past week, the price has changed by -9.36%, over one month by -5.38%, over three months by +11.56% and over the past year by +48.15%.
Current recommended Stop Loss: 23.10 (which is 10.6% or 2.7 ATR below the current price).
Parex Resources has no consensus analysts rating.
P/E Trailing = 3.1825
P/E Forward = 4.7192
P/S = 2.4084
P/B = 0.8183
P/EG = 1.96
Revenue TTM = 1.06b CAD
EBIT TTM = 304.8m CAD
EBITDA TTM = 527.0m CAD
Long Term Debt = 792.3m CAD (from longTermDebt, last quarter)
Short Term Debt = 5.18m CAD (from shortTermDebt, last quarter)
Debt = 831.6m CAD (from shortLongTermDebtTotal, last quarter) + Leases 17.7m
Net Debt = 607.2m CAD (calculated: Debt 831.6m - CCE 224.4m)
Enterprise Value = 3.12b CAD (2.52b + Debt 831.6m - CCE 224.4m)
Interest Coverage Ratio = 14.20 (Ebit TTM 304.8m / Interest Expense TTM 21.5m)
EV/FCF = 16.41x (Enterprise Value 3.12b / FCF TTM 190.4m)
FCF Yield = 6.10% (FCF TTM 190.4m / Enterprise Value 3.12b)
FCF Margin = 17.95% (FCF TTM 190.4m / Revenue TTM 1.06b)
Net Margin = 53.09% (Net Income TTM 563.2m / Revenue TTM 1.06b)
Gross Margin = 41.79% ((Revenue TTM 1.06b - Cost of Revenue TTM 617.5m) / Revenue TTM)
Gross Margin QoQ = 42.55% (prev 44.34%)
Tobins Q-Ratio = 0.74 (Enterprise Value 3.12b / Total Assets 4.23b)
Interest Expense / Debt = 2.58% (Interest Expense 21.5m / Debt 831.6m)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 228.6m (EBIT 304.8m * (1 - 25.00%))
Current Ratio = 0.88 (Total Current Assets 601.3m / Total Current Liabilities 684.4m)
Debt / Equity = 0.35 (Debt 831.6m / totalStockholderEquity, last quarter 2.35b)
Debt / EBITDA = 1.15 (Net Debt 607.2m / EBITDA 527.0m)
Debt / FCF = 3.19 (Net Debt 607.2m / FCF TTM 190.4m)
Total Stockholder Equity = 2.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.46% (Net Income 563.2m / Total Assets 4.23b)
RoE = 27.68% (Net Income TTM 563.2m / Total Stockholder Equity 2.03b)
RoCE = 10.78% (EBIT 304.8m / Capital Employed (Equity 2.03b + L.T.Debt 792.3m))
RoIC = 6.54% (NOPAT 228.6m / Invested Capital 3.50b)
WACC = 6.02% (E(2.52b)/V(3.35b) * Re(7.37%) + D(831.6m)/V(3.35b) * Rd(2.58%) * (1-Tc(0.25)))
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.22 | Cagr: -3.08%
[DCF] Terminal Value 73.10% ; FCFF base≈223.0m ; Y1≈195.6m ; Y5≈158.0m
[DCF] Fair Price = 20.06 (EV 2.54b - Net Debt 607.2m = Equity 1.93b / Shares 96.2m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -30.21 | EPS CAGR: -21.47% | SUE: 0.77 | # QB: 0
Revenue Correlation: -84.35 | Revenue CAGR: -8.55% | SUE: 4.0 | # QB: 6
EPS current Quarter (2026-09-30): EPS=1.38 | Chg30d=+46.19% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=10.37 | Chg30d=+12.00% | Revisions=+0% | GrowthEPS=+189.2% | GrowthRev=+79.3%
EPS next Year (2027-12-31): EPS=6.30 | Chg30d=+6.81% | Revisions=-25% | GrowthEPS=-39.3% | GrowthRev=+24.5%
[Analyst] Revisions Ratio: -25% (up=0, down=1)