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Parex Resources Stock

Parex Resources P/S 2024

Parex Resources P/S

1.44

Ticker

PXT.TO

ISIN

CA69946Q1046

WKN

A0YES6

As of Nov 17, 2024, Parex Resources's P/S ratio stood at 1.44, a -23.4% change from the 1.88 P/S ratio recorded in the previous year.

The Parex Resources P/S history

Parex Resources Aktienanalyse

What does Parex Resources do?

The Canadian company Parex Resources Inc. specializes in the exploration, production, and marketing of oil and natural gas. It was founded in 2009 and is headquartered in Calgary, Alberta, Canada. Parex Resources Inc. has a strong focus on North and South America and has been able to achieve excellent business results that attract numerous investors. The company's business model includes various divisions, such as oil and gas exploration, development, and production. In recent years, Parex Resources Inc. has proven itself as a strong supplier of oil and gas by continuously expanding its production capacities in Colombia. It is now capable of producing over 50,000 barrels of oil and gas daily. The company also focuses on exploring and developing new oil and gas reserves in different countries in the region, concentrating on promising areas with undiscovered reserves. One of Parex Resources Inc.'s strengths lies in its advanced technology, which enables the company to create accurate predictions of reserves using state-of-the-art geological, geophysical, and seismic data processing methods. The company offers high-quality products that meet customer requirements, including ethanol and plant-derived fuels, in addition to oil and gas. Parex Resources Inc.'s success is also attributed to its careful monitoring and analysis of markets, allowing it to quickly respond to market changes based on a deep understanding of customer needs. Over the years, the company has received numerous awards and recognition, including for its commitment to sustainability. Parex Resources Inc. actively promotes environmental protection and ensures that its oil and gas production processes do not harm the environment. In summary, Parex Resources Inc. is a strong player in the oil and gas industry, relying on advanced technologies and high-quality products. Its business model encompasses the exploration, development, production, and marketing of oil, gas, and other products. With its presence in various countries in North and South America and its consistent environmental protection policy, Parex Resources Inc. is a reliable partner for investors and customers. Parex Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Parex Resources's P/S Ratio

Parex Resources's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Parex Resources's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Parex Resources's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Parex Resources’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Parex Resources stock

What is the price-to-earnings ratio of Parex Resources?

The price-earnings ratio of Parex Resources is currently 1.44.

How has the price-earnings ratio of Parex Resources changed compared to last year?

The price-to-earnings ratio of Parex Resources has increased by -23.4% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Parex Resources high compared to other companies?

Yes, the price-to-earnings ratio of Parex Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Parex Resources affect the company?

An increase in the price-earnings ratio of Parex Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Parex Resources affect the company?

A decrease in the price-earnings ratio of Parex Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Parex Resources?

Some factors that influence the price-earnings ratio of Parex Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Parex Resources pay?

Over the past 12 months, Parex Resources paid a dividend of 1.5 USD . This corresponds to a dividend yield of about 14.15 %. For the coming 12 months, Parex Resources is expected to pay a dividend of 1.94 USD.

What is the dividend yield of Parex Resources?

The current dividend yield of Parex Resources is 14.15 %.

When does Parex Resources pay dividends?

Parex Resources pays a quarterly dividend. This is distributed in the months of April, July, October, January.

How secure is the dividend of Parex Resources?

Parex Resources paid dividends every year for the past 0 years.

What is the dividend of Parex Resources?

For the upcoming 12 months, dividends amounting to 1.94 USD are expected. This corresponds to a dividend yield of 18.29 %.

In which sector is Parex Resources located?

Parex Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Parex Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Parex Resources from 12/16/2024 amounting to 0.385 USD, you needed to have the stock in your portfolio before the ex-date on 12/9/2024.

When did Parex Resources pay the last dividend?

The last dividend was paid out on 12/16/2024.

What was the dividend of Parex Resources in the year 2023?

In the year 2023, Parex Resources distributed 0.89 USD as dividends.

In which currency does Parex Resources pay out the dividend?

The dividends of Parex Resources are distributed in USD.

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Andere Kennzahlen von Parex Resources

Our stock analysis for Parex Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Parex Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.