Parex Resources Inc.

Parex Resources Inc.verified

PXT.TO

Price:

$12.15

Market Cap:

$899.20M

Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2012-01-24

Stock Exchange

TSX

Ticker

PXT.TO

The Current Ratio as of September 2024 (TTM) for Parex Resources Inc. (PXT.TO) is 1.14

According to Parex Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of 1.04% compared to the average of 1.13 of the last 4 quarters.

Parex Resources Inc. (PXT.TO) Historical Current Ratio (quarterly & annually)

How has PXT.TO Current Ratio performed in the past?

The mean historical Current Ratio of Parex Resources Inc. over the last ten years is 1.92. The current 1.14 Current Ratio has changed 5.83% with respect to the historical average. Over the past ten years (40 quarters), PXT.TO's Current Ratio was at its highest in in the September 2020 quarter at 4.66. The Current Ratio was at its lowest in in the September 2023 quarter at 0.81.

Quarterly (TTM)
Annual

Average

1.92

Median

1.78

Minimum

1.02

Maximum

3.61

Parex Resources Inc. (PXT.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Parex Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 69.54%

Maximum Annual Current Ratio = 3.61

Minimum Annual Increase = -49.53%

Minimum Annual Current Ratio = 1.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.3111.91%
20221.17-49.53%
20212.31-36.02%
20203.6137.73%
20192.6269.54%
20181.55-24.49%
20172.059.65%
20161.8711.00%
20151.6865.46%
20141.02-10.94%

Parex Resources Inc. (PXT.TO) Average Current Ratio

How has PXT.TO Current Ratio performed in the past?

The current Current Ratio of Parex Resources Inc. (PXT.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.60

5-year avg

2.20

10-year avg

1.92

Parex Resources Inc. (PXT.TO) Current Ratio vs. Peers

How is PXT.TO’s Current Ratio compared to its peers?

Parex Resources Inc.’s Current Ratio is greater than Tourmaline Oil Corp. (1.11), greater than Enerplus Corporation (0.70), greater than PrairieSky Royalty Ltd. (0.30), greater than ARC Resources Ltd. (0.88), less than MEG Energy Corp. (1.55),

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