Obermatt

Flags

Earnings warning

Parex Resources

TOR:PXT · CA69946Q1046
Oil, Gas & Consumable FuelsMedium

360

91
EV / EBIT97
Price / Owner Earnings9
Owner Earnings Yield57
Dividend Yield93
Price/Sales89
EV / Gross Profit84
Price/Book95
Return on Capital55
Cash Return on Capital50
Return on Equity54
EBIT Margin49
Gross Profitability77
Cash Conversion44
Accruals15
Owner Earnings Margin52
Sales growth98
Profit Growth45
Long-Term EPS Growth21
Owner Earnings Growth53
Reinvestment100
Price momentum86
Debt load88
Refinancing85
Debt Payback65
Liquidity96
Analyst ratings40
Opinion Changes50
Price Target Upside66
Market mood33
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Parex Resources doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryCanada
IndustryOil, Gas & Consumable Fuels
SizeMedium
TypePublic Company
ExchangeTSX
Founded2009
Employees491
ISINCA69946Q1046
Last UpdateApr 2, 2026
Themes
Oil and Gas

Description

Parex Resources Inc. operates as an oil and natural gas exploration and production company that engages in the exploration, development, and production of oil and natural gas resources. Business Segments The company operates primarily in two geogra…

Analysis

Middle-of-the-road

Parex Resources Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 33.6×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is sturdy. The company scores 6/20 on our value-creation score: not creating value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
100
2023202420252026

All-time high

100

Jun 2026

All-time low

52

Oct 2024

Average rank

88

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
89
85
81
22
Price/Earnings
88
93
91
89
Price/Book
95
93
62
48
Dividend Yield
93
100
100
86
Value (overall)
100
92
100
92

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →