Parex Resources Inc. Declares Quarterly Dividend of $0.39 (TSE:PXT)

Parex Resources Inc. (TSE:PXT) declared a quarterly dividend on Tuesday, September 8th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.385 per share on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend is Tuesday, September 8th.

Parex Resources Stock Performance

Shares of TSE:PXT opened at C$28.76 on Friday. The company has a debt-to-equity ratio of 34.66, a current ratio of 0.88 and a quick ratio of 1.45. The business’s 50 day moving average price is C$24.72 and its 200-day moving average price is C$25.21. The firm has a market capitalization of C$2.77 billion, a PE ratio of 4.83, a P/E/G ratio of 0.21 and a beta of 0.13. Parex Resources has a 1 year low of C$16.25 and a 1 year high of C$30.20.

Parex Resources Company Profile

Parex is the largest independent oil and gas company in Colombia, focusing on sustainable conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogota, Colombia.