Parex Resources Inc. (TSE:PXT) to Issue $0.39 Quarterly Dividend

Parex Resources Inc. (TSE:PXT) announced a quarterly dividend on Tuesday, September 8th. Shareholders 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 yield of 5.4%. The ex-dividend date is Tuesday, September 8th.

Parex Resources Price Performance

Shares of PXT opened at C$28.76 on Friday. The business’s 50-day moving average is C$24.72 and its two-hundred day moving average is C$25.21. The company has a market capitalization of C$2.77 billion, a P/E ratio of 4.83, a P/E/G ratio of 0.21 and a beta of 0.13. The company has a debt-to-equity ratio of 34.66, a quick ratio of 1.45 and a current ratio of 0.88. Parex Resources has a fifty-two week low of C$16.25 and a fifty-two week 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.