Parex Resources Inc. (PXT) to Distribute Quarterly Dividend of $0.39 on September 15th

Parex Resources Inc. (TSE:PXT – Get Free Report) declared 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) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Tuesday, September 8th.

Parex Resources Price Performance

Shares of PXT stock opened at C$28.76 on Friday. The firm has a market cap 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 current ratio of 0.88 and a quick ratio of 1.45. Parex Resources has a 1-year low of C$16.25 and a 1-year high of C$30.20. The firm has a fifty day moving average of C$24.72 and a two-hundred day moving average of C$25.21.

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About Parex Resources

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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.

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