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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-29), Parex Resources's 12-1 Month Momentum % is 30.98%.
The industry rank for Parex Resources's 12-1 Month Momentum % or its related term are showing as below:
TSX:PXT's 12-1 Month Momentum % is ranked better than 68.69% of 1019
companies
in the Oil & Gas industry
Industry Median: 11.53
vs TSX:PXT: 30.98
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Parex Resources 12-1 Month Momentum % Related Terms
TSX:PXT vs COP, EOG, FANG: 12-1 Month Momentum % Comparison
For the Oil & Gas E&P subindustry, Parex Resources's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Parex Resources 12-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Parex Resources's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Parex Resources's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Parex Resources (TSX:PXT) has a 12-1 Month Momentum % of 30.98% as of Aug. 29, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Parex Resources and its competitors. According to the industry distribution chart, Parex Resources ranks #319 out of 1019 companies in the Oil & Gas industry, placing it in the top 31.3%.
Is Parex Resources' 12-1 Month Momentum % too high?
Parex Resources' current 12-1 Month Momentum % is 30.98%. The Oil & Gas industry median 12-1 Month Momentum % is 11.53. Parex Resources' value of 30.98% is 168.7% above this industry median. Based on the distribution chart, Parex Resources ranks #319 out of 1019 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Parex Resources has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Parex Resources' 12-1 Month Momentum % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Parex Resources ranks #319 out of 1019 companies for 12-1 Month Momentum %. This puts Parex Resources in the upper half of its industry. The industry median 12-1 Month Momentum % is 11.53. Parex Resources' value of 30.98% is 168.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for an Oil & Gas company?
The median 12-1 Month Momentum % among Oil & Gas companies is 11.53, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parex Resources's current 12-1 Month Momentum % of 30.98% is 168.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Parex Resources and its competitors. For the Oil & Gas industry, the median 12-1 Month Momentum % is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parex Resources's current 12-1 Month Momentum % is 30.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parex Resources stock overvalued right now?
Based on GuruFocus' analysis, Parex Resources (TSX:PXT) is currently considered Modestly Overvalued. The stock's GF Value™ is C$24.15, compared to a current price of C$27.88 — trading 15.4% above its estimated fair value. The current 12-1 Month Momentum % is 30.98% and 168.7% above the Oil & Gas industry median of 11.53. Parex Resources' overall GF Score™ is 95/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Parex Resources (TSX:PXT), the current 12-1 Month Momentum % is 30.98% as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Parex Resources (TSX:PXT) Overvalued in 2026?
Based on GuruFocus' analysis, Parex Resources stock appears to be overvalued.
The current stock price of C$27.88 is trading 15.4% above its estimated GF Value™ of C$24.15.
GuruFocus considers Parex Resources to be Modestly Overvalued.
Key valuation signals for TSX:PXT:
12-1 Month Momentum %: 30.98%
GF Value™: C$24.15 vs. price of C$27.88 (15.4% above fair value)
Industry Position: 168.7% above the Oil & Gas median (#319 of 1019)
No single metric tells the full story. See the TSX:PXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The company's operating segments are Columbia, its key revenue-generating segment, and Canada.
95GF Score
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