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Parex Resources (TSX:PXT) Valuation Rank


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What is Parex Resources Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

Parex Resources Valuation Rank Related Terms

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Parex Resources (TSX:PXT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (TSX:PXT) » Definitions » Valuation Rank
Comparable Companies
TSX:PEY TSX:NVA TSX:ATH TSX:TVE TSX:FRU TSX:VET TSX:BIR TSX:IPCO TSX:HWX TSX:AAV COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
PARXF:USA QPX:Germany
Address
2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Website
https://www.parexresources.com
Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.