Parex Resources: Top 10 Undervalued Energy Sector Stocks on TSX (PXT)
Parex Resources is now ranked among the top 10 undervalued stocks in the Energy sector on the Toronto Stock Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below). The energy sector contains companies that produce or refine oil and gas, provide oil field services or equipment, are pipeline operators or mine coal.
All data provided as-at market close November 14, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Parex Resources Parex Resources Inc is engaged in exploration, development, production and marketing of oil and natural gas in South America. It is engaged in the Llanos Basin and Middle Magdalena Basin of Colombia. Parex Resources is listed under PXT on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| CSM-T | ClearStream Energy Servs | 0.04 | 0 | 0 | 0 | 0 | 0 |
| TNZ-T | Tenaz Energy | 1.53 | 0 | 1.8 | 0 | 0 | 0 |
| WRG-T | Western Energy Services | 3.47 | 0 | 2.9 | 0 | 0 | 0 |
| PXT-T | Parex Resources | 19.41 | 0 | 3.7 | 0 | 0 | 0 |
| SGQ-T | Southgobi Resources | 0.15 | 0 | 0 | 0 | 0 | 0 |
| SHLE-T | Source Energy Services | 1.58 | 0 | 0 | 0 | 0 | 0 |
| TWM-T | Tidewater Midstream | 1.22 | 0 | 8.7 | 0 | 0 | 0 |
| SFD-T | NXT Energy Solutions | 0.17 | 0 | 0 | 0 | 0 | 0 |
| ITE-T | i3 Energy | 0.36 | 0 | 4.8 | 0 | 0 | 0 |
| FORZ-T | Forza Petroleum | 0.18 | 0 | 1.5 | 0 | 0 | 0 |
More about Parex Resources
Stocks in this category are held primarily for capital appreciation.
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