Parex Resources Inc. (TSX:PXT)
Canada flag Canada · Delayed Price · Currency is CAD
22.30
+0.04 (0.18%)
Jul 10, 2026, 4:00 PM EST

Parex Resources Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Parex Resources stock has a consensus rating of "Buy" and an average price target of $31.58. The average 1-year stock price forecast is 41.61% higher than the current stock price, while the lowest is $26.00 (+16.59%) and the highest is $41.00 (+83.86%).

Price Target: $31.58 (+41.61%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$26.00$31.58$30.50$41.00
Change+16.59%+41.61%+36.77%+83.86%

Analyst Ratings

The average analyst rating for Parex Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy322112
Buy000000
Hold333334
Sell000000
Strong Sell000000
Total655446

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Hold
Initiates
$29.00
HoldInitiates$29.00+30.04%Jun 22, 2026
Roth MKM
Roth MKM
Buy
Maintains
$39.00$41.00
BuyMaintains$39.00$41.00+83.86%May 13, 2026
Jefferies
Jefferies
Hold
Maintains
$30.00$32.50
HoldMaintains$30.00$32.50+45.74%May 5, 2026
RBC Capital
RBC Capital
Hold
Maintains
$28.00$32.00
HoldMaintains$28.00$32.00+43.50%Apr 8, 2026

Financial Forecast

Revenue This Year
1.74B
from 887.50M
Increased by 95.77%
Revenue Next Year
1.84B
from 1.74B
Increased by 5.63%
EPS This Year
3.66
from 2.31
Increased by 58.35%
EPS Next Year
4.17
from 3.66
Increased by 14.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
900.20M1.31B1.17B1.09B887.50M1.74B
Revenue Growth
69.25%45.60%-10.71%-7.24%-18.25%95.77%
Operating Income
506.44M780.65M513.07M404.25M256.37M953.44M
Net Income
303.11M611.37M459.31M60.68M255.08M214.79M
EPS
----2.313.66
EPS Growth
----311.61%58.35%
Forward PE
5.023.723.865.0012.284.30
Dividend / Share
0.200.661.141.061.121.01
Dividend Growth
-232.87%72.72%-6.38%5.62%-10.13%
Free Cash Flow
266.32M534.55M-119.76M160.21M119.18M-349.82M
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.7B
Avg1.7B
Low1.7B

Revenue Growth

Revenue Growth202620272028
High
95.8%
Avg
95.8%
Low
95.8%

EPS Forecast

EPS202620272028
High6.75
Avg3.66
Low2.36

EPS Growth

EPS Growth202620272028
High
191.9%
Avg
58.3%
Low
2.2%