Parex Resources Inc. (TSE:PXT) insider Leo Nicholas Distefano bought 10,000 shares of Parex Resources stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average price of C$17.12 per share, with a total value of C$171,200.00.

Shares of Parex Resources Inc. (TSE:PXT) opened at C$17.47 on Wednesday. The firm has a market capitalization of $2,700.00, a PE ratio of 41.60 and a beta of 0.65. Parex Resources Inc. has a 12-month low of C$12.19 and a 12-month high of C$19.86.

A number of equities analysts recently issued reports on PXT shares. Eight Capital raised their target price on Parex Resources from C$23.00 to C$30.00 in a research note on Monday, December 11th. Scotiabank set a C$27.00 price target on Parex Resources and gave the stock a “focus stock” rating in a research report on Thursday, January 11th. CIBC increased their price target on Parex Resources from C$22.50 to C$25.00 in a research report on Tuesday, January 23rd. Royal Bank of Canada increased their price target on Parex Resources from C$20.00 to C$24.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Finally, Canaccord Genuity increased their price target on Parex Resources from C$22.00 to C$24.00 in a research report on Friday, February 9th.

COPYRIGHT VIOLATION NOTICE: This report was published by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at

Parex Resources Company Profile

Parex Resources, Inc is a Canada-based oil and gas company. The Company is engaged in crude oil exploration, development and production in Colombia. The Company’s segments include Canada and Colombia. The Company, through its foreign subsidiaries, holds interests in onshore exploration and production blocks totaling approximately 1,870,120 gross acres.

Insider Buying and Selling by Quarter for Parex Resources (TSE:PXT)

Receive News & Ratings for Parex Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parex Resources and related companies with's FREE daily email newsletter.