Parex Resources (TSE:PXT) Director Curtis Darrell Bartlett sold 100,000 shares of Parex Resources stock in a transaction on Friday, May 11th. The stock was sold at an average price of C$23.33, for a total transaction of C$2,333,000.00.

Curtis Darrell Bartlett also recently made the following trade(s):

  • On Tuesday, April 17th, Curtis Darrell Bartlett sold 34,600 shares of Parex Resources stock. The stock was sold at an average price of C$20.00, for a total transaction of C$692,000.00.
  • On Tuesday, April 10th, Curtis Darrell Bartlett sold 22,285 shares of Parex Resources stock. The stock was sold at an average price of C$19.08, for a total transaction of C$425,197.80.
  • On Tuesday, March 27th, Curtis Darrell Bartlett sold 38,700 shares of Parex Resources stock. The stock was sold at an average price of C$18.60, for a total transaction of C$719,820.00.

PXT opened at C$23.40 on Thursday. Parex Resources has a fifty-two week low of C$12.19 and a fifty-two week high of C$23.92.

Parex Resources (TSE:PXT) last posted its quarterly earnings results on Monday, March 5th. The company reported C$0.44 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.40 by C$0.04. The business had revenue of C$203.93 million during the quarter, compared to the consensus estimate of C$250.52 million. Parex Resources had a return on equity of 26.07% and a net margin of 30.38%.

A number of research firms have recently weighed in on PXT. Scotiabank reissued a “focus stock” rating and set a C$30.00 target price on shares of Parex Resources in a report on Wednesday, May 9th. Canaccord Genuity lifted their target price on Parex Resources from C$24.00 to C$25.00 in a report on Wednesday, April 11th. GMP Securities lifted their target price on Parex Resources from C$30.00 to C$31.00 in a report on Wednesday, May 9th. Finally, CIBC lifted their target price on Parex Resources from C$22.50 to C$25.00 in a report on Tuesday, January 23rd.

About Parex Resources

Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 1,574,279 gross acres. As of December 31, 2017, it had proved plus probable reserves of 162.236 million barrels of oil equivalent.

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

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