Parallel Energy Trust (PEYTF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Parallel Energy Trust (PEYTF) trades at $0.000001. Parallel Energy Trust filed for bankruptcy on November 9, 2015. The company was involved in oil and gas exploration and production. Sector: Energy.
Price as of Aug 21, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for PEYTF: PEYTF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates PEYTF against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
PEYTF: 3/3 scored disciplines lean bearish. Dominant signal: Ray Dalio bullish.
How is this calculated? →Parallel Energy Trust (PEYTF) Energy Operations & Outlook
Parallel Energy Trust, formerly an oil and gas exploration and production company based in Calgary, filed for bankruptcy in 2015. With a high beta of 424.55, the company's stock, trading on the OTC market, reflects significant volatility and speculative interest despite its financial difficulties.
What Is the Investment Thesis for PEYTF?
Investing in Parallel Energy Trust (PEYTF) presents a highly speculative scenario due to the company's bankruptcy filing in 2015. The company's current market capitalization is effectively zero. The stock trades on the OTC market, indicating a high degree of risk and limited liquidity. While the company's historical operations focused on oil and gas exploration and production, the bankruptcy filing suggests a lack of viable assets or ongoing business operations. Potential investors should be aware that any investment in PEYTF carries a substantial risk of total loss. The high beta of 424.55 further underscores the stock's extreme volatility. There are no apparent growth catalysts or value drivers at this time.
Based on FMP financials and quantitative analysis
PEYTF Key Highlights
Parallel Energy Trust filed for bankruptcy on November 9, 2015, indicating severe financial distress.
- The company's market capitalization is $0.00B, reflecting its lack of value in the market.
- The stock's beta of 424.55 indicates extremely high volatility compared to the overall market.
- Parallel Energy Trust's operations focused on oil and gas exploration and production before bankruptcy.
- The company's headquarters were located in Calgary, Canada, with 54 employees at the time of bankruptcy.
Who Are PEYTF's Competitors?
PEYTF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TTGXF Trans Canada Gold Corp. | $0.09 | -0.76% | $5.17M | 64 |
| MXC Mexco Energy Corporation | $9.87 | +8.34% | $20.2M | 72 |
| VOC VOC Energy Trust | $3.36 | -0.59% | $57.1M | 59 |
| CRT Cross Timbers Royalty Trust | $10.50 | -0.38% | $63.0M | 69 |
| NRT North European Oil Royalty Trust | $8.66 | -0.80% | $79.6M | 87 |
| CSTPF Arrow Exploration Corp. | $0.38 | -0.30% | $108M | 59 |
| DTNOY DNO ASA | $18.54 | +0.00% | $181M | 66 |
| CNPRF Condor Energies Inc. | $3.18 | +0.00% | $255M | 63 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are PEYTF's Key Strengths?
N/A: Given the bankruptcy, there are no strengths.
What Are PEYTF's Weaknesses?
Bankruptcy filing in 2015.
- High debt levels.
- Declining commodity prices.
- Lack of financial stability.
What Are the Key Risks for PEYTF?
Bankruptcy proceedings pose a significant risk to any potential investment in Parallel Energy Trust. The outcome of the bankruptcy may result in complete loss of investment.
- The company's lack of financial disclosure increases the risk of investing in PEYTF. Without reliable financial information, it is difficult to assess the company's true value and prospects.
- The low trading volume and liquidity of PEYTF stock make it difficult to buy or sell shares without significantly impacting the price. This increases the risk of losses for investors.
- The high beta of 424.55 indicates that PEYTF stock is extremely volatile. This increases the risk of significant price swings and potential losses for investors.
What Are the Growth Opportunities for PEYTF?
- N/A: Given Parallel Energy Trust's bankruptcy filing in 2015, there are no viable growth opportunities for the company. The company's assets and operations have likely been liquidated or acquired by other entities. Any potential future growth would require a complete restructuring and a new business plan, which is not currently evident. The market for oil and gas exploration and production remains active, but Parallel Energy Trust is no longer a participant.
- N/A: There are no growth opportunities.
- N/A: There are no growth opportunities.
- N/A: There are no growth opportunities.
- N/A: There are no growth opportunities.
What Opportunities Does PEYTF Have?
- N/A: Given the bankruptcy, there are no opportunities.
What Threats Does PEYTF Face?
- Continued low commodity prices.
- Lack of access to capital.
- Regulatory changes.
- Environmental concerns.
What Are PEYTF's Competitive Advantages?
- N/A: Given the bankruptcy, there is no competitive advantage or economic moat.
What Does PEYTF Do?
Parallel Energy Trust was an oil and gas exploration and production company headquartered in Calgary, Canada. The company focused on acquiring, exploring, developing, and producing oil and natural gas reserves. Parallel Energy Trust aimed to create value through strategic acquisitions and efficient operations in the energy sector. However, the company faced significant challenges, including declining commodity prices and increasing debt. These factors ultimately led to Parallel Energy Trust filing for bankruptcy on November 9, 2015. At the time of its bankruptcy filing, Parallel Energy Trust managed its operations with a team of 54 employees. The company's bankruptcy marked the end of its operations as an independent entity in the oil and gas industry. The company's history reflects the volatile nature of the energy sector and the risks associated with oil and gas exploration and production. The company's failure underscores the importance of financial stability and risk management in the energy industry.
What Products and Services Does PEYTF Offer?
- Explored for oil and natural gas reserves.
- Developed oil and natural gas properties.
- Produced oil and natural gas.
- Acquired oil and natural gas assets.
- Managed oil and gas operations.
How Does PEYTF Make Money?
- Acquired oil and gas properties.
- Explored and developed these properties.
- Sold the produced oil and gas to generate revenue.
What Industry Does PEYTF Operate In?
Parallel Energy Trust operated within the oil and gas exploration and production industry, a sector characterized by cyclical commodity prices and high capital expenditure requirements. The industry is highly competitive, with companies ranging from large integrated oil companies to smaller independent producers. Market trends include increasing demand for energy, growing focus on renewable energy sources, and fluctuating oil and gas prices. Parallel Energy Trust's bankruptcy reflects the challenges faced by smaller companies in this industry, particularly during periods of low commodity prices. The competitive landscape includes companies such as ExxonMobil and Chevron, as well as smaller, regional players.
Who Are PEYTF's Key Customers?
- Oil and gas purchasers.
- Refineries.
- Energy companies.
PEYTF Latest News
No recent news available for PEYTF.
PEYTF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for PEYTF.
Price Targets
Wall Street price target analysis for PEYTF.
PEYTF MoonshotScore
What does this score mean?
The MoonshotScore rates PEYTF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Richard M. Alexander CA, CMA
CEO
Richard M. Alexander served as the CEO of Parallel Energy Trust. His credentials include CA (Chartered Accountant) and CMA (Certified Management Accountant) designations, indicating a strong background in finance and accounting. He was responsible for managing the company's overall operations and strategic direction. His experience likely included financial planning, risk management, and investor relations. Prior to his role at Parallel Energy Trust, Alexander likely held various leadership positions in the energy sector or in financial management.
Track Record: During his tenure, Parallel Energy Trust faced significant financial challenges, ultimately leading to the company's bankruptcy filing in 2015. The company's failure to navigate the challenging market conditions and maintain financial stability reflects negatively on his leadership. Key decisions during his leadership likely included acquisitions, capital expenditures, and debt management. The bankruptcy filing represents a significant setback for the company and its stakeholders.
PEYTF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Parallel Energy Trust may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited information available to investors and may be subject to greater risks. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies face less stringent regulatory oversight and may not be required to file regular financial reports with the SEC. This lack of transparency can make it difficult for investors to assess the company's financial health and prospects.
- OTC Tier: OTC Other
- Limited financial disclosure.
- Low trading volume and liquidity.
- High price volatility.
- Potential for fraud or manipulation.
- Bankruptcy status.
- Verify the company's current legal status.
- Review any available financial statements.
- Assess the company's assets and liabilities.
- Evaluate the company's management team.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor.
- Research the company's history and any past legal issues.
- N/A: Given the bankruptcy, there are no legitimacy signals.
Common Questions About PEYTF (Energy)
What does Parallel Energy Trust do?
Parallel Energy Trust was an oil and gas exploration and production company focused on acquiring, exploring, developing, and producing oil and natural gas reserves. The company aimed to create value through strategic acquisitions and efficient operations. However, the company filed for bankruptcy in 2015 due to financial challenges, including declining commodity prices and increasing debt.
What do analysts say about PEYTF stock?
Given Parallel Energy Trust's bankruptcy filing in 2015, there is no current analyst coverage of the stock. The company's financial distress and lack of ongoing operations make it unlikely that analysts would provide recommendations or price targets. Any historical analyst reports would be outdated and irrelevant. Investors should not rely on any past analyst opinions when considering an investment in PEYTF.
What are the main risks for PEYTF?
The main risks for Parallel Energy Trust stem from its bankruptcy filing in 2015. Investing in a bankrupt company carries a substantial risk of total loss. The company's assets may be liquidated to pay off creditors, leaving little or no value for shareholders.
What are the key factors to evaluate for PEYTF?
Evaluate PEYTF on fundamentals, analyst consensus, and risk factors. Investing in Parallel Energy Trust (PEYTF) presents a highly speculative scenario due to the company's bankruptcy filing in 2015. Not financial advice.
How frequently does PEYTF data refresh on this page?
PEYTF's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven PEYTF's recent stock price performance?
Parallel Energy Trust (PEYTF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: N/A: Given the bankruptcy, there are no strengths. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider PEYTF overvalued or undervalued right now?
Parallel Energy Trust (PEYTF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research PEYTF before investing?
Before investing in Parallel Energy Trust (PEYTF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be limited due to the company's bankruptcy filing.