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Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena. All of the Company's oil production and 87% of the oil, natural gas and natural gas liquids (NGL) proved plus probable reserves are located in the Llanos Basin of Colombia with the remaining oil reserves and production located in the Magdalena Basin of Colombia.


TSX:PXT - Post by User

Parex Resources Inc
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(5597)
•••
Post by retiredcfon May 08, 2021 7:30am
358 Views
Post# 33159212

Stockchase Insights

Stockchase Insights
BUY
 
Parex Resources Inc.
(PXT-T)
May 7, 2021
 
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has $330M net cash and buying back lots of shares. The stock is very cheap at 7x earnings. The leverage to oil is positive. Could buy up to a mid-sized position now. 
 
OIL/GAS
Stockchase Insights 
 
Price
$22.090
Owned
_N/A
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