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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 > Hey board, how about strategy shift?
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Comment by tigris72pooon Jun 26, 2022 10:28am
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Post# 34782994

RE:Hey board, how about strategy shift?

RE:Hey board, how about strategy shift?Buying back shares at ridiculously low prices makes it possible to pay higher dividends down the road as there will be fewer shares outstanding.  I love the current strategy.  
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