Parex Resources Inc T.PXT

@ the Bell: Despite a deep divide, the TSX comes out on top

[Jonathon Brown]

Canada’s main stock index was volatile Thursday, but thanks to an industrials, utilities and energy market surge, the TSX closed in the green. read article.

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[PressRelease]

CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it plans to release its Q1 2024 financial and operating results on Wednesday, May 8, 2024, hold its Annual General and Special Meeting of Shareholders on...read article.

[drunk@noon]

the O&G companies he invests in have 1 in 10 success rates on their exploratoin wells. Keep up the good work, Rockhead,

[drunk@noon]

more suitable name.  Here is what he added to the dicussion  "That's the nature of exploring! 1 in 10 , can  be expected !" From his statement one thing is clear, when it

[drunk@noon]

pipleines aren't. The fact they have a hudge landbase with a pipeline right there with quick lowcost tie-in to a major pipeline is were the value lies. Even more important the price of nat gas is

[drunk@noon]

conference call. They had the head of ecopetrol their an everything. This was last year before the first of the failed BIG E (exploration/dry hole program.) What ever happened to the 3rd big E well

[PressRelease]

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have entered into definitive agreements to consolidate their position along the Llanos...read article.

[pwig01]

Colombia to loosen regulation for gas exploration, supply in short term 04/10/24 - 09:21 PM ET - Reuters CARTAGENA, April 10 (Reuters) - Colombia will look to loosen

[rockoil29]

That's the nature of exploring! 1 in 10 , can  e expected ! Adding up all the exploration costs against one producer often times makes it a losing game! 

[rockoil29]

I suspect that being in Columbia may scare some investors off , just a guess! 

[drunk@noon]

these Big E exploration wells. Think they are O of 6  over the last couple of years.  The Big Miss exploration wells might be more apprapos.

[drunk@noon]

as in, his picks like BTE, CPG and PD, don't take into account you would have to apply their estimated free cashflow for approx the next 3 years to eliminated debt, while companies like PXT, PHX

[masterthink]

Be patient my uncle....it@s coming@

[masterthink]

Be patient my uncle....it's coming 

[unc12345]

I fully understand the concept of stock buybacks, but the point was..the company seems to get no credit for doing them, and for having no debt, over several years now.

[tigris72poo]

buying back stock at such a huge discount (4 x P/E) will enable PXT to pay higher dividends in the future.  They should do a Dutch Tender for 10% of the company like GPRK