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Bullboard - Stock Discussion Forum Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

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... see more

TSX:PXT - Post Discussion

Parex Resources Inc > Solid company / long-term track record!!
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Post by Panic54321 on Feb 04, 2024 10:13am

Solid company / long-term track record!!

Come on !!  Besides the political risk which it's always had.   

- debt - free balance sheet

- share count decreasing every year
through share buybacks
 

- very sustainable and low price environment.

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