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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.


TSX:PXT - Post by User

Comment by 1condoron Sep 10, 2021 11:55am
187 Views
Post# 33840005

RE:RE:Acquisition Target?...

RE:RE:Acquisition Target?...I have held this stock in the past but find once it gets over 20 bucks it seems to run out of steam. It has had a nice bounce lately but again once it gets over 20 it just stalls...even when oil continues to climb. I cant help but think that it becomes a sell for traders over 20 which really isnt fair as the company on paper is one of the better ones out there..but then again hard to fight a stock trend.
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