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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 17, 2021 1:46pm
212 Views
Post# 33878285

RE:RE:RE:RE:RE:RE:Strong Day...

RE:RE:RE:RE:RE:RE:Strong Day...DrNo1962...actually PXT does not trade big in "both directions". This stock has a tendency to underperform on the big upside days in the sector and takes a bigger hit on down days. That is why the stock continues to be an underperformer. The company does have a lot going for it...but I suspect most investors (including myself) recognize this pattern...most notably the pullback every time the stock gets into the low twenties.
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