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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 DrNo1962on Oct 09, 2021 6:09am
371 Views
Post# 33991464

RE:RE:RE:RE:F the dividend. Increase buy back to 16.66% and state....

RE:RE:RE:RE:F the dividend. Increase buy back to 16.66% and state....Even though PXT has been performing with sector of late it is still only back to where it was in 2018.... however, oil is somewhat higher and PXT has less debt and higher FCF.  PXT is a cash flow machine but >$70 is just ridiculous.  We should continue to run here at these prices going into earnings season IMO.
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