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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

Post by Whampoaon Jun 20, 2022 2:10pm
448 Views
Post# 34769286

Hey board, how about strategy shift?

Hey board, how about strategy shift?With the change in gov, perhaps PXT can consider a swift shift in strategy. 

Forget using $$ buying back shares, instead funnel $$it  straight thru monthly dividends.

The share price will probably fall to some new support level reflecting heighten nationalization risk and carry a high yield.


IMHO
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