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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 tigris72pooon Aug 15, 2022 1:53pm
678 Views
Post# 34897050

RE:Hate being that Guy... But I told you this would happen.

RE:Hate being that Guy... But I told you this would happen.If they increased your taxes and royalties and told you they won't give out more exploration acreage  what would you do?  Especially if you were sitting on US $392 million and trading at 4x Net Income ?

I would keep increasing the dividend and buying back my stock, that's what I'd do.  Until the next election.
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