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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 personalon Nov 08, 2022 10:50am
456 Views
Post# 35081945

RE:RE:Needed to say will buy back half shares OS in three years.

RE:RE:Needed to say will buy back half shares OS in three years.I agree, it just does not get any love at all.
PXT repurchased back 10% every year for 4 years, pays a nice dividend, no debt, all the things Eric Nuttal has been preaching and still nothing. Exit rate of 60,000 BOE , Brent pricing, etc.
Only drawback is it is in Columbia.
I would go private, let's get everyone to email management to convince them of that.
I know we are small investors. but let;s put the bug in their ear.
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