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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 unc12345on Mar 19, 2024 10:29pm
154 Views
Post# 35942095

RE:Undervalued

RE:UndervaluedI agree, company gets no love for doing things right.  I personally am wondering about the benefit of all the stock buybacks.  I understand how they work but I'm wondering if a solid dividend increase would get the stock moving in the right direction.  I actually can't believe it's still in the low 20's with oil where it's at.  I've been in this one awhile...show me the money in dividends if the stock price isn't going to do anything.
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