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Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
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

Parex Resources Inc > Arauca, What Happened? Someone please translate what Eric
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Comment by CrazyTraderon Oct 02, 2024 4:51pm
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Post# 36250676

RE:RE:RE:Arauca, What Happened? Someone please translate what Eric

RE:RE:RE:Arauca, What Happened? Someone please translate what EricThank you Lurker11.    It seems the market has written Arauca off, taking almost Billion dollars off the market cap.   I know very little about oil, but it seems to me an over reaction even if Arauca is written off by the company.

I added at the end of the day today.   I now have a very significant holding. 

If the company can maintain the dividend, that's almost 13% yield for me.  
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