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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 CrazyTraderon Oct 03, 2024 9:54am
132 Views
Post# 36251477

I was down ~40% on BPO but continue to hold because I was

I was down ~40% on BPO but continue to hold because I wasgetting paid crazy amount of Dividends.   BPO were Prefers so a little different from PXT, but I don't think PXT will cut/reduce the dividend.   In fact, I would not be surprised if they increase the dividend again some time in the future, especially if oil price takes off.   


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