Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 09, 2024 8:18am
142 Views
Post# 36259023

Basically MASSIVE PROFITS and CASH FLOW has been

Basically MASSIVE PROFITS and CASH FLOW has been generated by current levels of production currently and in the past years.  Production seems fairly stable.  This is from existing producing wells.  

Makes no sense to me the market taking around a billion dollars of Market Cap off because of Arauca.  Arauca was going to add to existing production, not take away from it.   Existing production was generating massive cash flow and profits.   







<< Previous
Bullboard Posts
Next >>