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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 > I rather have the Dividend Cut than the company take on DEBT
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Comment by unc12345on Oct 23, 2024 10:20am
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Post# 36278396

RE:I rather have the Dividend Cut than the company take on DEBT

RE:I rather have the Dividend Cut than the company take on DEBTDisagree.  One of the the big positives of the company is lack of debt.  Right or wrong in terms of the metrics, that's the perception IMO.  If you take on debt AND you are operating solely in Colombia, you are asking for trouble. 
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