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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 ol_grizon Nov 09, 2024 10:14am
110 Views
Post# 36304594

Just got a round tuit

Just got a round tuitreading the report this a.m. not so much because I was busy but because I was not worried in the least about the company and the quarterlies confirmed my faith.  Auraca was a one off, certainly surprising but no stake to the heart. 

Cash, buybacks, guidance, prospects, divvy, fair value, you name it, this co. showed it. The big drop was shorty taking advantage of a stinker and retail divhounds panicking.  I expect we will be back in high teens soon - before Xmas if tax-loss selling doesn't hurt us or Spring otherwise.
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