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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

Comment by traderlong2on Nov 18, 2024 3:55pm
38 Views
Post# 36318614

RE:RE:Shorts

RE:RE:Shorts
You and me Both !!!
I think its 22 bucks without the hit at Big E
it was 26 and change
they knocked less than 10 k bpd
but they also knocked off all the capex that went with that field
the take down of the sp was way over done
there are lots of things that can and will blow this up
increase in BPD
hit on big E
reducing float
oil price (whats 49000 BPD worth if oil goes back to 90ies )
love no debt
and great management
fun times ahead
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