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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
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Post by CrazyTraderon Nov 21, 2024 11:48am
43 Views
Post# 36323954

I just don't see much RISK here.

I just don't see much RISK here.Biggest Risk is Oil Prices Crashing.  Looking back at 2020 at PXT financials and share price it seems PXT can handled it fairly well..........   

As for production.... it seems year over year fairly stable.   Hit some big "E" and off we go, if not, steady as she goes.   

What other significant risk????   

I just don't see much risk here. 


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