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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 CrazyTraderon Dec 18, 2024 3:22pm
85 Views
Post# 36368767

Maybe this is the BIG negative that the market sees?

Maybe this is the BIG negative that the market sees?So, it seems the company spent over 1/2 Billion in each year 2023 and 2022 for "investing activies" (CapEx).   

Yet, production doesn't seem to have increased that much. 

Fruits of investment in 2022,2023 still to be blossem?  or has it already and current production is all we got from those investment?


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