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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 drunk@noonon Jan 14, 2025 9:07am
125 Views
Post# 36402913

fcf at $75 brent $245 cdn or 16.33 % yield.

fcf at $75 brent $245 cdn or 16.33 % yield. fcf at 70 brent 203 cdn 13.53% yeild. 10% dividend well supported. The hudge land package in the foothills will hopefully provide reserves for the next few decades. No more high risk big E prospects going forward is what we need. They are 0 for 6. And the last one was what? over 30 million US and had to be abandanded. 
Oh yeah, the free cashflow yeilds comes with no debt. Sick of these companies who yap about their FCF yeild, yet it would take 5 to 8 years of free cashflow to pay it off.
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