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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 Jan 17, 2025 6:06pm
78 Views
Post# 36409784

Does this mean we will get a DIVIDEND INCREASE?

Does this mean we will get a DIVIDEND INCREASE?If Buybacks stop (Eight Capital closing up shop) and oil prices are going up, does this mean dividends going up?

Right, 1/3 cash flow is for "shareholders return"...  If buybacks stop, that only leaves Dividends.


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