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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 CrazyTraderon Jan 20, 2025 8:59am
44 Views
Post# 36411646

RE:NCIB

RE:NCIBHow do plans that issue shares to employees work?   

$2+ Billion been returned to shareholders so far, most of that though share buybacks.    You would think # of shares outstanding would go down much faster with that much of money spent.

How many shares issued over the years in total to employees?

And how in the past 2 or 3 years they blew through all that Cash?   Where did it all go?


Oil price is no longer a current big risk to me,   It's these 2 question that concern me.
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