Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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.

Bullboard (TSX:PXT)

View:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
Post by CrazyTraderon Dec 23, 2024 10:53am

Rare.... Where Buybacks seems to do support share price

Dollarama Inc (TSX:DOL) Stock Price Today, News, Quote & History | Stockhouse      This is the only company that I know so far where buybacks "support" share price.  ...more  
52
Post by CrazyTraderon Dec 23, 2024 9:32am

Taxloss Selling for 2 more days I guess.

After that, who knows?  Company been buying back like crazy past few years but the selling pressure continues.    $13 and selling still continues??   
28
Post by CrazyTraderon Dec 21, 2024 8:16am

You're Correct, need to factor in writedowns.. EPS $1.80 USD

$2.59 CAD guess for the year, and Book Value of $26.95 CAD end of year.   Cash Balance up a little more, Debt down further.   Still heavy on the Taxes.  By the way, anyone ...more  
114
Comment by tigris72pooon Dec 20, 2024 8:22pm

RE:Anyone like to Calculate INCREASE in Book Value based on

Get a grip Crazy! Remember that there is  probably going to be a writedown of reserves at year end because of the problems at Arauca and possibly underperformance of older fields.  I love ...more  
70
Discussion
Post by CrazyTraderon Dec 20, 2024 10:25am

Anyone like to Calculate INCREASE in Book Value based on

just buybacks alone for the year?  Not factoring in Profits.   I don't think it's much but it would be interesting to "see" the math.  
50
Discussion
Comment by CrazyTraderon Dec 20, 2024 9:46am

RE:With Reduce Share Count, share price will explode up when

That's $1.90 USD....     Man, it's confusing with PXT financials in USD.  
26
Discussion
Post by CrazyTraderon Dec 20, 2024 9:40am

With Reduce Share Count, share price will explode up when

oil price recovers.    In Fact, I'm guessing company will make for this year EPS of about $1.90.  
29
Discussion
Post by CrazyTraderon Dec 20, 2024 9:36am

Company is Profitable, so adding value to shares.

Company is buying back at way below Book Value, so adding value to shares.    Share Price is way below Book Value of about $26.85 CAD Near Zero Debt.... Yet, share price still dropping ...more  
52
Comment by CrazyTraderon Dec 20, 2024 9:17am

RE:My "Logic" mistake? Let's do a simple example.

This example changes my mind again about Buybacks.   Buy Buy Buy !!!!
27
Discussion
Post by CrazyTraderon Dec 20, 2024 9:13am

My "Logic" mistake? Let's do a simple example.

Company has a float of 10 shares.   Book Value per share currently $5.00.    Total "value" = $5x10= $50.   Situation #1.   Company buys back 10%, 1 ...more  
70
Discussion
Post by CrazyTraderon Dec 20, 2024 8:45am

Ya, Share Buybacks at $20+ was a mistake.

Even buying back at $13 barely makes it over "break-even", adding only about $0.85 cent of "value" per share bought back, and that's towards the total value not per share value ...more  
42
Comment by CrazyTraderon Dec 19, 2024 9:45am

RE:Share Price NOT that Undervalued for Buy Backs as

I'm not sure if I have a "logic" problem.  Is it $13.85 or $0.85  "added value" in my example?  I'm starting to think I'm "double" subtracting  ...more  
43
Discussion
Post by CrazyTraderon Dec 19, 2024 9:36am

Share Price NOT that Undervalued for Buy Backs as

demonstrated in my Book Value example.   With Book Value of around $26.85.  Share bought back at $13 results in the following.   $26.85 - $13 = $13.85  "added" ...more  
75
Discussion
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 ... Next
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
{{currentVideo.headline}}
{{currentVideo.link1Text}}
{{currentVideo.link2Text}}
< Previous
{{moreVideoText}}
Next >
Dealroom for high-potential pre-IPO opportunities