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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.

TSX:PXT - Post Discussion

Parex Resources Inc > Price
View:
Post by Steve33 on Jul 23, 2021 11:10am

Price

Why is this trading at 19 dollars. Especially when they announced a dividend. Seems to good to be true. They have no debt and are buying back shares. I'm spreading the word to friends.
Comment by ROIcrusader on Jul 23, 2021 12:35pm
Some interesting metrics from Eric Nuttall; his latest appearance on BNN is worth a watch. He talks about how changes in compensation for oil execs is driving exploration spending etc etc and how that sets up a multi year bull market in oil resulting in $100+ oil. 
Parex Resources Inc
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