Post by
fishcarrier on Jan 28, 2022 1:01pm
I bought back in today.
The price is a little steeper, but I did want some oil stocks, and this one is still the best one around. No debt. High returns for their oil. Promise of a special dividend. Share buybacks. Only thing not to like is possible issues in Columbia. But those are not that imminent, seems to me.
I hear they bought quite a few more acres to explore, and lots of places to drill for now, and they are drilling. This gives hope of increased prodution. I'm here for a while.
Comment by
rawcolt4545 on Jan 31, 2022 10:27am
Can't really lose trading PXT because it's always way undervalued.
Comment by
fishcarrier on Jan 31, 2022 4:37pm
I don't disagree...:). But it's pretty close to an all-time high - as it should with a constantly lower number of shares, and an all-time (?) high price of oil. GO PXT!
Comment by
personal on Feb 02, 2022 9:10am
I agree I don't look at the share price I look at the total market capitalization of the company since the company has been buying 10% of the shares the last number of cup years the stock should probably be $40 this year