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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 > Asked my broker about pxt.to
View:
Post by cassius15 on Mar 21, 2024 11:41am

Asked my broker about pxt.to

His reply-

I had a look as I don’t follow it.
 
Looks like fair value around $27
Lower risk and nice yield
 
Lots of insider buying by individuals and the NCIB and ~50% institutional ownership.
 
Seems like all the right pieces in place.
Comment by masterthink on Mar 21, 2024 5:14pm
Fully agreed....yeah it@s true
Parex Resources Inc
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