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Bullboard - Stock Discussion Forum 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 Discussion

Parex Resources Inc > New holder
View:
Post by Windsorman on Jul 17, 2024 4:51pm

New holder

Brent oil up 1.7% to  $85.15. WCS down. Tired of losing money in Cdn oil stocks. This company has growing production and has bought back shares and reduced debt. I'll buy more on a dip. Don't count on a rate cut soon Not even in Canada) GLTA
Comment by khyber2 on Jul 20, 2024 2:04pm
Hi, I wholeheartedly agree, they receive Brent oil prices in U s Dollars, plus they are buying back shares constantly, plus they are nowhere near the fires that are raging in western Canada { being in Columbia, where things have calmed down} and pay a fantastic divi. I' m also buying more. Analysts target price is from $ 29.00 to $ 33.00, I can wait. GLT to all longs, The Khyber
Comment by unc12345 on Jul 31, 2024 2:35pm
Long time holder here.  The problem is that all the positives have existed for quite some time but the shares just can't seem to gain any traction.  I'm patient and getting my dividend, but we need a move.
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