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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 > Book Value now around $27.07 CAD
View:
Post by CrazyTrader on Nov 06, 2024 12:20pm

Book Value now around $27.07 CAD

1,943,215,000/100,031,036 = $19.43 USD = $27.07 CAD
Comment by CrazyTrader on Nov 06, 2024 12:23pm
meanwhile company is Cash Flowing like Crazy, Profitable every year for past several years, near zero debt, and share price trading around $13 !!!    JUST CRAZY.