Parex Resources Inc T.PXT

Count

[traderlong2]

The updated count makes me smile for oct 30th
another 660 for Nov will take it to 98.68
Dec 98 even
Ex date will come fast
should be lots of fireworks on the way back to the 20ies
it should climb until yield is under 7% that equals above 22 bucks
glta

Dividend	0.3850
Dividend Frequency	Quarterly
Dividend Yield	10.19%
Dividend Pay Date	16 Dec 2024
Ex-Dividend Date	09 Dec 2024
Shares Outstanding	99.341M

[JoeBravo1]

Yes, 7% would still be a very attractive Yield, but I think that if the current Big "E" well Arantes is a success, the $22 per share and 7% annual Yield will be a side note. With added revenues and reserves from this potential discovery, the $22 could be and understatement. I think that once Parex builds their reserves, either with a potential new discovery, or from their planned

[CrazyTrader]

Ya.... Dividend Payout is very conservative.   A lot of cash flow is going towards buybacks and CapEx.   Dividend could EASILY be increased if buybacks or capex reduced or if oil price goes up or if hit on Big E and production goes up.   7% isn't 7%..... this is going pass $22.   All just my opinion/view/thinking