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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 > PXT would probably be a $30 to $50 stock if it traded at the
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Post by CrazyTrader on Nov 20, 2024 3:30pm

PXT would probably be a $30 to $50 stock if it traded at the

same valuations as its peers.   P/E ratio here is crazy stupid, and remember EPS are in USD.  Translate that to CAD the P/E just gets even more crazy.  

Actually, PXT should be valued higher than its peers.   Its earning history far better that most out there.
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