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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 > Company is Profitable, so adding value to shares.
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Post by CrazyTrader on Dec 20, 2024 9:36am

Company is Profitable, so adding value to shares.

Company is buying back at way below Book Value, so adding value to shares.   
Share Price is way below Book Value of about $26.85 CAD
Near Zero Debt....

Yet, share price still dropping?
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