Added to YB: 2024-07-18
Pitch date: 2024-07-12
PXT.TO [bullish]
Parex Resources Inc.
-1.62%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia.
Market Cap
CAD 781.0M
Pitch Price
CAD 18.53
Price Target
N/A
Dividend
13.58%
EV/EBITDA
1.09
P/E
13.33
EV/Sales
0.69
Sector
Oil, Gas and Consumable Fuels
Category
growth
Show full summary:
ClearBridge Canadian Equity Strategy holding - Parex ($PXT.TO)
PXT.TO: Colombian oil/gas producer, Ecopetrol partner. Strong FCF, ongoing buybacks, attractive dividend. Arauca well's first production boosts confidence in reserves growth & production revival. Bullish on cash generation & exploration success potential.
Read full article (1 min)