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Parex Resources Inc V.PXT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  T.PXT | PARXF

Price: $7.37 | Change: $-0.41 | %Change: -5.27%
Volume: 258,886 | Day High/Low: 7.81/7.33 | 52 Week High/Low: 15.49/6.08
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0 stars

Brent Pricing

While I'm a little embarrassed to acknowledge that I added at $9+ a share I do think the current pricing for PXT is an excellent entry point. The content in the link below actually references today's...read more
0 stars

Its Alive!

Hopefully the bottom is in and PXT can get back to normal.  rate and reply
0 stars

RE:26 CDN. in...as i said to some a few days back..

wrong board... my mistake, disregard.  rate and reply
0 stars

26 CDN. in...as i said to some a few days back..

Should be an reasonable spot to look at accumulating as news should be around over the next month. Oil should have some kind of rally by week end. Looking for cheaper shares though..AGM coming up...read more
0 stars

RE:920 in... so am i.. for partial position.

Well done, let's hope this goes much higher. I have held this for a couple of years, so I have done really well, should go back to 15.00 if the oil price stabilizes here.  rate and reply
0 stars

920 in... so am i.. for partial position.

lets see if oil makes a bump up... fundamentals here very good by me...  rate and reply
0 stars

920 ...960

Good pricing point for me personally. Whipsaw type of market for oil, until certain things are settled and known for that matter.  rate and reply
0 stars

RE:RE:RE:RE:Very good news, by me..

Well, as I understood the news, theres a provision to change investment, if the value of brent is different than 85 dollars.. Brent likely a little lower than that for now, depends upon what the...read more
3 stars

RE:RE:RE:Very good news, by me..

And according to the latest NR, PXT will have FREE CF at US$150 million with BRENT at $85/bbl!  rate and reply
1.5 stars

RE:RE:Very good news, by me..

yes, very good news indeed. And the good news for PXT is also very good news for PTA too.  rate and reply
2.5 stars

RE:Cash Flow at $45 Net Back

Im not so convinced on your 4x cf.. However, I think that likely being one of the best in the so called breed, could again produce stellar results by year end 2015. I took 10 and 5 percent, and then...read more
2 stars

Cash Flow at $45 Net Back

Assume conservative 26,000 BOE production: 45x26000x365=427m  134.3m shares outstanding =3.18 cash flow per share 10.23/3.18 = 3.2xcash flow Still the best set of cash flow numbers around. 330m 2015...read more
1.5 stars

Good bump...

See if we stay close to the days high by the end of the day.  rate and reply
2 stars

RE:Guidance

I dont think the netback will be as low as you might think, dont think 60 but then again, im not in the 40 dollar a barrel camp either. Opportunity knocks in these times for companies with a well...read more
2 stars

Guidance

Guidance will be released today.  The news probably will not be received well.  All numbers will be down.  Netbacks will not be $61 nor $53.  They will be more around $40.  Drilling and exploration...read more
0 stars

RE:Very good news, by me..

Yes but the market is comprised of a bunch of fickle f@ckers.  We will see tomorrow and also on Friday.  Guidance is to be released on Thursday.......Time will tell.....  rate and reply
0 stars

Very good news, by me..

Lets see how the market reacts to the update. Reached top level of production guidance..  rate and reply
0 stars

RE:buying

Hard to say on the time and place of the turn in the trend of the price of oil. I would think some has to do with the costs of the marginal production in America, and whether or not the  conflict in...read more
0 stars

buying

Picked up 3000 shares today at $10.05.  Thank you very much seller.  Sure, the price of oil is low but it is not going to stay there.  This company has no debt and a great cash flow.  Q3 is due out...read more
0 stars

RE:Summary of Don Lato - BNN Top Pick

The only catch is the oil price. As with the cashflow, I am sure there will be additional acquisitions during 2015. One usually does that with a strong share price. I was nearly all in today, thanks...read more