PXT:CC News and Press, Parex Resources Inc. From 01/19/23

Every month, we ask our freelance writer investors to share their best stock ideas with you. Here’s what they said. [Just beginning your investing journey? Check out our guide on how to start investing in Canada .] 10 Top TSX Stocks for January 2023 (Smallest to Largest) ...

Parex Resources ( TSX:PXT ) is a value stock that pays a nice dividend and could work well as a satellite holding in a diversified portfolio . It is an oil-weighted producer that’s headquartered in Calgary, but its operations are in Colombia. Therefore, it benefits from premium B...

CALGARY, Alberta, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the Company commencing a normal course issuer bid ("Bid"). Pursuant to the B...

Here are a couple of stocks that are worth doubling your shares in. One insanely cheap energy stock The market has favoured energy stocks this year, but not Parex Resources ( TSX:PXT ). The energy sector, using iShares S&P/TSX Capped Energy Index ETF as a proxy, delivered ...

CALGARY, Alberta, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce a fulsome business update, alongside its 2023 budget and guidance. The Company is hosting a capital markets day, which will be presente...

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogotá, Colombia. The presentation will focus on...

If you don’t want to take any risk, you might consider parking cash in a Guaranteed Investment Certificate (GIC) for safety of your principal and an interest rate of about 5%. If you’re sitting on cash that you don’t need for a long time and are willing to take some ris...

CALGARY, Alberta, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended September 30, 2022, as well as the declaration of its Q4 202...

CALGARY, Alberta, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) announced an operational update inclusive of crude oil discoveries. Also announced is the completion of purchases under its current normal course issuer...

Value stocks are recognized by their low multiples, with the price-to-earnings (P/E) ratio being the most popular metric for valuation comparison. The big Canadian bank stocks tend to have reasonable P/E’s, pay out nice dividends, and grow at stable rates of 5% or greater annuall...