- Parex Resources has the ability to generate double-digit shareholder returns with its continued cash flow.
- The company is investing heavily in its future growth but it's betting on $60+/barrel Brent for the year to see that pan out.
- The company's exploration capital can help it maintain higher long-term production.
- We would like to see the company continue buying back mid-to-high single digit % worth of shares annually.
- The company has the ability to continue driving long-term double-digit shareholder returns.
For further details see:
Parex Resources Bets On Growth