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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...
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CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have entered into definitive agreements to consolidat...
2024-03-29 16:40:00 ET Ukraine is hitting Russian oil assets, sending shockwaves through the Brent Crude Oil Index in London — an oil price gauge responsible for 80% of global oil trades. In March, analysts at investment banking giant Morgan Stanley raised their oil price forecas...
2024-03-13 16:55:07 ET Premium content from Motley Fool Stock Advisor Canada The market’s attention right now is seemingly focused purely on buzzwords like “AI,” “the Magnificent Seven” and “crypto.” To us, thi...