TSX:PXT (PAREX RESOURCES INC)

About PXT

Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.
  • PAREX RESOURCES INC (TSX: PXT) Latest News

    Energy Stocks

    Why Parex Resources Inc. Is the Best Way to Play the Rebound in Oil

    Confident that crude prices will rebound? Then Parex Resources Inc. (TSX:PXT) is one of the best opportunities to cash in…

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    The Motley Fool
    Energy Stocks

    Go Bargain Hunting in the Patch with Crescent Point Energy Corp., Lightstream Resources Ltd. and Parex Resources Inc.

    The crude price crunch has created a once in a life time opportunity for investors to acquire quality companies in…

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    The Motley Fool
    Energy Stocks

    2 Canadian Oil Plays Offering Solid Potential Upside

    Take advantage of the softness in energy stocks by investing in Parex Resources Inc. (TSX:PXT) and Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE).

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    The Motley Fool
    Energy Stocks

    The Only 3 Oil Stocks You’ll Ever Need for a Diversified Energy Portfolio

    Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ), Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) and Parex Resources Ltd. (TSX:PXT) stand above the rest as…

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    The Motley Fool
    Investing

    Hunting for Value Among Independent Oil and Gas Companies Listed on the TSX

    Finding value among oil companies right now doesn't have to be hard. The likes of Crescent Point Energy Inc. (TSX:CPG)(NYSE:CPG),…

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    The Motley Fool
    Investing

    4 Reasons Why I Remain Bullish on Stocks

    Depsite the naysayers, it is still time to invest in Canadian stocks, with Suncor Energy Inc (TSX:SU)(NYSE:SU), Manulife Financial Corp.…

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    The Motley Fool
    Investing

    Parex Resources Inc. Offers Better Upside Compared to Its Oil Patch Peers

    Parex Rsources Inc.'s (TSX:PXT) oil production weighting and benchmark pricing give it plenty of upside compared to its domestic peers.

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    The Motley Fool
    Investing

    How Will Surging U.S. Oil Production Impact Investors?

    The U.S. is now the world's largest oil producer. What does this mean for the oil patch, and for your…

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    The Motley Fool
    Investing

    3 Reasons Why Crude Prices Will Normalize

    The recent crisis in Iraq has led to a shift in oil prices, so investors should act quickly before they…

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    The Motley Fool
    Investing

    Why Canadian Investors Should Care About the Election Controversy in Colombia

    The outcome of the upcoming presidential election in Colombia could have some very strong effects on Canadian oil producers.

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