TSX:PXTOil and Gas
Why Parex Resources (TSX:PXT) Is Getting Fresh Attention
Parex Resources (TSX:PXT) has drawn fresh attention after its dividend yield moved above 6%, largely because of a weaker share price. At the same time, investors are questioning production strength and the single country risk in Colombia.
Recent trading has been more supportive, with a 13.53% 1 month share price return and a 54.59% share price return year to date at CA$28.94. The 1 year total shareholder return of 79.65% shows how much of the payoff has come from both price gains and...