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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.


TSX:POU - Post by User

Bullboard Posts
Post by commodity16on Nov 27, 2014 10:23pm
262 Views
Post# 23172524

wow

wowPOU, among many others in the sector, is now sickly undervalued. A drop this harsh in the share price here is way overdone for a company such as paramount. With the growth transformation that's happening in this company right now, which much of the sales will be LNG and gas, going into the winter months...I see this is a ridiculous good buy right now. Not many LNG players of this size and growth around. Just too bad they didn't sell their stock positions they had in their investments portfolio. At a time like this they would have been way better off to cash out and dump the cash towards their debt. Like I said before I want to invest in POU for POU, not meg, or trilogy, etc...
Bullboard Posts