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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

Post by Robertboblawon Jan 05, 2021 9:22pm
272 Views
Post# 32230115

2022 Early predictions

2022 Early predictionsMy valuation (fair value assumptions based on; no more no less) If we are in a $65 To $70 WTI (any higher completely nullifies this valuation btw) prince range in the next two years and if we are at 82,500 to 85,00 BOEs then I believe: There is $1.7 billion in equity in POUs balance sheet; I'm going to call that $2 billion even to add a premium for assets that have been written down in the last few years that will have value again in a higher oil price environment. Then I'm going to Add a minimum of $300 to $400 million for the future value of their speculative investments in strath, nuvista meg pipestone and whatever other investments they may have. yes their worth way more than what's currently being reported on their Balance sheet with higher oil prices 2 years from now. You could easily add more value for fox drilling , cavalier oil sands etc etc but im happy with that and since i used their equity number, i figure its already built into it. Also Since I used equity I don't have to subtract any debt from this since it's already deducted to arrive at equity. Sum it up roughly call it ~$2.5 billion in value for shareholders. Divided 130 millionish shares = ~$20 per share. My exit price hopefully 2022 is that. Oil prices cooperate and spending targets achieved this is 100% attainable IMHO
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