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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

Comment by Robertboblawon Jan 10, 2021 11:55am
98 Views
Post# 32263209

RE:RE:Healthy Place (350 Million in Adjusted Funds Flow)

RE:RE:Healthy Place (350 Million in Adjusted Funds Flow)Regardless, what's the story with your preoccupation with pou being debt free. They have industry wide healthy debt levels. Just look at tourmaline by comparison. Admittedly tourmaline is the best in class energy company right? Well we (pou) have a similar debt to equity ratio as tourmaline. Yes ok we have 1/3 assets of tou but also 1/3 the debt. We are among the healthiest balance sheets in Alberta oil and gas next to tou. There's absolutely no reason for pou to need to be debt free. None at all. If you're hoping for a quick ascension to $20 in the next 3 months or something. C'mon get real my guy. Just stay long.
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