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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 Jul 25, 2021 2:14pm
99 Views
Post# 33602190

RE:mhp

RE:mhpGems, TOU is an excellent company and a fantastic investment. Good for you for owning shares in that company. I'm willing to bet though that your prediction of TOU generating 7X the FCF of POU in 2022 is off base. When all is said and done for 2022, I'm gonna say TOU might generate 2.5X the fcf of POU. Which is still fantastic considering they are 80% NG weighted. But also considering they should have almost 2X the share float of POU and slightly higher debt levels by that time, I'm gonna say those two will be neck and neck on a share for share basis by the end of 2022. Also, if oil prices heat up next year, look out, cause the last time oil prices took off, POU gave TOU a run for their money in terms of share price. I could easily see something similiar happening again in the next couple years (should commodity prices allow it). GLTA
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