Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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

Paramount Resources Ltd

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Post by Longplayon Feb 10, 2018 10:00pm

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Post# 27540060

Lots of fancy numbers but the stock continues to drop

I'm just wondering if the 2017 4th quarter release and year end will shock everyone on how much the company didn't make. I would have guessed this stock should be trending up with all the big profit numbers until the release and then pop. However the opposite is happening which makes me believe that insiders are dumping because they have the bad release numbers already. I did some research last night, POU is the worst performer in it's sector and category as far as share price decline the past few months.

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