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

Bullboard Posts

Comment by CashGreenGoldon May 10, 2019 3:57pm

58 Views

Post# 29735948

RE:Free Cash Flow is King....

"POU at year end will have FCF of 400 million"

How do you figure that?

They put up 100mm FFO in Q1 on some of the strongest NG prices that we've seen in a while. Rest of the year will not be as good, but hedging will help.

Let's say they put up another 100mm per qtr FFO for the rest of 2019.

that's 400mm FFO, not FCF.

Then there is a $360mm capex program...

So FCF is actually about 40mm... not 400mm. Did you add a zero? lol

This company is the the most overpriced, high cost name in the CDN EP space.

I own a small cap with 20% of the market value that wil put up almost double the FCF... how does that value spread work lol. This thing is a pile.

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