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 > Heavy in POU

<< Previous

Bullboard Posts

Next >>

Comment by Raymondjameson Mar 03, 2021 7:23pm

150 Views

Post# 32711391

RE:RE:RE:Heavy in POU

Stiffel - raised target from $11.50 to $14. They note the hedges are a drag on the 2021 view but that the business model and improvement are second to none. You don't raise the price target if you think pou can't overcome the hedges. Again - I'm not happy with the hedges but understand why they were put in place. We all had a near death experience but pou comes out stronger.

The best in class on hedging was Delphi ...,but it went under.

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity