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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 Jun 27, 2021 6:15pm
167 Views
Post# 33458022

RE:RE:RE:RE:Why would POU want to Own Nuvista?

RE:RE:RE:RE:Why would POU want to Own Nuvista?I'm not going to ascribe dollar value predictions to anything, plus I don't really see the point, but what I will say is I believe the numbers speak for themselves. POU has among the best: production per share, after debt production per share, highest oil/liquids production per share, highest free cash flow generation generation per share. To go along with a significant proven land base with top quality reserves. The best MGMT team in the business, driven by a world class CEO - who owns ~50% of the company. Factor in the likelihood of being close to debt free with the value of their investment portfolio very soon, potential 10 - 15% share float reduction by 2023. There's a reason this company was worth $60 and was a leader of the pack amongst the very best in industry during the last oil boom. In a ~$100 oil environment this is exactly the place you want to be, bar none. The market is only just starting to realize this. POU will go as high as oil prices will allow; how many companies can you say that about? IMOO. GLTA
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