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 MyHoneyPoton Apr 25, 2022 10:07am

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Post# 34628652

June Natural Gas Futures $6.75 U.S.

The best balance sheets in the entire market resides in Oil and Gas stocks, not to mention the best FCF yeilds based and share prices.

These pullbacks are noise, and $6.75 U.S. = $8.43 Mmcf or 51.84 a boe/Can for Gas

Well most companies have gas projections with gas a $2.77 Can - $5.11 Canadian (POU)

They are just dripping cash here, and maybe some will buy back shares, but since POU is paying a decent dividend, its not the painful to hang in here. It is not like past days where you don't get paid for holding the stock.

This is a half price buying opportunity for the stock.

IMHO

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