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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

Post by Konaboyon Dec 22, 2022 5:46pm
230 Views
Post# 35188198

This board ...

This board ...Is starting to look like MHPs personal affirmation diary.

I requested a wakeupcall, nobody told me about the asset sale, this is good.  NVA is still on the books, still no love, it's basically considered to be a reserve I think, a non liquid asset subject to the same market forces as the holding company.

POU is getting into the same category as a growing number of other players that are going to push out a nice 7-10 percent dividend, but Mr market is just not rewarding these companies.  Strange days.

With multiple to choose from in the category, I think investors are going to be looking for the best upside torque as a differentiator, and I'm just not seeing these guys stack up.

Time to warm up the spreadsheet and look at production cost numbers again.
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