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 > Analysts

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Comment by Barnbeezeeeeeeon Mar 08, 2024 1:20pm

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Post# 35923133

RE:RE:Analysts

Definitely disappointing results. Lowered guidance by 9000 boe/pd is huge. Pou now needs $80 bbl to pay its dividend and fund its budget for 2024. Something has got to give. I know Pou has a fairly low share count but another thing that bothers me is that it seems there is another outstanding million shares every time I blink. I think 2024 is going to be a wash.

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