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 > POU the Rock

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Post by MyHoneyPoton Aug 22, 2024 10:12am

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Post# 36191630

POU the Rock

Oil demand is solid and the USA needs to fill its reserve.

I picked up more POU to add to my holdings the stock is oversold, and with volumes ramping up in Q4 and new plant coming on in 2025, a strong investment with no debt and tons of equity on the balance sheet.

POU does not evaporate capital with share buybacks, they invest it in their business finding oil and gas. Almost half of their 2024 budget is direct toward future production gain.

Cheapest energy stock in North America.

MHP

IMHO

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