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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Comment by MaterialsManon Aug 23, 2024 7:33pm

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Post# 36194244

RE:POU the Rock

POU definitely checks all the boxes.
You may well be correct in saying it's the cheapest energy stock in North America.
Unfortunately, that has been the case for quite some time.
For all practical purposes, the SP hasn't budged in about two years.
What is holding it back?
Good thing it pays a fairly decent dividend. Otherwise, this would be like leaving your money in a savings account bearing no interest.
What is it going to take?

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