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.

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Paramount Resources Ltd > I need to avg cost down

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Comment by MaterialsManon Aug 26, 2024 1:41pm

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Post# 36196344

RE:I need to avg cost down

Plutus,
POU sems to be waffling between 25 and 35 for about two years now.
Seasonality may play a part in the SP, but IMO, geopolitical factors can play a bigger part.
If you were to see 25 before the fall, that would obviously be a good price to buy more.
It's doubtful that it will go that low again, unless the bottom falls out on gas and oil, so anything below 30 may be the best you'll see.
Good luck

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