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 > Good time to buy?

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Comment by MyHoneyPoton Aug 29, 2024 9:53pm

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Post# 36202211

RE:Good time to buy?

Looking forward to production increases towards year end, my guess there could be a dividend increase. Zero debt with over 600 million of securities on the balance sheet.

Q4 2025 new gas plant and major production increase again, like to pay special dividends.

One of the cheapest oil and gas stocks, great entry point will only get more costly from here is my opinion.

IMHO

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