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 > CIBC's view on the sale

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Comment by Stocker46on Nov 19, 2024 3:42pm

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Post# 36320414

RE:RE:RE:RE:CIBC's view on the sale

New to POU. Bought some last week & again just now.
Lots of good info here from longtime POU investors.
Surprised it hasn't gone higher.
It's only up a little over $3 while cash (alone) from the asset sale is over $22 per share ( assumiing the deal gets closed)
Appears to be a solid company & the nice dividend is a bonus.

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They started in video game investing, now they serve high net worth traders