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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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

Comment by Moemoney42on Nov 20, 2024 11:38am
84 Views
Post# 36321844

RE:RE:How does a special div help you? They give a divy of $5 shr

RE:RE:How does a special div help you? They give a divy of $5 shrJust a redistribution of equity to the shareholdes for immediate use.. what's important is how they use the windfall of cash to accelerate their future plans.. I think they're looking at the gassier transition going forward and feel confident they have the pieces in place to capitalize on the (hopefully) stronger prices going forward.. seems some big players (Trifigura) are positioning themselves in advance of LNG Canada's ramp up.. 
I think they're making a good decision and by the end of 2025 we'll know if it was the right one... my guess is it is??


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