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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 > No Brainer - 2025 Break Out Year...
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Comment by PabloLafortuneon Dec 06, 2024 12:50am
80 Views
Post# 36348571

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No Brainer - 2025 Break Out Year...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No Brainer - 2025 Break Out Year...Chevron's 2025 budget announced yesterday represents a $2B cut from 2024. Sale timing seems consistent with this outlook.

Paramount obviously chose to forego some $$$ today in order to unload the Zama liability.  Not many would make that choice given that it was rarely if ever brought up by the street.

Nimble no nonsense long term thinkers with skin in the game. Shades of the Bezos interview this week.

Draw your own conclusions whether this is a good place to park your E&P money.
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