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Bullboard - Stock Discussion Forum 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... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > More bullish at $11.40 then I was at $7....
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Post by Raymondjames on Feb 22, 2021 7:50pm

More bullish at $11.40 then I was at $7....

Wti appears to be going substantially higher.  $65-70 within range. Coronavirus still a challenge but the world (Canada excluded) appears closer to shots in arms. 

On the micro level, pou will guide higher and costs appear to be under control. This is going to be fun.

Comment by Robertboblaw on Feb 22, 2021 8:48pm
At this point, all signs seem to point to a long bullish trend in oil prices. With all the shut ins and slashed capital spending and investment that poured out of oil the last number of years, it would make sense from just a supply side perspective that oil prices are overdue for a correction this time going upwards. Onwards and upwards friends!
Paramount Resources Ltd
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