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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based liquids-rich natural gas focused energy company. The Company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company’s principal properties are located in Alberta and British... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > Low Share Count = high value
View:
Post by MyHoneyPot on Jul 10, 2021 6:20pm

Low Share Count = high value

Low Share Count

With a low share count, and 80,000 boe of high quality production, POU is really in a place no other oil company shares. 

Low Net Debt

POU with is recent investment in NVA, now has a net debt in the 300-350 million dollar range. 

Land Company

Pou is really a land company like no other, because they own over 2 million acres of land themselves, with many prospective plays. 

Dividend + shares

POU will be kicking out a dollar a share in divvy, and  likely one or two new energy companies a year, just based on their asset base. 

POU the least understood and best investment in the oil and gas space. 

IMHO
Comment by Sugaree on Jul 13, 2021 12:48pm
Don't you just love Nuvista, what an amazing investment that has been for Paramount. Roughly $4.00 now, and should be a double within a year, maybe less!
Comment by MyHoneyPot on Jul 14, 2021 12:32am
Ya, except signed up for what i would consider a stupid high price for thier new bonds. Those bond deals are very expensive, likely cost 25-30 million dollars when all said and done.  I would sell NVA shares i do not see much upside in the stock. IMHO
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