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Bullboard - Stock Discussion Forum 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... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > Share price
View:
Post by fishcarrier on Nov 14, 2024 12:41pm

Share price

So what is a reasonable share price today? Is it $30, $31, $32? It's been floating all over the map this morning.
Comment by WillyGreen on Nov 14, 2024 2:11pm
$40 
Comment by MyHoneyPot on Nov 14, 2024 3:39pm
I would say, that they have over $26 dollars cash and investment per share, essentially zero debt and an undrawn billion dollar bank line.  But what about their other oil and gas assets.  Well they have the sweet liquids spot of the duverny, and this is ramping to roughly 16,000 boe/day. Durvernay (16,000) boe/day 12 year                  & ...more