Paramount Resources Ltd T.POU

Share price after SD

[Oilman50]

If you have been on this board for a while you know of all the potential POU has. Definately a great long term hold. However lets talk short term. After the dividend we have a company with small cash flow (30,000 boe of which 46% liquida). The earnings per share goes way down, P/E up and their will be some sell off due to monthly dividends dropping 67%. There are many companies in the 30-60k boe range (Kel, Tve, Sde, etc) trading for much less. Of course there is reasons such as land holdings and debt that affect share price but comparing cash flow they are in the same range. 

i agree with earlier post, keep dry powder on hand. Could be some really good opportunities to add Pou to holdings. I would not be surprised to see Pou at $8-10 before it takes off to even higher than it is mow.

[MyHoneyPot]

This is how i see it.  12 dollars a share in cash and investments. -( current debt ) 30,000 boe production, likely 48,000 end of year with second plant comes on, just from willey green.  Willesden Green over 240,000 acres North Duvernay Sinclair (land only paid 50 Million) Cavalier Land , Liard, Horn River, etc I don't ever see POU getting down to that low price point. The sale

[Quintessential1]

Of course YOU don't POU-perma-bull. But if it does that dry powder is going to come in handy. ;-) GL Fellow Investor

[black4444]

Based on the numbers I've presented earlier, $8.00 per share ex dividend values POU's 2026 production at < $5,000 per flowing barrel and attributes nothing to Horn River/Liard, Cavalier etc.    That's a pretty big disconnect.   There may be many companies "trading for much less" but none have the financial capacity to rapidly grow production without

[MyHoneyPot]

The way i think about it is this, they has a large position of prespective clear water lands.  If they put that entire block up for sale, it would get a lot more than 900 million, which is about 6 dollars a share.  So anyway you slice and dice POU it is worth more.  My thinking is that they will give some insight maybe at the share holders meeting later this month, or after the

[Quintessential1]

You lost me here:  they has a large position of prespective clear water lands. Ride POU-perma-bull and flail those pom poms GL Fellow Investor ;-)

[MyHoneyPot]

This is right out of the press release... "assets held in its wholly-owned Cavalier Energy subsidiary, which encompass over 1.3 million net acres of land, including 293,000 net acres prospective for cold flow heavy oil in the Clearwater and Bluesky formations as well as five significant thermal oilsands development opportunities, the most material of which is the Hoole Grand Rapids project

[Quintessential1]

Oh, they have prospective clear water lands. Personally, right now I'm a little more interested in the, "five significant thermal oilsands development opportunities".. Low cost low decline thermal oil plays have an obvious advantage for the uncertain 4 years of commodity pricing we are about to face.  In fact, why don't they just buy a low cost, low decline commodity

[MyHoneyPot]

When POU sold Kakwa Production and Land to VII Generation, they actually bought two companies. They bought Trilogy which they had a stake in, and they also bought Apache Canada, and Apache left Canada.  They also currently own 31.3 million shares of NVA, and they could buy that company as well. Westbrick that just got sold to VET,  POU owned a small part of that, i believe 5% (From

[Quintessential1]

Ok. I'm going to use this stock trading downtime and general market and sector trading disconnect to examine a few of your assertions. they are not going to pick up postage stamp play areas Nope, but they'll sell them. When POU sold Kakwa Production and Land to VII Generation It is kind of ironic that the outfit that bought that Kakwa production has manged to quadruple their market

[WillyGreen]

Quinte - sell the stock if you feel that way.  What more needs to be said. 

[Quintessential1]

I did.  But I still get to vote the shares I sold.  Funny that.  I'm also wondering if I should get in for another swing.  Maybe third time is the charm. So we can't examine management and their actions here? Its just as poo would say, a pom pom cheerleading board? Ba bump bump! GL Fellow Investor ;-) 

[WillyGreen]

Quinte - if you don't like management but are considering whether to step in for a third time, i think you have answered your own question. Don't invest. 

[Quintessential1]

Maybe, but I never said I didn't like POU's management. I just don't hold them in the same venerated esteem that poo and some of the rest of you do. Other management teams have done better IMHO ;-) But POU is good and the SD offered up unique opportunities that I couldn't resist then. Half the share price guaranteed returned with a monthly div until the deal closes was and is

[WillyGreen]

Quinte - won't argue with your last post. Each investor comes from a different dataset. I've made generational wealth with paramount as my only Cdn energy name so I pay no attention to other management teams.  Will go even longer after the special dividend but I will be cautious given Trump threats. 

[MyHoneyPot]

It is a different time, and place. POU did not want to sell Kakwa, but it was early days and they sold Kakwa to 7generations, because they saw the capital requirement to develop the resource. They build a gas plant and were carry a ton of debt.  Kakwa has billion of dollars of associated infastructure invested to develop the best resouce play in Canada, that ultimately took down 7generation

[Quintessential1]

Uh huh.  ARX got lucky and has the balance sheet that ultimately finance the 7generation deal, and did and does not understand the resource and value they stole.  It seems to me that POU are the ones that do and did not understand the resource or they would have bought it back when VII shopped themselves back to them in 2021.  There are understood and unwritten right of first

[auburn2]

Willy, you are a relatively new investor who purchased POU big time in 2020 and rode it out?