TSE:POU

Paramount Resources (POU.TO)

33.21
+1.30 (4.07%)
as of Sep 15, 2026, 8:00:00 pm Market Open.
87 watching
0
BUY
A very big winner. Did a deal with North American Resources last week to vend in their oil sands, so now they are going to have a carried interest. The market likes that. There is an asset value probably in the $50/55 range. The stock, having come so far, will probably go sideways for a while. It may be the fall when gas prices start to move again.
PAST TOP PICK
This stock is up 27%. There is more reserves on the oil sands side, which is worth $17-20 a share . Net asset value of Paramount approaches $50.00. Still owns and likes. Hold category now because it has gone up so much.
TOP PICK
(A Top Pick Nov 21/05. Up 18%.) A gassy story that just announced the outside valuation of their oil sands which is worth about $17/18 per share. The own 15/20% of Trilogy Energy Trust (TET.UN-T). You put those assets to get there, you get almost $50.
BUY
About 83% natural gas. The guidance for the 3rd quarter was very disappointing. Good assets. Has oil sands potential. A good portfolio of properties were it can add value. Well financed.
TOP PICK
80% gas. Cash flow next year will be something like $4/5/6.50. Has about $10 oil sands value. Thinks it will go back to $34/35. Will probably go to $40/45. A good long term play.
PAST TOP PICK
(A Top Pick July 14/05. Up 60%.) Delivered on their quarter quite well. Have a big whack of oil sands land. Probably has $10 to $12 of value in the oil sands. Good natural gas exposure. Still likes. If gas prices spike this winter, it will go higher. If it hits the mid $30's, take some profits.
BUY
Known for its huge land base of 2.5 million net acres. Has developed parts of its land base and spun those parts off into trusts. By owning this you have the benefit of being a shareholder with spinoffs into other trusts. A good level to buy.
TOP PICK
80% gas. Probably one of the few intermediate to senior companies that he is comfortable buying right now. Only at 4.5 X cash flow. A lot of upside from oil sands type projects. A lot of land positions so they have 5, 6, 7 years of drilling available. Can see years of growth.
HOLD
One of the better quality names in the energy sector. If you believe energy prices are going to stay strong, which he does, it's a good one to stay in.
TOP PICK
A joint Top Pick with Fairborne Energy. (See FEL-T). The similarity is that they are both converting part of their assets into trusts. Paramount is going to convert on a 1:1 basis in Triology Energy Trust. Likes the assets going into it. Should have a long reserve life.
WAIT
Spinning out into a trust. It may take a while to settle down. There may be selling of the pieces and if either one of them gets discounted, he would be a buyer of either one.
TOP PICK
Has been going sideways in this last little bit of the market. They have announced that they are turning themselves into an income trust.
BUY
Expected to become a trust shortly and will continue to go up in price until that happens. Afterwards, there could be a sell off which would give the opportunity to pick up more if desired.
HOLD
Feels it will go into a trust. Decent asset base. Very experienced management.
PAST TOP PICK
(A Top Pick Nov 15/04. Up 10%.) Now converting into a trust. The valuation when this is completed is $32.
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