
TSE:POU
This summary was created by AI, based on 3 opinions in the last 12 months.
Paramount Resources (POU-T) is viewed with a mix of optimism and caution by various experts. While one reviewer expresses concerns about the company's ability to capitalize on the current market opportunities, highlighting a preference for companies with a stronger focus on oil production, they do acknowledge the strong leadership of the CEO. Another expert praises the company as an intermediate gas producer that has demonstrated good operational momentum and strong financial liquidity, despite recent asset sales aimed at raising funds. They also note that while Canadian natural gas prices have been weak, there is an expectation of improvement in winter as LNG Canada comes online. The third review underscores the positive potential of the company, linking it to favorable oil and gas price dynamics, but also highlights a recent significant drop in its stock price, reflecting the volatility in the sector.
This is a little bit of an eclectic mix of a handful of assets. Have oil sands assets, drilling company, equity investments and other companies in addition to some really great deep basin assets. The company takes a very long view in what they are trying to accomplish. Expects there will be substantial cash flow growth over the next year to 18 months.
Natural gas. Going to double production over the next 12-18 months so that by the end of 2014, they will be producing twice what they are now. Good entry point because price is a little soft due to storage filling up in Alberta and the AECO spot has gotten hit. Expecting $42 a year from now.