
TSE:POU
This summary was created by AI, based on 4 opinions in the last 12 months.
Paramount Resources (POU-T) has garnered mixed reviews from experts, with some praising the company's strong financial liquidity and operational momentum, particularly after recent asset sales aimed at boosting operations. Despite its good operational dynamics, there are concerns about its reliance on natural gas, given the current volatility and weakness in Canadian natural gas pricing. While one expert highlights the quality of the leadership, noting the strength of the CEO, others are hesitant, suggesting the stock could be too volatile. Recommendations range from holding and waiting for a more favorable price to exploring better investment options with higher oil exposure, indicating a cautious approach to the company's potential in a fluctuating market environment.
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.