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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Paramount Resources, with the symbol POU-T, is a well-managed company focusing on LNG in the deep basin of Alberta. The company has a strong track record and is debt-free. Analysts are bullish on the stock, citing the potential benefits from natural gas paving the energy transition into renewables and the new LNG terminal's ability to ship Canadian LNG internationally. However, there are concerns about the stock's liquidity and its pursuit of growth. Overall, the long-term fundamentals of Paramount Resources are considered good, despite short-term volatility in the oil and gas sectors.

Consensus
Buy
Valuation
Undervalued
TOP PICK
Paramount Resources

His first natural gas recommendation in ages. It will be a long, strategic holding. Based on $4 natural gas next year, this will be the least expensive North American stock. The CEO owns 45% of the company and he's methodically about M&A. Without recent acquisitions, they'd be debt free. He hopes they buy a countercyclical buy in gas. Maybe they can. Are not buying back shares, but growing production 10% annually. Pays a 4% dividend. Projects 72% upside.

(Analysts’ price target is $36.45)
oil / gas
TOP PICK
Paramount Resources

Good management and track record. They focus on LNG in the deep basin of Alberta. He's bullish energy. Are in the middle of a parabolic move. Benefits from nat gas paving the energy transition into renewables. The new LNG terminal can ship Canadian LNG internationally.

(Analysts’ price target is $35.38)
oil / gas
DON'T BUY
Paramount Resources

Very smart CEO. Hunting for an acquisition. Until that happens, he prefers other names. Trades at 3x at $80 oil. Only 7% free cashflow yield, as they are pursuing growth. Not the most liquid name, tough to buy.

oil / gas
BUY
Paramount Resources

Also owns drilling and service rig business.
Debt free which is good.
Has been buying shares.
Excellent company with strong management team.
Lots of insider ownership.

oil / gas
TOP PICK
Paramount Resources

The oil and gas sectors are good for the long term and increased demand. They are volatile in the short term. There is slow but steady U.S. shale deposit exhaustion. The long term fundamentals of Paramount Resources are good.     Buy 7   Hold 3   Sell 0

(Analysts’ price target is $39.00)
oil / gas
BUY
Paramount Resources

Well respected CEO with Jim Riddell.
Tightly held company within Riddell family.
Company roughly debt free.
Seeing meaningful upside. 
Potentially 100% upside in share price.


oil / gas
Unspecified
Paramount Resources
Wells are paying out in weeks or months. Has a $60 target but doesn't own since he doesn't have the same level of conviction as he does in other names for a catalyst.
oil / gas
BUY
Paramount Resources
Done exceedingly well, near record highs. Still has a long way to go. LNG Canada will benefit it. A lot of drilling will have to happen in Alberta and BC to bring on significant new volume for the export market. A core name for your portfolio.
oil / gas
BUY
Paramount Resources
Great company that is trading cheap. Currently trading at ~2.1x cash flow & 23% free cash flow yield. Could privatize in ~3.0 years. Own a large position in Clearwater position via Cavalier Energy. Expecting a $50 share price.
oil / gas
COMMENT
Paramount Resources

There is a rumour that Paramount has acquired a 9% holding in Nuvista. Paramount is outspending their cash flow and announced, if required, they may look to sell off assets and this could Nuvista. Both companies share prices have been pushed sharply lower as a result.

oil / gas
PAST TOP PICK
Paramount Resources
(A Top Pick May 25/18, Down 47%) Sold it more than 6 months ago. Nothing wrong with this company but suffers with the rest of the Canadian group.
oil / gas
DON'T BUY
Paramount Resources
A big condensate company that has struggled to execute. The market is waiting for them to deleverage. He would not buy them today. If you are bullish condensate, he would Nuvista or Kelt.
oil / gas
PAST TOP PICK
Paramount Resources
(A Top Pick May 25/18, Down 49%) He sold it a while ago and now owns no energy.
oil / gas
PAST TOP PICK
Paramount Resources

(A Top Pick September 15/17 Down 38%) This is the third version of this company, he suggests. Now a 90,000 boed producer it has stagnated with a large natural gas position. There is inconsistency in delivering economic results. He likes their assets, but he has gone to the sidelines to wait for that consistency to develop. They are trying to move their portfolio to include 45% liquids.

oil / gas
DON'T BUY
Paramount Resources

It is a fine company, he says, but would prefer to back other management teams who are doing a better job paying down debt. He is bullish heavy oil differentials for next year, so is targeting other companies.

oil / gas
Showing 1 to 15 of 243 entries

Paramount Resources(POU-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Paramount Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Paramount Resources(POU-T) Frequently Asked Questions

What is Paramount Resources stock symbol?

Paramount Resources is a Canadian stock, trading under the symbol POU-T on the Toronto Stock Exchange (POU-CT). It is usually referred to as TSX:POU or POU-T

Is Paramount Resources a buy or a sell?

In the last year, 2 stock analysts published opinions about POU-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Paramount Resources.

Is Paramount Resources a good investment or a top pick?

Paramount Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Paramount Resources.

Why is Paramount Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Paramount Resources worth watching?

2 stock analysts on Stockchase covered Paramount Resources In the last year. It is a trending stock that is worth watching.

What is Paramount Resources stock price?

On 2024-05-29, Paramount Resources (POU-T) stock closed at a price of $32.09.