Paramount Resources

POU-T

TSE:POU

1.21
0.01 (0.83%)
Paramount Resources Ltd. is a Canadian petroleum company that was incorporated in 1978. The company is involved in the exploration, development, production, processing, transportation and marketing of natural gas and its byproducts and crude oil.
More at Wikipedia

Analysis and Opinions about POU-T

Signal
Opinion
Expert
COMMENT
COMMENT
March 6, 2020

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.

Show full opinionHide full opinion

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.

PAST TOP PICK
PAST TOP PICK
May 28, 2019
(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.
Show full opinionHide full opinion
(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.
DON'T BUY
DON'T BUY
April 26, 2019
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.
Show full opinionHide full opinion
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.
PAST TOP PICK
PAST TOP PICK
March 19, 2019
(A Top Pick May 25/18, Down 49%) He sold it a while ago and now owns no energy.
Show full opinionHide full opinion
(A Top Pick May 25/18, Down 49%) He sold it a while ago and now owns no energy.
PAST TOP PICK
PAST TOP PICK
September 28, 2018

(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.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 28, 2018

(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.

DON'T BUY
DON'T BUY
September 14, 2018

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.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 14, 2018

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.

COMMENT
COMMENT
September 14, 2018

Energy should get a bump with positive news. Enjoyed a good run in 2016 to mid-2017, then went sideways. If this falls below $12, then something significant is going on, but right now it looks okay.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 14, 2018

Energy should get a bump with positive news. Enjoyed a good run in 2016 to mid-2017, then went sideways. If this falls below $12, then something significant is going on, but right now it looks okay.

BUY WEAKNESS
BUY WEAKNESS
June 26, 2018

A past top pick. He likes it. It's viewed as a natural gas stock, but it's really a condensate. Paramount missed its last quarter due to weather and a problem at a plant. It's a misunderstood stock. They run it like a private company and don't always tell investors what they're doing. Buy it on dips.

Show full opinionHide full opinion

A past top pick. He likes it. It's viewed as a natural gas stock, but it's really a condensate. Paramount missed its last quarter due to weather and a problem at a plant. It's a misunderstood stock. They run it like a private company and don't always tell investors what they're doing. Buy it on dips.

TOP PICK
TOP PICK
May 25, 2018

They get a premium to Western Canadian Select oil for their liquids. They missed their last quarter due to weather and their facilities, which is short-term in nature. So, the stock has pulled back under $15, which is a definite buy. This is midjudged as a gas stock. An energy play. (Analysts' price target: $21.22)

Show full opinionHide full opinion

They get a premium to Western Canadian Select oil for their liquids. They missed their last quarter due to weather and their facilities, which is short-term in nature. So, the stock has pulled back under $15, which is a definite buy. This is midjudged as a gas stock. An energy play. (Analysts' price target: $21.22)

DON'T BUY
DON'T BUY
May 4, 2018

He would not own this stock. They have too much operational risk. Their funding is dependent on asset sales and management is vague on where future value is going to come from.

Show full opinionHide full opinion

He would not own this stock. They have too much operational risk. Their funding is dependent on asset sales and management is vague on where future value is going to come from.

HOLD
HOLD
September 22, 2017

Seasonality, gassy stocks tends to be quite positive this time of year, from September through until the end of the year. This is showing some encouraging signs. Technically, it has just broken above resistance level and has established an upward trend. Also, it is outperforming the market. Momentum indicators are positive. If you own, stick with it until approximately the 2nd week in December.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 22, 2017

Seasonality, gassy stocks tends to be quite positive this time of year, from September through until the end of the year. This is showing some encouraging signs. Technically, it has just broken above resistance level and has established an upward trend. Also, it is outperforming the market. Momentum indicators are positive. If you own, stick with it until approximately the 2nd week in December.

WAIT
WAIT
September 18, 2017

They have had a wild record. Management has done a fantastic job of selling assets. You want this management backing you in an energy bull market.

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 18, 2017

They have had a wild record. Management has done a fantastic job of selling assets. You want this management backing you in an energy bull market.

TOP PICK
TOP PICK
September 15, 2017

Has been a great performer. He would say this had 3 lives in the last year. 1.) A poor performance in 2016 when it got caught in low commodity prices forcing them to sell almost $3 billion in assets to pare down from 60,000 to 10,000 BOE’s a day. 2.) Being a liquids rich producer grew the 10,000 to 30,000. Executed according to plan and the stock has probably gone from $13 to almost $25 through that process. 3.) Just acquired Apache Canada and merged with Trilogy, and now back to 90,000 BOE’s a day. (Analysts’ price target of $25.)

Show full opinionHide full opinion
Paramount Resources (POU-T)
September 15, 2017

Has been a great performer. He would say this had 3 lives in the last year. 1.) A poor performance in 2016 when it got caught in low commodity prices forcing them to sell almost $3 billion in assets to pare down from 60,000 to 10,000 BOE’s a day. 2.) Being a liquids rich producer grew the 10,000 to 30,000. Executed according to plan and the stock has probably gone from $13 to almost $25 through that process. 3.) Just acquired Apache Canada and merged with Trilogy, and now back to 90,000 BOE’s a day. (Analysts’ price target of $25.)

BUY

(Market Call Minute.)

HOLD
HOLD
February 15, 2017

This has had a nice move over the last year. They’ve shed some non-core assets.

Show full opinionHide full opinion
Paramount Resources (POU-T)
February 15, 2017

This has had a nice move over the last year. They’ve shed some non-core assets.

Showing 1 to 15 of 234 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 analyst 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 Eric Nuttall on 2020-03-06. 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 analyst 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 2020-04-03, Paramount Resources (POU-T) stock closed at a price of $1.21.