Paramount Resources

POU-T

TSE:POU

6.69
0.18 (2.62%)
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.
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Analysis and Opinions about POU-T

Signal
Opinion
Expert
HOLD
HOLD
June 11, 2014

There is still a lot of growth coming. A deep gas play with their own plants. His one-year target is $70-$75.

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There is still a lot of growth coming. A deep gas play with their own plants. His one-year target is $70-$75.

PARTIAL BUY
PARTIAL BUY
May 28, 2014

Has had a great run since the beginning of the year. Looking at cash flow and production numbers, and if with what they have and are working on comes online, in the next couple of years he wouldn’t be surprised to see this trading at $100. Seasonality wise, energy stocks tend to meander through the summer. He would initiate part of his position now, and look to add further on any weakness. Prefers Raging River (RRX-T), Rock Energy (RE-T) and Tamarack Valley Energy (TVE-X).

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Has had a great run since the beginning of the year. Looking at cash flow and production numbers, and if with what they have and are working on comes online, in the next couple of years he wouldn’t be surprised to see this trading at $100. Seasonality wise, energy stocks tend to meander through the summer. He would initiate part of his position now, and look to add further on any weakness. Prefers Raging River (RRX-T), Rock Energy (RE-T) and Tamarack Valley Energy (TVE-X).

TOP PICK
TOP PICK
May 21, 2014

Depending on how you value their investment in Cavalier Energy and Fox Drilling, they have about $10 of their share price embedded in investments. If you look at the business as valued at $45, there is massive growth in their core business. Liquid rich gas in the Montne. Bringing on a Musreau gas plant, which will allow them to bring production from 30,000 barrels equivalent to about 70,000 barrels equivalent over the next 12-15 months. Massive growth on production and cash flow, which he thinks is repeatable over the next few years.

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Depending on how you value their investment in Cavalier Energy and Fox Drilling, they have about $10 of their share price embedded in investments. If you look at the business as valued at $45, there is massive growth in their core business. Liquid rich gas in the Montne. Bringing on a Musreau gas plant, which will allow them to bring production from 30,000 barrels equivalent to about 70,000 barrels equivalent over the next 12-15 months. Massive growth on production and cash flow, which he thinks is repeatable over the next few years.

TOP PICK
TOP PICK
May 16, 2014

(A Top Pick Jan 16/14. Up 31.49%.) You really get the leverage when you get your surface facilities up and running and pump the commodity out of the ground in multiples of where you were in 2013. Moving from 20,000 BOEs a day in 2013 to about 60,000 in 2015.

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(A Top Pick Jan 16/14. Up 31.49%.) You really get the leverage when you get your surface facilities up and running and pump the commodity out of the ground in multiples of where you were in 2013. Moving from 20,000 BOEs a day in 2013 to about 60,000 in 2015.

PAST TOP PICK
PAST TOP PICK
May 15, 2014

7.625% bond maturing December 4/19. (Top Pick Dec 7/2012, Up 16.50%) He is downsizing this position. Since it is a bond, going down is an increase in return. Thinks oil and gas producers will not perform as well going forward.

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7.625% bond maturing December 4/19. (Top Pick Dec 7/2012, Up 16.50%) He is downsizing this position. Since it is a bond, going down is an increase in return. Thinks oil and gas producers will not perform as well going forward.

TOP PICK
TOP PICK
April 17, 2014

Has a facility coming on stream in 6 months. This asset will kick off a tremendous amount of free cash flow. They are in one of the hottest areas in the deep basin in Alberta. It might get pulled back a little, but he can’t tell you how much momentum is coming from US buyers. Just because it has been parabolic, that doesn’t mean it has to pull back from here.

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Has a facility coming on stream in 6 months. This asset will kick off a tremendous amount of free cash flow. They are in one of the hottest areas in the deep basin in Alberta. It might get pulled back a little, but he can’t tell you how much momentum is coming from US buyers. Just because it has been parabolic, that doesn’t mean it has to pull back from here.

TOP PICK
TOP PICK
April 3, 2014

Nat Gas. This is a big step change company. Gas plant goes operational May 1. Can grow from 20k to 70k barrels by end of 2015. It backfills the valuation. A repeatable play. $1.2 billion in debt, however, but it does not worry him.

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Nat Gas. This is a big step change company. Gas plant goes operational May 1. Can grow from 20k to 70k barrels by end of 2015. It backfills the valuation. A repeatable play. $1.2 billion in debt, however, but it does not worry him.

STRONG BUY
STRONG BUY
March 13, 2014

Thought about having this as a Top Pick. You should see massive expansion of volumes of 20,000 BOEs a day up to 70,000 over the next year or so as they bring on their Muzro (?) gas plant. That is the big risk. Does this come on in time by June and will the production start to kick in. If they meet their goals, he thinks this could easily be a $70 stock in 2 years.

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Thought about having this as a Top Pick. You should see massive expansion of volumes of 20,000 BOEs a day up to 70,000 over the next year or so as they bring on their Muzro (?) gas plant. That is the big risk. Does this come on in time by June and will the production start to kick in. If they meet their goals, he thinks this could easily be a $70 stock in 2 years.

PAST TOP PICK
PAST TOP PICK
January 30, 2014

(Top Pick Nov 8/12, Up 21.13%) Continues to be a core holding. A harvesting operation. Finally their big plant expansion comes on by end of year. Lining up well for 2015. Would hold or add if he didn’t have it and may still add to it. It will probably always be expensive because of their quality of management and execution.

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(Top Pick Nov 8/12, Up 21.13%) Continues to be a core holding. A harvesting operation. Finally their big plant expansion comes on by end of year. Lining up well for 2015. Would hold or add if he didn’t have it and may still add to it. It will probably always be expensive because of their quality of management and execution.

PAST TOP PICK
PAST TOP PICK
January 21, 2014

(A Top Pick Feb 5/13.) 7.58% bond maturing April 12/19. Felt very comfortable with the asset coverage and the management team. Made about a 9.5% return. You could easily Buy this bond today and continue to make very good returns.

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(A Top Pick Feb 5/13.) 7.58% bond maturing April 12/19. Felt very comfortable with the asset coverage and the management team. Made about a 9.5% return. You could easily Buy this bond today and continue to make very good returns.

TOP PICK
TOP PICK
January 16, 2014

If there is geopolitical noise this one could be affected, but they are significantly increasing production in 2014. Revenue will go from 500 million to a billion in 2015. Explosive organic growth and solid management team.

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If there is geopolitical noise this one could be affected, but they are significantly increasing production in 2014. Revenue will go from 500 million to a billion in 2015. Explosive organic growth and solid management team.

TOP PICK
TOP PICK
December 16, 2013

Surest growth in the energy patch. Looks expensive but if you look to the end of 2014 it looks cheap. They will double their production from here.

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Paramount Resources (POU-T)
December 16, 2013

Surest growth in the energy patch. Looks expensive but if you look to the end of 2014 it looks cheap. They will double their production from here.

TOP PICK
TOP PICK
September 11, 2013

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.

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Paramount Resources (POU-T)
September 11, 2013

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.

WAIT
WAIT
August 15, 2013

It has gone down because of the gas trade. They are all down 10%. They came out with a quarter that was neutral. Gas prices are down and the market thinks it could be 6 months.

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It has gone down because of the gas trade. They are all down 10%. They came out with a quarter that was neutral. Gas prices are down and the market thinks it could be 6 months.

COMMENT
COMMENT
July 23, 2013

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.

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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.

Showing 61 to 75 of 233 entries