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Opinions Robert Lauzon
Paramount ResourcesPOU.TOSTRONG BUYMar 13, 2014
Robert LauzonStock price when the opinion was issued
As of Jun 19, 2026. Market Open.
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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.
Robert LauzonThe 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)
Ross Healy
(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.
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.
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.