Summer Sale
50% off Premium Yearly
Opinions Robert Lauzon
Paramount ResourcesPOU.TOTOP PICKMay 21, 2014
Robert LauzonStock price when the opinion was issued
As of Jun 19, 2026. Market Open.
You might be interested:
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.
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.