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Paramount ResourcesPOU.TOPAST TOP PICKSep 12, 2014Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
(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.
(A Top Pick Sept 11/14. Up 82.88%.) They had a deep cut facility, so wet gas with lots of condensate and liquids. They have done exactly what they said they would. They are just on stream and we are now starting to see the benefits. There will be a doubling in cash flow going forward in the next couple of years. His one-year target is $75.