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Opinions Michael Decter
Paramount ResourcesPOU.TOCOMMENTJan 14, 2015
Stock 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.
If gas prices go up, this could do extraordinarily well. They have ploughed a huge amount of money into their own processing and infrastructure. He is not in this now because there is a huge amount of natural gas drilling going on, because of the potential for LNG exports. Before you get an export license, you have to prove that you have the gas. Once you have the gas, and if the LNG port is not ready to go, you are going to dump some of that gas into the market. This puts a bit of a ceiling on the natural gas price, which could be an issue for this company. If we get a really cold winter, this company could do very well, but if it warms up this company might not do that well.