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Opinions Bruce Campbell (1)
Paramount ResourcesPOU.TOBUYJun 01, 2015
Bruce Campbell (1)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.
There is a ton of growth coming, some of it has come already, but it is just on the cusp of BOE’s a day 30,000 months ago, 40,000 now and heading for 70,000 by year-end. This is gassy (wet gas). Balance sheet looks stretched, which is why it got hit, however they are spending for growth and the cash flow is just coming now. Looking out 12 months, the balance sheet looks much better and he thinks the stock will be higher. He buys it when it dips to $30-$31.