Summer Sale
50% off Premium Yearly
Opinions Swanzy Quarshie
Paramount ResourcesPOU.TOCOMMENTSep 02, 2015
Swanzy QuarshieStock 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.
Will Paramount Resources survive? They will survive. They are a very good quality company. Mainly natural gas. She is cautious on natural gas companies. They got great quality assets. They have their own infrastructure they have worked hard on. They have had some 3rd party curtailment which has hurt their production, pushed their cash flow profile out a few months or few quarters. Overall, she doesn't think this is a company at risk. They have a lot of debt, but because they have a nice cash profile with core assets, investors are safe with this name.