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Opinions Gerard Ferguson
Paramount ResourcesPOU.TOCOMMENTAug 09, 2016
Gerard FergusonStock 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.
In the process of going through a transaction of selling off their crown jewels to Seven Generations (VII-T), and expects the deal to close in the next 4-5 weeks. Going forward, this is going to be a holding company with a half a dozen or so holdings, the biggest being Seven Gens. Outside of that holding company status, there is a producer as well, and they will be trying to grow their production. It is a much better holding now than it was 2 months ago. (See Top Picks.)