PRMRF / Why Paramount Resources Shares Are Surging Today

Paramount Resources is a family-owned company with a conservative management approach. The company is effectively debt-free and has strong cash flow t more_horizontal

Paramount Resources, Ltd. (TSX:POU) has topped this year's Toronto Stock Exchange (TSX) annual ranking of the top 30 performing stocks over a three-ye more_horizontal

Paramount Resources, Ltd. (TSX:POU) has downwardly revised its first half of 2023 sales guidance due to the impact of the ongoing Alberta wildfires. more_horizontal

Paramount Resources Ltd. owns the rig drilling subsidiary. The company has at times functioned as a mutual fund of oil and gas companies. more_horizontal

That was billionaire hedge-fund manager Leon Cooperman commenting on the current banking crisis that has seen the shutdown of SVB Financial Groups's S more_horizontal

Paramount is one of the most attractive pure play oil securities exposure. It delivers significant FCF at current prices. more_horizontal

Insiders own nearly half of Paramount's outstanding shares. Cash flow now funds growth, a dividend, and debt reduction. more_horizontal

Paramount's total production will increase by in excess of 35% in the second semester. This will pave the way for a strong 2023 with an anticipated C$ more_horizontal