Paramount Resources: Proceeding From Very Profitable To Embarrassingly Profitable
Paramount (PGRE) Seeking Alpha·2024-08-04 09:00
Jeremy Poland When it comes time for Paramount Resources (OTCPK:PRMRF) (TSX:POU:CA) to rake in the money, this company needs a very big rake. If things keep going the way they are now, the company may need two in the future. This is a company that acquired Apache Canada and has turned those leases into a moneymaker at a level that few companies can compare to. The reason is that this formerly dry gas producer has now focused on rich gas, where the "rich" part is very high-value condensate. The dividend was ...