RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

mid-cap

Business Insights on one Energy Stock - POU

Nov 15, 2024 | Team Kalkine
Business Insights on one Energy Stock - POU
Image source: shutterstock

POU:TSX
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (CA$)

Paramount Resources Ltd

Paramount Resources Ltd (TSX: POU) is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.

As per our previous ‘Earnings Hunter’ Report published on POU as on 21st October 2024, Kalkine provided an ‘Attractive’ stance on the stock at CAD 26.65 based on ‘Earnings Hunter Score’, and the stock price has crossed its Resistance  level.

 Noted below are the details of support and resistance levels provided in our previous report:

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