Intermediate producer Paramount Resources Ltd. confirmed Wednesday that it will attempt to sell midstream assets in northwestern Alberta, while cutting jobs and salaries as part of its plan to cope with low oil and gas prices.
Paramount Resource's Musreau complex Paramount Resources Ltd., the Canadian natural gas producer run by billionaire Clay Riddell, is exploring options for its midstream assets including a possible sale, according to people familiar with the process.
Paramount Resources Ltd. (OTCPK:PRMRF) (and also POU.TO in Canada where it is far more liquid) had a very aggressive growth strategy that involved leveraging the company, gaining leases, but delaying production increases to keep up with the leverage ...
Paramount Resources logo Paramount Resources, Ltd. (TSE:POU) had its target price lowered by investment analysts at Desjardins from C$9.00 to C$8.00 in a research report issued on Friday, Marketbeat reports.
Paramount Resources logo Paramount Resources, Ltd. (TSE:POU) had its target price hoisted by research analysts at Dundee Securities from C$8.75 to C$9.50 in a report issued on Monday, StockTargetPrices.
Paramount Resources logo Paramount Resources, Ltd. (TSE:POU) had its price objective lowered by stock analysts at Scotiabank from C$14.00 to C$12.50 in a note issued to investors on Wednesday, ARN reports.
Canadian natural gas producer Paramount Resources (OTCPK:PRMRF) is exploring options for its midstream assets including a possible sale, and is working with Royal Bank of Canada on potential sales or partnerships for facilities that include gas ...