Impact: Negative. While the Company has subsequently divested its primary asset at Musreau, the softer than expected production and cash flow in 2Q16 is likely to surprise the market as we await the next operational catalysts from its Karr/Gold Creek Drilling program later in 3Q16.
05 Aug 2016
PARAMOUNT'S 2Q16 RESULTS MISS EXPECTATIONS
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
PARAMOUNT'S 2Q16 RESULTS MISS EXPECTATIONS
Paramount Resources Ltd. Class A (POU:TSE) | 0 0 -0.2% | Mkt Cap: 2,314m
- Published:
05 Aug 2016 -
Author:
Cody R. Kwong -
Pages:
3
Impact: Negative. While the Company has subsequently divested its primary asset at Musreau, the softer than expected production and cash flow in 2Q16 is likely to surprise the market as we await the next operational catalysts from its Karr/Gold Creek Drilling program later in 3Q16.