OTCMKTS:PRMRF Paramount Resources (PRMRF) Stock Price, News & Analysis $22.03 +0.17 (+0.78%) (As of 11/20/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest About Paramount Resources Stock (OTCMKTS:PRMRF) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Paramount Resources alerts:Sign Up Key Stats Today's Range$21.50▼$22.1050-Day Range$18.55▼$22.3452-Week Range$18.00▼$24.84Volume31,936 shsAverage Volume75,533 shsMarket Capitalization$3.24 billionP/E Ratio12.38Dividend Yield6.04%Price Target$37.00Consensus RatingStrong Buy Company OverviewParamount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 249,000 net acres. The company was founded in 1976 and is based in Calgary, Canada.Read More… Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners (Ad)The "Fake Media" has completely ignored Trump's genius "victory gift" to all America First patriots like you. A tax-free gift so powerful it could reshape the financial destinies of millions of IRA and 401(k) owners…Claim your FREE 2024 Gold Guide Paramount Resources Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks67th Percentile Overall ScorePRMRF MarketRank™: Paramount Resources scored higher than 67% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.8 / 5Analyst RatingStrong Buy Consensus RatingParamount Resources has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageParamount Resources has only been the subject of 2 research reports in the past 90 days.Read more about Paramount Resources' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 12.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 12.38, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.37.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.44% of the outstanding shares of Paramount Resources have been sold short.Short Interest Ratio / Days to CoverParamount Resources has a short interest ratio ("days to cover") of 51.1, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently increased by 11.94%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend LeadershipParamount Resources is a leading dividend payer. It pays a dividend yield of 6.09%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Paramount Resources is 74.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Paramount Resources will have a dividend payout ratio of 160.24% in the coming year. This indicates that Paramount Resources may not be able to sustain their current dividend.Read more about Paramount Resources' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.44% of the outstanding shares of Paramount Resources have been sold short.Short Interest Ratio / Days to CoverParamount Resources has a short interest ratio ("days to cover") of 51.1, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently increased by 11.94%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.58 News SentimentParamount Resources has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Paramount Resources this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Paramount Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have not sold or bought any company stock.Percentage Held by Insiders36.30% of the stock of Paramount Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.14% of the stock of Paramount Resources is held by institutions.Read more about Paramount Resources' insider trading history. Receive PRMRF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paramount Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address PRMRF Stock News HeadlinesParamount Resources Ltd. Reports Q3 2024 EarningsNovember 21 at 3:10 AM | markets.businessinsider.comRBC Capital Remains a Hold on Paramount Resources (PRMRF)November 19 at 11:43 AM | markets.businessinsider.comBreaking News: Tesla headed to $500…That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. November 21, 2024 | WealthPress (Ad)Paramount Resources (OTCMKTS:PRMRF) Upgraded by Cormark to Moderate Buy RatingNovember 19 at 1:43 AM | americanbankingnews.comAnalysts Offer Insights on Energy Companies: Paramount Resources (OtherPRMRF) and Permian Resources (PR)November 17, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Energy Stocks: Paramount Resources (PRMRF), Permian Resources (PR)November 17, 2024 | markets.businessinsider.comParamount Resources: The Sale Means It's Time To Downgrade The RatingNovember 15, 2024 | seekingalpha.comParamount Resources Agrees to Sell Alberta Assets to Ovintiv for C$3.33BNovember 14, 2024 | marketwatch.comSee More Headlines PRMRF Stock Analysis - Frequently Asked Questions How have PRMRF shares performed this year? Paramount Resources' stock was trading at $19.6035 at the beginning of the year. Since then, PRMRF shares have increased by 12.4% and is now trading at $22.0275. View the best growth stocks for 2024 here. How do I buy shares of Paramount Resources? Shares of PRMRF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Ex-Dividend for 10/31 Dividend10/15/2024Dividend Payable10/31/2024Ex-Dividend for 11/29 Dividend11/15/2024Today11/21/2024Dividend Payable11/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorOils/Energy Industry Oil & gas exploration services Sub-IndustryPetroleum And Natural Gas Current SymbolOTCMKTS:PRMRF CUSIPN/A CIKN/A Webwww.paramountres.com Phone(403) 290-2940Fax403-262-7994Employees579Year FoundedN/APrice Target and Rating Average Stock Price Target$37.00 High Stock Price Target$37.00 Low Stock Price Target$37.00 Potential Upside/Downside+68.0%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.78 Trailing P/E Ratio12.38 Forward P/E RatioN/A P/E GrowthN/ANet Income$348.32 million Net Margins19.96% Pretax Margin24.79% Return on Equity10.05% Return on Assets8.01% Debt Debt-to-Equity RatioN/A Current Ratio0.75 Quick Ratio0.75 Sales & Book Value Annual Sales$1.33 billion Price / Sales2.43 Cash Flow$1.93 per share Price / Cash Flow11.39 Book Value$17.93 per share Price / Book1.23Miscellaneous Outstanding Shares147,000,000Free Float93,641,000Market Cap$3.24 billion OptionableNot Optionable Beta2.56 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? 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