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TSE:POU

Paramount Resources (POU) Stock Price, News & Analysis

Paramount Resources logo
C$26.86
-0.15 (-0.56%)
(As of 10/31/2024 ET)

About Paramount Resources Stock (TSE:POU)

Key Stats

Today's Range
C$26.47
C$27.31
50-Day Range
C$25.02
C$28.53
52-Week Range
C$24.51
C$33.80
Volume
588,234 shs
Average Volume
274,269 shs
Market Capitalization
C$3.94 billion
P/E Ratio
11.38
Dividend Yield
6.70%
Price Target
C$37.25
Consensus Rating
Moderate Buy

Company Overview

Paramount 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.

Paramount Resources Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
77th Percentile Overall Score

POU MarketRank™: 

Paramount Resources scored higher than 77% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Paramount Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Paramount Resources has only been the subject of 3 research reports in the past 90 days.

  • Read more about Paramount Resources' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Paramount Resources is 11.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Paramount Resources is 11.38, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 104.16.

  • Price to Earnings Growth Ratio

    Paramount Resources has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Paramount Resources has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Paramount Resources' valuation and earnings.
  • Short Interest

    There is no current short interest data available for POU.
  • Dividend Leadership

    Paramount Resources is a leading dividend payer. It pays a dividend yield of 6.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Paramount Resources does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Paramount Resources is 76.27%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Paramount Resources' dividend.
  • Short Interest

    There is no current short interest data available for POU.
  • News Sentiment

    Paramount Resources has a news sentiment score of 1.02. 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 is a higher news sentiment than the 0.41 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Paramount Resources this week, compared to 1 article on an average week.
  • Search Interest

    Only 1 people have searched for POU on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Paramount Resources insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    45.36% 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 Institutions

    Only 9.12% of the stock of Paramount Resources is held by institutions.

  • Read more about Paramount Resources' insider trading history.
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POU Stock News Headlines

Paramount Announces Third Quarter 2024 Results
Urgent: This election is rigged
If you missed it, my emergency election broadcast is now available - but will be removed soon
See More Headlines

POU Stock Analysis - Frequently Asked Questions

Paramount Resources' stock was trading at C$25.93 at the start of the year. Since then, POU shares have increased by 3.6% and is now trading at C$26.86.
View the best growth stocks for 2024 here
.

Shares of POU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Paramount Resources investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD), AbbVie (ABBV) and Vermilion Energy (VET).

Company Calendar

Ex-Dividend for 9/27 Dividend
9/16/2024
Dividend Payable
9/27/2024
Ex-Dividend for 10/31 Dividend
10/15/2024
Today
10/31/2024
Dividend Payable
10/31/2024
Next Earnings (Estimated)
11/07/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
Petroleum And Natural Gas
CIK
N/A
Fax
N/A
Employees
579
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$37.25
High Stock Price Target
C$43.00
Low Stock Price Target
C$29.00
Potential Upside/Downside
+39.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
C$351.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.79 billion
Cash Flow
C$0.05 per share
Book Value
C$24.98 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.91 billion
Optionable
Not Optionable
Beta
3.04
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This page (TSE:POU) was last updated on 10/31/2024 by MarketBeat.com Staff
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