Paramount Resources (PRMRF) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $12.48 to $13.08
• 50-Day Range: $10.44 to $22.73
• 52-Week Range: $9.89 to $24.84
• Volume: 75,729 shs
• Average Volume: 107,688 shs
• Market Capitalization: $1.86 billion
• P/E Ratio: 7.28
• Dividend Yield: 3.16%
• Price Target: $37.00
• Consensus Rating: Buy

Paramount Resources Stock Analysis - MarketRank™

Paramount Resources scored higher than 78% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Paramount Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Paramount Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -63.22%

Earnings Growth

Earnings for Paramount Resources are expected to decrease by -63.22% in the coming year, from $1.74 to $0.64 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Paramount Resources is 7.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.52.

Price to Earnings Ratio vs. Sector

The P/E ratio of Paramount Resources is 7.28, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 52.02.

Price to Book Value per Share Ratio

Paramount Resources has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.37% of the float of Paramount Resources has been sold short.

Short Interest Ratio / Days to Cover

Paramount Resources has a short interest ratio ("days to cover") of 15.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Paramount Resources has recently decreased by 25.41%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Paramount Resources pays a meaningful dividend of 3.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Paramount Resources is 24.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Paramount Resources will have a dividend payout ratio of 64.06% next year. This indicates that Paramount Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.37% of the float of Paramount Resources has been sold short.

Short Interest Ratio / Days to Cover

Paramount Resources has a short interest ratio ("days to cover") of 15.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Paramount Resources has recently decreased by 25.41%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.97

News Sentiment

Paramount Resources has a news sentiment score of 0.97. 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 0.73 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Paramount Resources this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Paramount Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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

36.30% 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 Institutions

Only 4.14% of the stock of Paramount Resources is held by institutions.

PRMRF Stock Analysis - Frequently Asked Questions

How have PRMRF shares performed this year?

Paramount Resources' stock was trading at $22.1250 at the beginning of the year. Since then, PRMRF shares have decreased by 41.4% and is now trading at $12.96.
View the best growth stocks for 2025 here.

How were Paramount Resources' earnings last quarter?

Paramount Resources Ltd. (OTCMKTS:PRMRF) announced its earnings results on Thursday, November, 7th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by $0.19. The firm had revenue of $321.08 million for the quarter, compared to analysts' expectations of $337.69 million. Paramount Resources had a trailing twelve-month return on equity of 10.04% and a net margin of 19.96%.

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.

Company Calendar

• Last Earnings: 11/07/2024
• Ex-Dividend for 2/28 Dividend: 2/20/2025
• Record date for 2/28 Dividend: 2/21/2025
• Dividend Payable: 2/28/2025
• Ex-Dividend for 3/31 Dividend: 3/17/2025
• Record date for 3/31 Dividend: 3/18/2025
• Dividend Payable: 3/31/2025
• Today: 4/01/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & gas exploration services
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: OTCMKTS:PRMRF
• CIK: N/A
• Web: www.paramountres.com
• Phone: (403) 290-2940
• Fax: 403-262-7994
• Employees: 579
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $37.00
• High Stock Price Target: $37.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: +185.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.66
• Trailing P/E Ratio: 7.28
• Forward P/E Ratio: 7.45
• P/E Growth: N/A
• Net Income: $348.32 million
• Net Margins: 19.96%
• Pretax Margin: 24.16%
• Return on Equity: 10.04%
• Return on Assets: 8.00%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 0.62
• Quick Ratio: 0.62

Sales & Book Value

• Annual Sales: $1.33 billion
• Price / Sales: 1.39
• Cash Flow: $1.95 per share
• Price / Cash Flow: 6.65
• Book Value: $17.93 per share
• Price / Book: 0.72

Miscellaneous

• Outstanding Shares: 143,280,000
• Free Float: 94,210,000
• Market Cap: $1.86 billion
• Optionable: Not Optionable
• Beta: 2.46