Paramount Resources Ltd. (TSX: POU)

Canada flag Canada · Delayed Price · Currency is CAD
29.24
+0.06 (0.21%)
Dec 20, 2024, 4:00 PM EST
9.88%
Market Cap 4.30B
Revenue (ttm) 1.80B
Net Income (ttm) 360.50M
Shares Out 147.00M
EPS (ttm) 2.42
PE Ratio 12.09
Forward PE n/a
Dividend 1.80 (6.16%)
Ex-Dividend Date Dec 16, 2024
Volume 644,301
Open 29.21
Previous Close 29.18
Day's Range 28.86 - 29.57
52-Week Range 24.51 - 33.06
Beta 3.04
Analysts n/a
Price Target n/a
Earnings Date Mar 5, 2025

About Paramount Resources

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 H... [Read more]

Sector Energy
Founded 1976
Employees 579
Stock Exchange Toronto Stock Exchange
Ticker Symbol POU
Full Company Profile

Financial Performance

In 2023, Paramount Resources's revenue was 1.80 billion, a decrease of -17.81% compared to the previous year's 2.19 billion. Earnings were 470.20 million, a decrease of -30.91%.

Financial Statements

News

Paramount Resources Ltd. Announces Planned Post-Transaction Special Distribution, Dividend Policy and Guidance

CALGARY, AB , Dec. 18, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its plans, subject to shareholder approval, for a $15.00 per share specia...

2 days ago - Benzinga

Paramount Resources Ltd. Announces December Dividend

CALGARY, AB , Dec. 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per comm...

19 days ago - Benzinga

The agreement between Ovintiv and Paramount Resources

Gabe Daoud, managing director and senior analyst at Td Cowen, talks about Ovintiv's agreement with Paramount Resources.

5 weeks ago - BNN Bloomberg

Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback

Ovintiv Inc. (NYSE: OVV) shares are trading higher after the company inked a definitive purchase agreement to acquire certain Montney assets from Paramount Resources Ltd. (OTC: PRMRF), in an all-cas...

5 weeks ago - Benzinga

Ovintiv Expands in Canadas Montney Shale With $2.4 Billion Deal

The oil and gas industrys mergers and acquisitions continue to expand to Canada, with Ovintiv agreeing to buy assets of Paramount Resources in the Montney shale play for US$2.37 billion (C$3.325 billi...

5 weeks ago - OilPrice com

High Yield Oil And Gas Ranked By Relative Quality

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-...

5 weeks ago - Seeking Alpha

Top 5 Businesses We Own: Q3 2024 Update

ARCH and CONSOL's merger, closing in 2025, is expected to yield synergies amid rising met coal demand driven by Southeast Asia's urbanization and economic growth. Builders FirstSource's shift to value...

2 months ago - Seeking Alpha

Paramount Resources Ltd. Announces October Dividend

CALGARY, AB , Oct. 1, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per comm...

2 months ago - Benzinga

Paramount Resources Ltd. Announces September Dividend and the Licensing of its First Two Montney Appraisal Wells at Sinclair

CALGARY, AB , Sept. 3, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per com...

3 months ago - Benzinga

Paramount Resources: Proceeding From Very Profitable To Embarrassingly Profitable

Paramount Resources is a highly profitable company focused on very rich gas production. Click here to read why PRMRF stock is a Strong Buy.

4 months ago - Seeking Alpha

Paramount Resources reports Q2 results

5 months ago - Seeking Alpha

Paramount Resources Ltd. Announces Second Quarter 2024 Results

CALGARY, AB , Aug. 1, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its second quarter 2024 financial and operating results, highlighted by st...

5 months ago - Benzinga

Top 5 Businesses We Own: Q2 2024 Update

The businesses we own are at extremely attractive prices with safe balance sheets and capable management. We have a large exposure to energy names/royalty companies, natural resource companies, cyclic...

5 months ago - Seeking Alpha

PARAMOUNT RESOURCES LTD. ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID AND JULY DIVIDEND

CALGARY, AB , July 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Company's not...

6 months ago - Benzinga

Paramount Resources Ltd. Announces June Dividend

CALGARY, AB , June 3, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per comm...

7 months ago - Benzinga

Paramount Resources: Dividend Up 20% With A Debt Free Balance Sheet

Paramount Resources is a Canadian company with a debt-free balance sheet, offering a monthly dividend of C$.15 per share. Read more here.

8 months ago - Seeking Alpha

Paramount Resources Ltd. Announces First Quarter 2024 Results and 20% Dividend Increase

CALGARY, AB , May 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its first quarter 2024 financial and operating results, highlighted by stro...

8 months ago - Benzinga

Paramount Resources Ltd. Announces April Dividend

CALGARY, AB , April 1, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per co...

9 months ago - Benzinga