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OTCMKTS:PRMRF

Paramount Resources 11/7/2024 Earnings Results & Report

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$23.56 +1.03 (+4.57%)
As of 03:51 PM Eastern

Paramount Resources missed analyst expectations on both earnings and revenue in results released November 7, 2024. The company reported EPS of $0.47 versus the $0.66 consensus estimate, while revenue of $321.08 million fell short of the $337.69 million estimate by $16.61 million.

Earnings Announcement Details

Report Date
Time
Before Market Opens

Paramount Resources EPS Results

Actual EPS
$0.47
Consensus EPS
$0.66
Beat/Miss
Missed by -$0.19
One Year Ago EPS
N/A
EPS Beat Rate
2 of last 7 quarters

Paramount Resources Revenue Results

Actual Revenue
$321.08 million
Expected Revenue
$337.69 million
Beat/Miss
Missed by -$16.61 million
YoY Revenue Growth
N/A

Upcoming Earnings

Paramount Resources' next earnings date is estimated for Tuesday, November 3, 2026, based on past reporting schedules.

Conference Call Resources

Paramount Resources Earnings FAQ

Paramount Resources (OTCMKTS:PRMRF) reported earnings of $0.47 per share for the quarter, missing the consensus estimate of $0.66. The report was announced on Thursday, November 7, 2024.

Paramount Resources reported revenue of $321.08 million for the quarter, against a consensus estimate of $337.69 million.

Paramount Resources' next earnings date is estimated for Tuesday, November 3, 2026. MarketBeat tracks confirmed and estimated earnings dates for Paramount Resources on the company's earnings history page.

Paramount Resources Earnings Headlines

Paramount Resources Declares October Cash Dividend
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About Paramount Resources

Paramount Resources (OTCMKTS:PRMRF) is a Canadian energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company focuses on developing unconventional petroleum resources and operates primarily in Alberta, Canada.

Paramount’s principal operating areas have included the Grande Prairie and Kaybob regions, where it holds prospective oil and liquids-rich natural gas properties. Its activities include drilling and completing wells, operating production facilities, and managing infrastructure used to gather and process hydrocarbons.

Founded in 1978, Paramount Resources has grown through exploration, development and strategic acquisitions, including the purchase of Apache Corporation’s Canadian oil and gas assets in 2017. The company is headquartered in Calgary, Alberta, and has historically been associated with founder George F. Brookman, who has served in senior leadership roles.

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