OTCMKTS:PRMRF

Paramount Resources (PRMRF) Stock Price, News & Analysis

$23.58
+0.16 (+0.68%)
(As of 04/29/2024 ET)
Today's Range
$23.31
$23.74
50-Day Range
$19.49
$23.58
52-Week Range
$18.19
$24.95
Volume
38,485 shs
Average Volume
23,725 shs
Market Capitalization
$3.43 billion
P/E Ratio
10.08
Dividend Yield
2.76%
Price Target
$20.06

Paramount Resources MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.9% Downside
$20.06 Price Target
Short Interest
Bearish
0.84% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.68 out of 5 stars

PRMRF stock logo

About Paramount Resources Stock (OTCMKTS:PRMRF)

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.

PRMRF Stock Price History

PRMRF Stock News Headlines

Charles Payne’s Gift to Stock Investors
Right now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.
Charles Payne’s Gift to Stock Investors
Right now, millions of good honest folks are feeling the squeeze. Last year's terrible market did a number on their accounts. Stock values plunged. Retirement accounts lost too.
Paramount Resources price target lowered by C$2.50 at Stifel
Paramount Resources: Q4 Earnings Snapshot
Memory Care Communities Near Paramount, CA
Paramount Resources: Beating A Cold Air Front
Paramount Resources Ltd. (TSE:POU) Goes Ex-Dividend Soon
Paramount Resources Ltd Class A PRMRF
Paramount Resources: Back To Growth
See More Headlines
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Company Calendar

Last Earnings
3/06/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/30/2024
Dividend Payable
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas exploration services
Sub-Industry
N/A
Current Symbol
OTCMKTS:PRMRF
CIK
N/A
Employees
579
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.06
High Stock Price Target
$37.00
Low Stock Price Target
$11.50
Potential Upside/Downside
-14.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$348.32 million
Pretax Margin
37.54%

Debt

Sales & Book Value

Annual Sales
$1.33 billion
Cash Flow
$1.93 per share
Book Value
$17.93 per share

Miscellaneous

Free Float
92,751,000
Market Cap
$3.43 billion
Optionable
Not Optionable
Beta
2.66
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Key Executives

  • Mr. James H. T. Riddell BSc (Age 57)
    MSc (Geology), Chairman, President & CEO
    Comp: $535.87k
  • Mr. Paul Robert Kinvig
    Chief Financial Officer
  • Mr. David Blake Reid
    Executive Vice President of Operations
  • Mr. Rodrigo R. Sousa B.Com.
    C.F.A., Executive Vice President of Corporate Development & Planning
  • Mr. Bernard K. Lee
    Executive Vice President of Finance
  • Mr. Mark Gordon Franko
    General Counsel & Corporate Secretary
  • Mr. Phillip G. Tahmazian
    Vice President of Midstream & Marketing
  • Mr. Garth W. J. Stotts
    Executive Vice President of Development & Reserves
  • Mr. John B. Williams
    Executive Vice President of Kaybob Region

PRMRF Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Resources stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRMRF shares.
View PRMRF analyst ratings
or view top-rated stocks.

What is Paramount Resources' stock price target for 2024?

2 brokers have issued 1-year price objectives for Paramount Resources' stock. Their PRMRF share price targets range from $11.50 to $37.00. On average, they predict the company's stock price to reach $20.06 in the next twelve months. This suggests that the stock has a possible downside of 14.9%.
View analysts price targets for PRMRF
or view top-rated stocks among Wall Street analysts.

How have PRMRF shares performed in 2024?

Paramount Resources' stock was trading at $19.6035 at the start of the year. Since then, PRMRF shares have increased by 20.3% and is now trading at $23.58.
View the best growth stocks for 2024 here
.

How were Paramount Resources' earnings last quarter?

Paramount Resources Ltd. (OTCMKTS:PRMRF) announced its earnings results on Wednesday, March, 6th. The company reported $0.55 earnings per share for the quarter. The business earned $345.63 million during the quarter. Paramount Resources had a trailing twelve-month return on equity of 10.96% and a net margin of 25.95%.

How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources?

Paramount Resources announced a dividend on Saturday, April 6th. Investors of record on Monday, April 15th will be paid a dividend of $0.0924 per share on Tuesday, April 30th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Friday, April 12th. This is an increase from the stock's previous dividend of $0.09.
Read our dividend analysis for PRMRF
.

Is Paramount Resources a good dividend stock?

Paramount Resources (OTCMKTS:PRMRF) pays an annual dividend of $0.65 per share and currently has a dividend yield of 2.77%. The dividend payout ratio is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PRMRF.

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.

This page (OTCMKTS:PRMRF) was last updated on 4/30/2024 by MarketBeat.com Staff

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