OTCMKTS:PRMRF Paramount Resources (PRMRF) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free PRMRF Stock Alerts $20.19 +0.13 (+0.65%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$19.83▼$20.1950-Day Range$18.33▼$23.0652-Week Range$18.19▼$25.10Volume22,212 shsAverage Volume43,981 shsMarket Capitalization$2.92 billionP/E Ratio8.63Dividend Yield3.67%Price Target$13.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get Paramount Resources alerts: Email Address Paramount Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside34.1% Downside$13.31 Price TargetShort InterestHealthy0.93% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.1.65 out of 5 stars 1.5 Analyst's Opinion Consensus RatingParamount Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.31, Paramount Resources has a forecasted downside of 34.1% from its current price of $20.19.Amount of Analyst CoverageParamount Resources has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.93% of the outstanding shares of Paramount Resources have been sold short.Short Interest Ratio / Days to CoverParamount Resources has a short interest ratio ("days to cover") of 11, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently decreased by 16.98%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipParamount Resources is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthParamount Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Paramount Resources is 31.62%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRMRF. Previous Next 2.8 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 1.00. 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 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for Paramount Resources this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for PRMRF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have not sold or bought any company stock.Percentage Held by Insiders36.30% 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 InstitutionsOnly 4.14% of the stock of Paramount Resources is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 8.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 8.63, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.12.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaTop Project Outperforms BTC in 2023…According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.Just click here for instant access to the #1 Coin for 2024. 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. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.Read More PRMRF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRMRF Stock News HeadlinesMarch 7, 2024 | realmoney.thestreet.comParamount Resources price target lowered by C$2.50 at StifelMarch 6, 2024 | marketwatch.comParamount Resources Shares Fall on Lower Sales Volumes Expectations for 2024March 28, 2024 | Porter & Company (Ad)AI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.March 6, 2024 | sfgate.comParamount Resources: Q4 Earnings SnapshotMarch 6, 2024 | finance.yahoo.comParamount Resources Ltd. Announces 2023 Annual Results, Non-Core Asset Disposition and Revised 2024 GuidanceFebruary 28, 2024 | health.usnews.comMemory Care Communities Near Paramount, CAFebruary 1, 2024 | msn.com'Immediately take this deal': Wall Street sees Byron Allen's Paramount bid as a saviorJanuary 14, 2024 | seekingalpha.comParamount Resources: Beating A Cold Air FrontMarch 28, 2024 | Porter & Company (Ad)AI Bubble Now at Critical MassWashington, D.C., has just issued its first round of new artificial-intelligence (“AI”) regulations. And a flood of additional AI bills is making its way through Congress. Nasdaq reports this could bring a screeching halt to the AI stock boom.December 8, 2023 | bbc.comTop Gun maker Paramount sued over copyright breachNovember 9, 2023 | finance.yahoo.comParamount Resources Ltd. (TSE:POU) Goes Ex-Dividend SoonOctober 31, 2023 | morningstar.comParamount Resources Ltd Class A PRMRFOctober 19, 2023 | tmcnet.comParamount Celebrates 25 Years of Purposeful Innovation and Announces New SMB-Focused Services for Key Digital Technology CapabilitiesOctober 5, 2023 | msn.comParamount Resources: Back To GrowthSeptember 20, 2023 | msn.comParamount Plus (Finally) Set For Launch in JapanAugust 2, 2023 | finance.yahoo.comParamount Resources Ltd. Announces Second Quarter 2023 ResultsJuly 28, 2023 | msn.comParamount Finishes Upfront With Gains in Digital, ProgrammaticJuly 20, 2023 | yahoo.com7 new to Paramount Plus movies with 90% or higher on Rotten Tomatoes in July 2023July 4, 2023 | financialpost.comParamount Resources lowers guidance on sales volumes for first half of the year due to wildfiresJuly 4, 2023 | theglobeandmail.comParamount Resources says it has largely restored production hit by Alberta wildfiresJuly 4, 2023 | finance.yahoo.comPARAMOUNT RESOURCES LTD. ANNOUNCES PRODUCTION UPDATE, RENEWAL OF NORMAL COURSE ISSUER BID AND JULY DIVIDENDJuly 4, 2023 | finance.yahoo.comParamount Resources says largely restored production hit by Alberta wildfiresJuly 1, 2023 | benzinga.comParamount Resources Stock (OTC:PRMRF), DividendsJune 24, 2023 | yahoo.com7 new to Paramount Plus movies with 90% or higher on Rotten Tomatoes in June 2023June 24, 2023 | yahoo.com'1883' Is Airing On Paramount With New Featurettes For FansJune 21, 2023 | msn.comParamount Plus Renews ‘School Spirits’June 19, 2023 | msn.comParamount Resources: Debt Free And Rapidly GrowingSee More Headlines Receive PRMRF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paramount Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/29 Dividend2/14/2024Dividend Payable2/29/2024Last Earnings3/06/2024Ex-Dividend for 3/28 Dividend3/14/2024Today3/28/2024Dividend Payable3/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorOils/Energy Industry Oil & gas exploration services Sub-IndustryN/A Current SymbolOTCMKTS:PRMRF CUSIPN/A CIKN/A Webwww.paramountres.com Phone(403) 290-2940Fax403-262-7994Employees579Year FoundedN/APrice Target and Rating Average Stock Price Target$13.31 High Stock Price Target$16.75 Low Stock Price Target$10.00 Potential Upside/Downside-34.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.34 Trailing P/E Ratio8.63 Forward P/E RatioN/A P/E GrowthN/ANet Income$348.29 million Net Margins25.95% Pretax Margin37.54% Return on Equity10.96% Return on Assets8.84% Debt Debt-to-Equity RatioN/A Current Ratio0.71 Quick Ratio0.74 Sales & Book Value Annual Sales$1.33 billion Price / Sales2.19 Cash Flow$1.93 per share Price / Cash Flow10.45 Book Value$18.20 per share Price / Book1.11Miscellaneous Outstanding Shares144,760,000Free Float92,214,000Market Cap$2.92 billion OptionableNot Optionable Beta2.67 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. James H. T. Riddell BSc (Age 57)MSc (Geology), Chairman, President & CEO Comp: $537.56kMr. Paul Robert KinvigChief Financial OfficerMr. David Blake ReidExecutive Vice President of OperationsMr. Rodrigo R. Sousa B.Com.C.F.A., Executive Vice President of Corporate Development & PlanningMr. Bernard K. LeeExecutive Vice President of FinanceMr. Mark Gordon FrankoGeneral Counsel & Corporate SecretaryMr. Phillip G. TahmazianVice President of Midstream & MarketingMr. Garth W. J. StottsExecutive Vice President of Development & ReservesMr. John B. WilliamsExecutive Vice President of Kaybob RegionMore ExecutivesKey CompetitorsHarbour EnergyOTCMKTS:HBRIYPremier OilOTCMKTS:PMOIYHarbour EnergyOTCMKTS:HBRIDAfrica OilOTCMKTS:AOIFFShowa Shell Sekiyu K.K.OTCMKTS:SWSKFView All Competitors PRMRF Stock Analysis - Frequently Asked Questions Should I buy or sell Paramount Resources stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 1 buy rating 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? 1 brokers have issued 12 month price targets for Paramount Resources' stock. Their PRMRF share price targets range from $10.00 to $16.75. On average, they predict the company's stock price to reach $13.31 in the next year. This suggests that the stock has a possible downside of 34.1%. 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 on January 1st, 2024. Since then, PRMRF stock has increased by 3.0% and is now trading at $20.19. View the best growth stocks for 2024 here. Are investors shorting Paramount Resources? Paramount Resources saw a decrease in short interest in March. As of March 15th, there was short interest totaling 1,342,500 shares, a decrease of 17.0% from the February 29th total of 1,617,000 shares. Based on an average daily trading volume, of 121,600 shares, the short-interest ratio is currently 11.0 days. View Paramount Resources' Short Interest. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (OTCMKTS:PRMRF) posted its quarterly earnings data on Wednesday, March, 6th. The company reported $0.55 earnings per share (EPS) for the quarter. The company earned $345.63 million during the quarter. Paramount Resources had a net margin of 25.95% and a trailing twelve-month return on equity of 10.96%. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources announced a dividend on Saturday, March 9th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.0921 per share on Thursday, March 28th. This represents a dividend yield of 5.43%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for PRMRF. Is Paramount Resources a good dividend stock? Paramount Resources (OTCMKTS:PRMRF) pays an annual dividend of $0.74 per share and currently has a dividend yield of 3.69%. The dividend payout ratio is 31.62%. 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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