OTCMKTS:PRMRF Paramount Resources (PRMRF) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free PRMRF Stock Alerts $23.55 -0.49 (-2.04%) (As of 05/10/2024 08:56 PM ET) Add Compare Share Share Today's Range$23.33▼$23.9050-Day Range$19.49▼$24.0452-Week Range$18.19▼$24.95Volume17,700 shsAverage Volume35,119 shsMarket Capitalization$3.44 billionP/E Ratio13.85Dividend Yield4.71%Price Target$20.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get Paramount Resources alerts: Email Address Paramount Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside14.8% Downside$20.06 Price TargetShort InterestHealthy0.79% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.18Based on 3 Articles This WeekInsider 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.1.93 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 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageParamount Resources has only been the subject of 1 research reports in the past 90 days.Read more about Paramount Resources' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.79% 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 27.2, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently decreased by 6.31%, 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 4.71%, 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 65.29%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Paramount Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PRMRF. Previous Next 3.4 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 1.18. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Paramount Resources this week, compared to 0 articles on an average week.MarketBeat Follows1 people have added Paramount Resources to their MarketBeat watchlist in the last 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.Read more about Paramount Resources' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 13.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 13.85, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.24.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.31. 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 The Tomorrow InvestorThe Department of Defense Has a New Drone ContractorThe Department of Defense just granted a major advantage to a small UAV provider. Since 1998, this Nasdaq-listed company has been supplying drones for civilian, enterprise, and military purposes.Click here to see how to invest 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.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 HeadlinesMay 10, 2024 | finance.yahoo.comThree Days Left Until Paramount Resources Ltd. (TSE:POU) Trades Ex-DividendMay 3, 2024 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Energy Stocks: Canadian Natural (CNQ), Paramount Resources (OtherPRMRF) and Marathon Oil (MRO)May 13, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.May 1, 2024 | markets.businessinsider.comAnalysts Are Neutral on These Energy Stocks: Cooper Energy Limited (COPJF), Paramount Resources (PRMRF)April 26, 2024 | finance.yahoo.comThe Compensation For Paramount Resources Ltd.'s (TSE:POU) CEO Looks Deserved And Here's WhyApril 11, 2024 | msn.comSkydance to meet with Paramount management next week - reportApril 11, 2024 | msn.comProposed Paramount Acquisition: What No One Is Talking AboutApril 10, 2024 | msn.comParamount directors said to seek exit as merger talks continue - WSJMay 13, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Paramount Resources: Undervalued Assets and Operational Excellence Drive Investment PotentialApril 4, 2024 | finance.yahoo.comParamount Resources (TSE:POU) Has Announced A Dividend Of CA$0.125March 30, 2024 | finance.yahoo.comWhile individual investors own 40% of Paramount Resources Ltd. (TSE:POU), private companies are its largest shareholders with 45% ownershipMarch 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 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 FrontDecember 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, ProgrammaticSee 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 Last Earnings3/06/2024Ex-Dividend for 4/30 Dividend4/12/2024Dividend Payable4/30/2024Today5/12/2024Ex-Dividend for 5/31 Dividend5/14/2024Dividend Payable5/31/2024Fiscal 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$20.06 High Stock Price Target$37.00 Low Stock Price Target$11.50 Potential Upside/Downside-14.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio13.85 Forward P/E RatioN/A P/E GrowthN/ANet Income$348.32 million Net Margins19.75% Pretax Margin37.54% Return on Equity9.90% Return on Assets7.98% Debt Debt-to-Equity RatioN/A Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$1.33 billion Price / Sales2.58 Cash Flow$1.92 per share Price / Cash Flow12.26 Book Value$17.93 per share Price / Book1.31Miscellaneous Outstanding Shares146,170,000Free Float93,112,000Market Cap$3.44 billion OptionableNot Optionable Beta2.58 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. James H. T. Riddell BSc (Age 57)MSc (Geology), Chairman, President & CEO Comp: $535.87kMr. 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:HBRIDPremier OilOTCMKTS:PMOIYHarbour EnergyOTCMKTS:HBRIYShowa Shell Sekiyu K.K.OTCMKTS:SWSKFPublic Joint Stock Company GazpromOTCMKTS:OGZPYView All Competitors 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 Wall Street research analysts have issued twelve-month target prices for Paramount Resources' stock. Their PRMRF share price targets range from $11.50 to $37.00. On average, they expect the company's share price to reach $20.06 in the next twelve months. This suggests that the stock has a possible downside of 14.8%. 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 stock has increased by 20.1% and is now trading at $23.5450. View the best growth stocks for 2024 here. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (OTCMKTS:PRMRF) released its quarterly earnings results on Wednesday, March, 6th. The company reported $0.55 EPS for the quarter. The firm earned $345.63 million during the quarter. Paramount Resources had a net margin of 19.75% and a trailing twelve-month return on equity of 9.90%. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources announced a dividend on Friday, May 10th. Investors of record on Wednesday, May 15th will be given a dividend of $0.1094 per share on Friday, May 31st. This represents a dividend yield of 5.51%. The ex-dividend date of this dividend is Tuesday, May 14th. This is a positive change 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 $1.11 per share and currently has a dividend yield of 4.71%. PRMRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.29%. 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 5/13/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaElon’s New Device is About to Shock the WorldInvestorPlaceThe A.I. story nobody is telling you (Read ASAP)TradeSmithElon to Transform U.S. Economy? Porter & CompanyBill Clinton Backing Biden Replacement???The Freeport SocietyUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Paramount Resources Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.