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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
Buy THIS stock before Taiwan is attacked (Ad)
UK travelers face hours-long waits for ferries to France
Intensity and insults rise as lawmakers debate debt ceiling
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Small areas reopen near Fukushima nuclear plant, few return
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
Lanterns and crescents: more retailers court Ramadan buyers
OTCMKTS:PRMRF

Paramount Resources - PRMRF Stock Forecast, Price & News

$21.90
+0.08 (+0.37%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$21.80
$22.12
50-Day Range
$20.04
$23.71
52-Week Range
$16.21
$32.53
Volume
32,293 shs
Average Volume
27,926 shs
Market Capitalization
$3.13 billion
P/E Ratio
18.25
Dividend Yield
5.02%
Price Target
$41.30

Paramount Resources MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
88.6% Upside
$41.30 Price Target
Short Interest
Healthy
0.83% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.96mentions of Paramount Resources in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars


PRMRF stock logo

About Paramount Resources (OTCMKTS:PRMRF) Stock

Paramount Resources Ltd. explores and develops both conventional and unconventional petroleum and natural gas resources. It operates through the following regions: Grande Prairie Region, Kaybob Region and Central Alberta and Other Region. The company was founded by Clayton H. Riddell on February 14, 1978 and is headquartered in Calgary, Canada.

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PRMRF Stock News Headlines

Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
Paramount Resources Ltd. (PRMRF)
Banking Nightmare
During and after the Great Financial Crisis of 2008, 485 U.S. banks went under. Here at Weiss Ratings, we warned about 484 — an accuracy rate of 99.8%. Now, we have a new warning. But this time, it's not just about a few hundred banks … it's about nearly every single bank in America …
Paramount Resources Ltd. declares CAD 0.125 dividend
Paramount Resources Ltd Class A
Brian Robbins Is Right: Paramount Should Make More Movies
Paramount Resources: Patience Finally Rewarded
See More Headlines
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PRMRF Company Calendar

Ex-Dividend for 2/28 Dividend
2/14/2023
Dividend Payable
2/28/2023
Ex-Dividend for 3/31 Dividend
3/14/2023
Dividend Payable
3/31/2023
Today
4/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas exploration services
Sub-Industry
N/A
Current Symbol
OTCMKTS:PRMRF
CIK
N/A
Employees
475
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$41.30
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+88.6%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$523.52 million
Pretax Margin
39.55%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Cash Flow
$4.06 per share
Book Value
$18.20 per share

Miscellaneous

Free Float
91,034,000
Market Cap
$3.13 billion
Optionable
Not Optionable
Beta
2.93

Key Executives

  • Jim Riddell
    Chairman, President & Chief Executive Officer
  • David Blake Reid
    Executive Vice President-Operations
  • Paul Robert Kinvig
    Chief Financial Officer
  • Michael Han
    VP-Information Services & Corporate Services
  • Joerg Wittenberger
    Vice President-Grande Prairie













PRMRF Stock - Frequently Asked Questions

What is Paramount Resources' stock price forecast for 2023?

0 Wall Street research analysts have issued 1 year target prices for Paramount Resources' stock. Their PRMRF share price forecasts range from $32.00 to $50.00. On average, they expect the company's share price to reach $41.30 in the next year. This suggests a possible upside of 88.6% from the stock's current price.
View analysts price targets for PRMRF
or view top-rated stocks among Wall Street analysts.

How have PRMRF shares performed in 2023?

Paramount Resources' stock was trading at $21.15 at the start of the year. Since then, PRMRF shares have increased by 3.5% and is now trading at $21.90.
View the best growth stocks for 2023 here
.

Are investors shorting Paramount Resources?

Paramount Resources saw a drop in short interest in March. As of March 15th, there was short interest totaling 1,181,400 shares, a drop of 17.8% from the February 28th total of 1,436,400 shares. Based on an average daily volume of 39,300 shares, the days-to-cover ratio is presently 30.1 days.
View Paramount Resources' Short Interest
.

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

Paramount Resources announced a dividend on Friday, March 10th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.0911 per share on Friday, March 31st. This represents a yield of 5.03%. The ex-dividend date of this dividend is Tuesday, March 14th.
Read our dividend analysis for PRMRF
.

Is Paramount Resources a good dividend stock?

Paramount Resources (OTCMKTS:PRMRF) pays an annual dividend of $1.10 per share and currently has a dividend yield of 5.04%. PRMRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 91.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PRMRF.

What is Paramount Resources' stock symbol?

Paramount Resources trades on the OTCMKTS under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Paramount Resources' stock price today?

One share of PRMRF stock can currently be purchased for approximately $21.90.

How much money does Paramount Resources make?

Paramount Resources (OTCMKTS:PRMRF) has a market capitalization of $3.13 billion and generates $1.73 billion in revenue each year. The company earns $523.52 million in net income (profit) each year or $1.20 on an earnings per share basis.

How many employees does Paramount Resources have?

The company employs 475 workers across the globe.

How can I contact Paramount Resources?

Paramount Resources' mailing address is 421 SEVENTH AVENUE SW SUITE 2800, CALGARY A0, T2P 4K9. The official website for the company is www.paramountres.com. The company can be reached via phone at (403) 290-2940, via email at info@paramountres.com, or via fax at 403-262-7994.

This page (OTCMKTS:PRMRF) was last updated on 4/1/2023 by MarketBeat.com Staff