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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
This Stock Could Go Up 66% or More. (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
This Stock Could Go Up 66% or More. (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
OTCMKTS:PRMRF

Paramount Resources (PRMRF) Stock Forecast, Price & News

$23.61
-0.03 (-0.13%)
(As of 09/22/2023 ET)
Compare
Today's Range
$23.55
$23.83
50-Day Range
$21.61
$24.80
52-Week Range
$16.21
$25.10
Volume
28,665 shs
Average Volume
31,067 shs
Market Capitalization
$3.39 billion
P/E Ratio
15.85
Dividend Yield
4.70%
Price Target
$13.31

Paramount Resources MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.6% Downside
$13.31 Price Target
Short Interest
Healthy
0.23% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

1.56 out of 5 stars


PRMRF stock logo

About Paramount Resources (OTCMKTS:PRMRF) Stock

Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 185,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development, the Kaybob North Montney oil development and other low-decline, legacy shale gas, and conventional natural gas producing properties covering an area of 745,000 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 811,000 net acres. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.

PRMRF Price History

PRMRF Stock News Headlines

Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
See More Headlines
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PRMRF Company Calendar

Last Earnings
8/02/2023
Ex-Dividend for 8/31 Dividend
8/14/2023
Dividend Payable
8/31/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
9/29/2023
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
526
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.31
High Stock Price Forecast
$16.75
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-43.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$523.52 million
Pretax Margin
45.70%

Debt

Sales & Book Value

Annual Sales
$1.73 billion
Cash Flow
$4.04 per share
Book Value
$18.20 per share

Miscellaneous

Free Float
91,473,000
Market Cap
$3.39 billion
Optionable
Not Optionable
Beta
2.89
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Key Executives

  • Mr. James H. T. Riddell BSc (Age 56)
    MSc (Geology), Chairman, Pres & CEO
    Comp: $536.27k
  • Mr. Paul Robert Kinvig
    Chief Financial Officer
  • Mr. David Blake Reid
    Exec. VP of Operations
  • Mr. Rodrigo R. Sousa B.Com.
    C.F.A., CFA, Exec. VP of Corp. Devel. & Planning
  • Mr. Bernard K. Lee
    Exec. VP of Fin.
  • Mr. Mark Gordon Franko
    Gen. Counsel & Corp. Sec.
  • Mr. Phillip G. Tahmazian
    VP of Midstream & Marketing
  • Mr. Garth W. J. Stotts
    Exec. VP of Devel. & Reserves
  • Mr. John B. Williams
    Exec. VP of Kaybob Region













PRMRF Stock - 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 twelve months. 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 forecast for 2023?

1 brokerages have issued 1-year price targets for Paramount Resources' stock. Their PRMRF share price forecasts range from $10.00 to $16.75. On average, they expect the company's stock price to reach $13.31 in the next twelve months. This suggests that the stock has a possible downside of 43.6%.
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 beginning of the year. Since then, PRMRF shares have increased by 11.6% and is now trading at $23.61.
View the best growth stocks for 2023 here
.

Are investors shorting Paramount Resources?

Paramount Resources saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 334,500 shares, a decline of 25.5% from the August 15th total of 449,100 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is currently 14.4 days.
View Paramount Resources' Short Interest
.

How were Paramount Resources' earnings last quarter?

Paramount Resources Ltd. (OTCMKTS:PRMRF) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.37 EPS for the quarter. The firm had revenue of $278.75 million for the quarter. Paramount Resources had a trailing twelve-month return on equity of 4.63% and a net margin of 14.06%.

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

Paramount Resources declared a dividend on Saturday, September 9th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.0924 per share on Friday, September 29th. This represents a dividend yield of 4.6%. The ex-dividend date is Thursday, September 14th.
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 4.70%. PRMRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.50%. This payout ratio is at a healthy, sustainable level, below 75%.
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 $23.61.

How much money does Paramount Resources make?

Paramount Resources (OTCMKTS:PRMRF) has a market capitalization of $3.39 billion and generates $1.73 billion in revenue each year. The company earns $523.52 million in net income (profit) each year or $1.49 on an earnings per share basis.

How many employees does Paramount Resources have?

The company employs 526 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 9/24/2023 by MarketBeat.com Staff

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