OTCMKTS:PRMRF Paramount Resources (PRMRF) Stock Price, News & Analysis $18.87 -0.33 (-1.72%) (As of 09/9/2024 ET) Add Compare Share Share Today's Range$18.76▼$19.3750-Day Range$18.87▼$23.4252-Week Range$18.19▼$24.95Volume86,796 shsAverage Volume25,963 shsMarket Capitalization$2.76 billionP/E Ratio11.10Dividend Yield6.89%Price Target$37.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get Paramount Resources alerts: Email Address Paramount Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside96.1% Upside$37.00 Price TargetShort InterestBearish1.76% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based 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.2.52 out of 5 stars 3.5 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.Amount of Analyst CoverageParamount Resources has received no research coverage in the past 90 days.Read more about Paramount Resources' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted1.76% 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 68.4, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently increased by 29.82%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipParamount Resources is a leading dividend payer. It pays a dividend yield of 6.60%, 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 76.47%. Payout ratios above 75% are not desirable because they may not be sustainable.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 2.1 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 0.70. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Paramount Resources this week, compared to 1 article on an average week. 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 11.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 11.10, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.40.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.05. 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 Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary 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 HeadlinesSeptember 7 at 6:37 AM | americanbankingnews.comParamount Resources (OTCMKTS:PRMRF) Stock Crosses Below Fifty Day Moving Average of $21.26September 5, 2024 | markets.businessinsider.comBuy Rating Affirmed: Paramount Resources’ Undervalued Assets and Promising Montney ExpansionSeptember 10, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.August 27, 2024 | msn.comParamount Board Special Committee Confirms Skydance Merger Will Close In First Half Of 2025, Says "Go-Shop" Period Has "Concluded"August 20, 2024 | msn.comEdgar Bronfman submits roughly $4.3 billion rival bid for Paramount GlobalAugust 20, 2024 | msn.comParamount suddenly has a bidding war as Edgar Bronfman makes an offerAugust 2, 2024 | msn.comParamount Shares Sink After Hours Amid Questions About Legitimacy Of Supposed New Bid – UpdateAugust 1, 2024 | ca.finance.yahoo.comParamount Resources Ltd. Announces Second Quarter 2024 ResultsSeptember 10, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.July 31, 2024 | msn.comEdgar Bronfman Jr. Still Mulling Bid For Paramount Control During Skydance "Go-Shop" PeriodJuly 30, 2024 | msn.comEdgar Bronfman Jr. Is Still Interested in Buying Paramount (NASDAQ:PARA)May 27, 2024 | seekingalpha.comSony: The 'Content Only' Business Model Fits Best For Paramount Holders With A Stake In Its FutureMay 14, 2024 | msn.comParamount falls on report Sony rethinking its bidMay 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 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 - reportSee 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 7/31 Dividend7/15/2024Dividend Payable7/31/2024Last Earnings8/01/2024Ex-Dividend for 8/30 Dividend8/15/2024Dividend Payable8/30/2024Today9/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorOils/Energy Industry Oil & gas exploration services Sub-IndustryPetroleum And Natural Gas 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$37.00 High Stock Price Target$37.00 Low Stock Price Target$37.00 Potential Upside/Downside+96.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.70 Trailing P/E Ratio11.10 Forward P/E RatioN/A P/E GrowthN/ANet Income$348.32 million Net Margins19.56% Pretax Margin24.79% Return on Equity9.90% Return on Assets7.91% Debt Debt-to-Equity RatioN/A Current Ratio0.75 Quick Ratio0.75 Sales & Book Value Annual Sales$1.33 billion Price / Sales2.07 Cash Flow$1.89 per share Price / Cash Flow10.00 Book Value$17.93 per share Price / Book1.05Miscellaneous Outstanding Shares146,460,000Free Float93,295,000Market Cap$2.76 billion OptionableNot Optionable Beta2.55 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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 CompetitorsPermian ResourcesNASDAQ:PROvintivNYSE:OVVNorsk Hydro ASAOTCMKTS:NHYDYARC ResourcesOTCMKTS:AETUFChesapeake EnergyNASDAQ:CHKView All Competitors PRMRF Stock Analysis - Frequently Asked Questions How have PRMRF shares performed this year? Paramount Resources' stock was trading at $19.6035 at the start of the year. Since then, PRMRF stock has decreased by 3.7% and is now trading at $18.8725. View the best growth stocks for 2024 here. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (OTCMKTS:PRMRF) posted its quarterly earnings results on Thursday, August, 1st. The company reported $0.42 earnings per share for the quarter. The company earned $324.22 million during the quarter. Paramount Resources had a net margin of 19.56% and a trailing twelve-month return on equity of 9.90%. 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. 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