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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Credit Suisse takeover hits heart of Swiss banking, identity
Did You See These Trend Reversals? (Ad)pixel
Intensity and insults rise as lawmakers debate debt ceiling
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Credit Suisse takeover hits heart of Swiss banking, identity
Did You See These Trend Reversals? (Ad)pixel
Intensity and insults rise as lawmakers debate debt ceiling
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
Did You See These Trend Reversals? (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
Did You See These Trend Reversals? (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Credit Suisse takeover hits heart of Swiss banking, identity
Did You See These Trend Reversals? (Ad)pixel
Intensity and insults rise as lawmakers debate debt ceiling
Canada approves largest telecom deal in country's history
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

See Top Rated MarketRank™ Stocks Here

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

April 1, 2023 | americanbankingnews.com
Paramount Resources Ltd. (OTCMKTS:PRMRF) Sees Large Decrease in Short Interest
March 10, 2023 | finance.yahoo.com
Paramount Resources (TSE:POU) Could Be A Buy For Its Upcoming Dividend
April 1, 2023 | Investorplace Media (Ad)
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March 7, 2023 | msn.com
Paramount Resources reports Q4 results
February 18, 2023 | cnet.com
Paramount Plus to Hike Prices by as Much as $2 a Month, Likely in July
February 15, 2023 | finance.yahoo.com
Paramount Resources Ltd. (PRMRF)
January 31, 2023 | finance.yahoo.com
Do Its Financials Have Any Role To Play In Driving Paramount Resources Ltd.'s (TSE:POU) Stock Up Recently?
January 25, 2023 | markets.businessinsider.com
Analysts Offer Insights on Utilities Companies: Cenovus Energy (CVE), Paramount Resources (OtherPRMRF) and Chord Energy (CHRD)
April 1, 2023 | Vantage Point (Ad)
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January 11, 2023 | finance.yahoo.com
Paramount Resources Ltd. Announces Closing of Disposition, Special Dividend and Updated Guidance
January 3, 2023 | seekingalpha.com
Paramount Resources Ltd. declares CAD 0.125 dividend
December 11, 2022 | seekingalpha.com
Paramount Resources: Family Owned And Conservatively Managed
December 9, 2022 | finance.yahoo.com
Paramount Resources Ltd. Announces $375 Million Asset Sale, Planned Special Dividend and Production Update
December 5, 2022 | finance.yahoo.com
Is Now The Time To Put Paramount Resources (TSE:POU) On Your Watchlist?
November 9, 2022 | finance.yahoo.com
Paramount Resources Third Quarter 2022 Earnings: EPS: CA$1.57 (vs CA$2.20 in 3Q 2021)
November 4, 2022 | markets.businessinsider.com
Analysts Offer Insights on Utilities Companies: Baytex Energy (OtherBTEGF) and Paramount Resources (OtherPRMRF)
November 3, 2022 | nasdaq.com
Paramount Global (PARA) Q3 Earnings Miss, Revenues Rise Y/Y
November 2, 2022 | finance.yahoo.com
Paramount Resources Ltd.'s (TSE:POU) largest shareholders are individual investors who were rewarded as market cap surged CA$513m last week
October 10, 2022 | nasdaq.com
Paramount Global (PARA) Drops Transformers: EarthSpark Teaser
October 5, 2022 | msn.com
Paramount Plus Releases Documentary Trailer for this Famed Civil Rights Icon
September 23, 2022 | morningstar.com
Paramount Resources Ltd Class A
September 19, 2022 | seekingalpha.com
Brian Robbins Is Right: Paramount Should Make More Movies
September 10, 2022 | finance.yahoo.com
Should Income Investors Look At Paramount Resources Ltd. (TSE:POU) Before Its Ex-Dividend?
August 8, 2022 | finance.yahoo.com
Three Days Left To Buy Paramount Resources Ltd. (TSE:POU) Before The Ex-Dividend Date
August 4, 2022 | seekingalpha.com
Paramount Resources: Patience Finally Rewarded
August 3, 2022 | marketwatch.com
Paramount Resources Swings to 2Q Profit on Increased Oil Prices
August 3, 2022 | finance.yahoo.com
Paramount Resources Ltd. Announces Second Quarter 2022 Results, Updated Guidance, Complementary Asset Acquisition and Non-Core Infrastructure Disposition
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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Oil & gas exploration services
Sub-Industry
N/A
Sector
Oils/Energy
Current Symbol
OTCMKTS:PRMRF
CUSIP
N/A
CIK
N/A
Web
www.paramountres.com
Phone
(403) 290-2940
Fax
403-262-7994
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

EPS (Most Recent Fiscal Year)
$1.20
Trailing P/E Ratio
18.25
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$523.52 million
Net Margins
10.30%
Pretax Margin
39.55%
Return on Equity
10.02%
Return on Assets
7.21%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
1.79
Quick Ratio
1.79

Sales & Book Value

Annual Sales
$1.73 billion
Price / Sales
1.81
Cash Flow
$4.06 per share
Price / Cash Flow
5.39
Book Value
$18.20 per share
Price / Book
1.20

Miscellaneous

Outstanding Shares
142,910,000
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

Key Competitors

View All Competitors













PRMRF Stock - Frequently Asked Questions

What is Paramount Resources' stock price forecast for 2023?

0 brokerages have issued 12-month price targets for Paramount Resources' shares. Their PRMRF share price forecasts range from $32.00 to $50.00. On average, they predict the company's stock 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 on January 1st, 2023. Since then, PRMRF stock has 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 decline in short interest in the month of March. As of March 15th, there was short interest totaling 1,181,400 shares, a decline of 17.8% from the February 28th total of 1,436,400 shares. Based on an average trading 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. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.0911 per share on Friday, March 31st. This represents a dividend yield of 5.03%. The ex-dividend date 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