Paramount Resources Stock Forecast, Price & News

+0.29 (+2.33 %)
(As of 07/28/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume2,557 shs
Average Volume12,588 shs
Market Capitalization$1.72 billion
P/E Ratio16.53
Dividend YieldN/A
30 days | 90 days | 365 days | Advanced Chart
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About Paramount Resources

Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. The company's principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. It also invests in public and private corporations. The company was founded in 1976 and is based in Calgary, Canada.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

1.40 out of 5 stars

Oils/Energy Sector

250th out of 711 stocks

Oil & Gas Exploration Services Industry

3rd out of 31 stocks

Analyst Opinion: 3.1Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Paramount Resources (OTCMKTS:PRMRF) Frequently Asked Questions

Is Paramount Resources a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last twelve months. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Paramount Resources stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRMRF, but not buy additional shares or sell existing shares.
View analyst ratings for Paramount Resources
or view top-rated stocks.

What stocks does MarketBeat like better than Paramount Resources?

Wall Street analysts have given Paramount Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Paramount Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Paramount Resources?

Paramount Resources saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 80,300 shares, a drop of 42.8% from the June 15th total of 140,300 shares. Based on an average daily trading volume, of 9,700 shares, the short-interest ratio is presently 8.3 days.
View Paramount Resources' Short Interest

When is Paramount Resources' next earnings date?

Paramount Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Paramount Resources

How were Paramount Resources' earnings last quarter?

Paramount Resources Ltd. (OTCMKTS:PRMRF) posted its earnings results on Wednesday, May, 5th. The company reported ($0.26) earnings per share for the quarter. The firm had revenue of $221.01 million for the quarter. Paramount Resources had a negative trailing twelve-month return on equity of 5.65% and a net margin of 18.37%.
View Paramount Resources' earnings history

How has Paramount Resources' stock price been impacted by COVID-19?

Paramount Resources' stock was trading at $1.1735 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PRMRF shares have increased by 984.8% and is now trading at $12.73.
View which stocks have been most impacted by COVID-19

What price target have analysts set for PRMRF?

8 brokerages have issued 1 year price objectives for Paramount Resources' stock. Their forecasts range from $3.25 to $20.00. On average, they expect Paramount Resources' stock price to reach $15.04 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price.
View analysts' price targets for Paramount Resources
or view top-rated stocks among Wall Street analysts.

Who are Paramount Resources' key executives?

Paramount Resources' management team includes the following people:
  • Mr. James H. T. Riddell BSc, MSc (Geology), Chairman, Pres & CEO (Age 54, Pay $289.38k)
  • Mr. Paul Robert Kinvig, Chief Financial Officer
  • Mr. David Blake Reid, Exec. VP of Operations
  • Mr. E. Mitchell Shier LL.B, LL.M, Gen. Counsel & VP of Land (Age 63, Pay $233.25k)
  • 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. Michael S. Han, VP of Information Services & Corp. Services
  • Mr. Phillip G. Tahmazian, VP of Midstream & Marketing
  • Mr. John B. Williams, Exec. VP of Kaybob Region
  • Dr. William J. F. Roach, Chief Exec. Officer of Pixar and Pres of Pixar (Age 64)

Who are some of Paramount Resources' key competitors?

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 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 $12.73.

How much money does Paramount Resources make?

Paramount Resources has a market capitalization of $1.72 billion and generates $467.36 million in revenue each year.

How many employees does Paramount Resources have?

Paramount Resources employs 497 workers across the globe.

What is Paramount Resources' official website?

The official website for Paramount Resources is www.paramountres.com.

Where are Paramount Resources' headquarters?

Paramount Resources is headquartered at 421 SEVENTH AVENUE SW SUITE 2800, CALGARY A0, T2P 4K9.

How can I contact Paramount Resources?

Paramount Resources' mailing address is 421 SEVENTH AVENUE SW SUITE 2800, CALGARY A0, T2P 4K9. The company can be reached via phone at 403-290-3600 or via email at [email protected]

This page was last updated on 7/29/2021 by MarketBeat.com Staff
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