OTCMKTS:PRMRFParamount Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paramount Resources Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.18 -0.05 (-4.07 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$1.18Now: $1.18▼$1.1850-Day Range$0.80MA: $1.15▼$1.4152-Week Range$0.58Now: $1.18▼$6.07Volume83,805 shsAverage Volume19,787 shsMarket Capitalization$157.35 millionP/E RatioN/ADividend YieldN/ABeta3.62 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsHeadlinesSocial Media Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Its principal properties are the Montney and Duvernay developments covering approximately 3.0 million net acres located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.Read More Beat the Market (BTM) Rank™ 3.8 Analyst's Opinion Consensus RatingParamount Resources has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 3 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.71, Paramount Resources has a potential upside of 129.7% from its current price of $1.18.Amount of Analyst CoverageParamount Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.8 Community Rank Outperform VotesParamount Resources has received 97 “outperform” votes. (Add your “outperform” vote.)Underperform VotesParamount Resources has received 169 “underperform” votes. (Add your “underperform” vote.)Community SentimentParamount Resources has received 63.53% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Paramount Resources and other stocks. Vote “Outperform” if you believe PRMRF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PRMRF will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldParamount Resources does not currently pay a dividend.Dividend GrowthParamount Resources does not have a long track record of dividend growth. Previous Next 0.0 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 InstitutionsOnly 0.11% of the stock of Paramount Resources is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is -0.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is -0.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.8Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.24 out of 5 stars Industry, Sector and Symbol Stock Exchange OTCMKTS Industry Oil & gas exploration services Sub-IndustryN/A SectorOils/Energy Current SymbolOTCMKTS:PRMRF Previous Symbol CUSIPN/A CIKN/A Webwww.paramountres.com Phone403-290-3600Debt Debt-to-Equity Ratio0.30 Current Ratio0.57 Quick Ratio0.57Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$689.47 million Price / Sales0.23 Cash FlowN/A Price / Cash FlowN/A Book Value$11.77 per share Price / Book0.10Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-66,210,000.00 Net Margins-28.95% Return on Equity-7.20% Return on Assets-3.93%Miscellaneous Employees655 Outstanding Shares133,350,000Market Cap$157.35 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable OTC:PRMRF Rates by TradingView Receive PRMRF News and Ratings via Email Sign-up to receive the latest news and ratings for PRMRF and its competitors with MarketBeat's FREE daily newsletter. Paramount Resources (OTCMKTS:PRMRF) Frequently Asked Questions How has Paramount Resources' stock been impacted by COVID-19 (Coronavirus)? Paramount Resources' stock was trading at $1.1735 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PRMRF stock has increased by 0.6% and is now trading at $1.18. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Paramount Resources? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Paramount Resources. When is Paramount Resources' next earnings date? Paramount Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Paramount Resources. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd (OTCMKTS:PRMRF) released its quarterly earnings results on Wednesday, May, 13th. The company reported ($0.78) earnings per share (EPS) for the quarter. The company earned $128.32 million during the quarter. Paramount Resources had a negative return on equity of 7.20% and a negative net margin of 28.95%. View Paramount Resources' earnings history. What price target have analysts set for PRMRF? 6 brokerages have issued 12 month price objectives for Paramount Resources' stock. Their forecasts range from $1.00 to $7.50. On average, they expect Paramount Resources' stock price to reach $2.71 in the next twelve months. This suggests a possible upside of 129.7% from the stock's current price. View analysts' price targets for Paramount Resources. Has Paramount Resources been receiving favorable news coverage? Press coverage about PRMRF stock has trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Paramount Resources earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutParamount Resources. Who are some of Paramount Resources' key competitors? Some companies that are related to Paramount Resources include Africa Oil (AOIFF), Premier Oil (PMOIY), Petroleum Geo-Services ASA (PGSVY), Zion Oil & Gas (ZN), Ion Geophysical (IO), Dawson Geophysical (DWSN), NXT Energy Solutions (NSFDF), SAExploration (SAEX), Cardinal Energy Group (CEGX) and Saratoga Resources (SARA). View all competitors. 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 52)Mr. Bernard K. Lee, Exec. VP of Fin. & CFOMr. E. Mitchell Shier, Gen. Counsel, Corp. Sec. & VP of Land (Age 61)Mr. Rodrigo Sousa, VP of Corp. Devel.Mr. John B. Williams, Exec. VP of Kaybob Region 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Paramount Resources' stock price today? One share of PRMRF stock can currently be purchased for approximately $1.18. How big of a company is Paramount Resources? Paramount Resources has a market capitalization of $157.35 million and generates $689.47 million in revenue each year. Paramount Resources employs 655 workers across the globe. What is Paramount Resources' official website? The official website for Paramount Resources is www.paramountres.com. 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 5/31/2020 by MarketBeat.com Staff
