TSE:POU Paramount Resources (POU) Stock Forecast, Price & News C$29.93 +1.29 (+4.50%) (As of 06/2/2023 ET) Add Compare Share Share Today's RangeC$29.39▼C$30.0150-Day RangeC$28.49▼C$33.1152-Week RangeC$22.16▼C$40.73Volume222,759 shsAverage Volume322,043 shsMarket CapitalizationC$4.28 billionP/E Ratio5.23Dividend Yield5.01%Price TargetC$38.07 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Paramount Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside27.2% UpsideC$38.07 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.68Based on 5 Articles This WeekInsider TradingSelling SharesC$266,006 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.79 out of 5 stars 3.3 Analyst's Opinion Consensus RatingParamount Resources has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$38.07, Paramount Resources has a forecasted upside of 27.2% from its current price of C$29.93.Amount of Analyst CoverageParamount Resources has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for POU. Previous Next 2.5 Dividend Strength Dividend LeadershipParamount Resources is a leading dividend payer. It pays a dividend yield of 5.10%, 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 26.22%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for POU. Previous Next 2.6 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 0.68. 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 is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Paramount Resources this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Paramount Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$266,006.00 in company stock.Percentage Held by Insiders46.00% 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 7.24% of the stock of Paramount Resources is held by institutions. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 5.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 5.23, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 87.86.Price to Earnings Growth RatioParamount Resources has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.28. 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 About Paramount Resources (TSE:POU) StockParamount 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. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.Read More Receive POU 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 POU Stock News HeadlinesMay 30, 2023 | markets.businessinsider.comParamount Resources (PRMRF) Receives a Rating Update from a Top AnalystMay 29, 2023 | seekingalpha.comParamount Resources provides production and wildfire updateJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 29, 2023 | finance.yahoo.comPARAMOUNT RESOURCES LTD. PROVIDES PRODUCTION AND WILDFIRE UPDATEMay 15, 2023 | finance.yahoo.comUPDATE 1-Canada PM Trudeau heads for Alberta as wildfires rageMay 10, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd up on Tuesday (POU)May 8, 2023 | reuters.comAlberta wildfire shuts in at least 2% of Canadian energy productionMay 8, 2023 | theglobeandmail.comHow the wildfires in Alberta have impacted energy companiesJune 3, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 7, 2023 | finance.yahoo.comWhy You Might Be Interested In Paramount Resources Ltd. (TSE:POU) For Its Upcoming DividendMay 5, 2023 | seekingalpha.comParamount Resources GAAP EPS of $1.33, revenue of $383.2MMay 5, 2023 | americanbankingnews.comParamount Resources (TSE:POU) Price Target Cut to C$40.00 by Analysts at Stifel NicolausApril 29, 2023 | americanbankingnews.comFY2024 EPS Estimates for Paramount Resources Ltd. Lifted by Stifel Firstegy (TSE:POU)April 29, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd up on Friday (POU)April 28, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Paramount Resources Ltd.'s FY2023 Earnings (TSE:POU)April 20, 2023 | americanbankingnews.comJohn B. Williams Sells 8,000 Shares of Paramount Resources Ltd. (TSE:POU) StockApril 20, 2023 | americanbankingnews.comNational Bankshares Increases Paramount Resources (TSE:POU) Price Target to C$40.00April 16, 2023 | americanbankingnews.comParamount Resources (TSE:POU) PT Lowered to C$37.50April 14, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd flat on Friday (POU)April 11, 2023 | finance.yahoo.comPrivate companies account for 46% of Paramount Resources Ltd.'s (TSE:POU) ownership, while individual investors account for 46%April 10, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd up on Monday (POU)April 6, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd down on Thursday (POU)April 4, 2023 | americanbankingnews.comParamount Resources Ltd. (TSE:POU) Plans Monthly Dividend of $0.13March 28, 2023 | americanbankingnews.comParamount Resources Ltd. Expected to Post Q1 2023 Earnings of $0.80 Per Share (TSE:POU)March 21, 2023 | marketwatch.comBillionaire investor Leon Cooperman sees a ‘self-induced’ crisis and a stock picker’s market. Here’s what he’s buying.March 7, 2023 | finance.yahoo.comParamount Resources Ltd. Announces Record 2022 Annual ResultsFebruary 27, 2023 | seekingalpha.comParamount: Eating CrowSee More Headlines POU Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart POU Company Calendar Last Earnings3/07/2023Ex-Dividend for 5/31 Dividend5/12/2023Dividend Payable5/31/2023Today6/02/2023Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Next Earnings (Estimated)8/02/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Independent Oil & Gas Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:POU CUSIPN/A CIKN/A Webwww.paramountres.com Phone+1-403-2903600FaxN/AEmployees475Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$38.07 High Stock Price ForecastC$40.00 Low Stock Price ForecastC$32.00 Forecasted Upside/Downside+27.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.72 Trailing P/E Ratio5.23 Forward P/E Ratio9.92 P/E Growth0.14Net IncomeC$861 million Net Margins38.22% Pretax MarginN/A Return on Equity28.32% Return on Assets13.53% Debt Debt-to-Equity Ratio0.53 Current Ratio1.03 Quick Ratio0.68 Sales & Book Value Annual SalesC$2.25 billion Price / Sales1.90 Cash FlowC$0.06 per share Price / Cash Flow512.50 Book ValueC$23.38 per share Price / Book1.28Miscellaneous Outstanding Shares143,100,000Free FloatN/AMarket CapC$4.28 billion OptionableNot Optionable Beta3.53 Key ExecutivesMr. James H. T. Riddell BSc (Age 56)MSc (Geology), Chairman, Pres & CEO Comp: $379.7kMr. Paul Robert KinvigChief Financial OfficerMr. David Blake ReidExec. VP of OperationsMr. Rodrigo R. Sousa B.Com.C.F.A., CFA, Exec. VP of Corp. Devel. & PlanningMr. Bernard K. LeeExec. VP of Fin.Mr. E. Mitchell Shier LL.B (Age 65)LL.M, Gen. Counsel & VP of Land Mr. Mark Gordon FrankoGen. Counsel & Corp. Sec.Mr. Phillip G. TahmazianVP of Midstream & MarketingMr. John B. WilliamsExec. VP of Kaybob RegionDr. William J. F. Roach (Age 66)Chief Exec. Officer of Pixar and Pres of Pixar More ExecutivesKey CompetitorsLinamarTSE:LNRCrescent Point EnergyTSE:CPGVermilion EnergyTSE:VETNuVista EnergyTSE:NVAMEG EnergyTSE:MEGView All CompetitorsInsidersJohn B. WilliamsSold 8,000 sharesTotal: C$266,006.40 ($33.25/share)James Geral BellSold 2,278 sharesTotal: C$69,638.46 ($30.57/share)Robert M. MacdonaldBought 500 shares on 1/9/2023Total: C$13,995.00 ($27.99/share)Robert M. MacdonaldBought 300 shares on 12/30/2022Total: C$8,577.00 ($28.59/share)Bernard K. LeeBought 1,000 shares on 12/12/2022Total: C$29,000.00 ($29.00/share)View All Insider Transactions POU Stock - Frequently Asked Questions Should I buy or sell Paramount Resources stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" POU shares. View POU analyst ratings or view top-rated stocks. What is Paramount Resources' stock price forecast for 2023? 4 Wall Street research analysts have issued 1-year price objectives for Paramount Resources' stock. Their POU share price forecasts range from C$32.00 to C$40.00. On average, they predict the company's stock price to reach C$38.07 in the next year. This suggests a possible upside of 27.2% from the stock's current price. View analysts price targets for POU or view top-rated stocks among Wall Street analysts. How have POU shares performed in 2023? Paramount Resources' stock was trading at C$28.64 at the start of the year. Since then, POU stock has increased by 4.5% and is now trading at C$29.93. View the best growth stocks for 2023 here. When is Paramount Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our POU earnings forecast. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (TSE:POU) posted its quarterly earnings data on Tuesday, March, 7th. The company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.01 by $0.40. The company had revenue of $597.70 million for the quarter. Paramount Resources had a net margin of 38.22% and a trailing twelve-month return on equity of 28.32%. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources announced a monthly dividend on Thursday, June 1st. Shareholders of record on Thursday, June 15th will be given a dividend of 0.125 per share on Friday, June 30th. This represents a $1.50 annualized dividend and a yield of 5.01%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for POU. Is Paramount Resources a good dividend stock? Paramount Resources (TSE:POU) pays an annual dividend of C$1.50 per share and currently has a dividend yield of 5.10%. POU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.22%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for POU. What other stocks do shareholders of Paramount Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Resources investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Rogers Communications (RCI), Toronto-Dominion Bank (TD) and Open Text (OTEX). What is Paramount Resources' stock symbol? Paramount Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "POU." How do I buy shares of Paramount Resources? Shares of POU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Paramount Resources' stock price today? One share of POU stock can currently be purchased for approximately C$29.93. How much money does Paramount Resources make? Paramount Resources (TSE:POU) has a market capitalization of C$4.28 billion and generates C$2.25 billion in revenue each year. The company earns C$861 million in net income (profit) each year or C$5.72 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 888 3 St SW Suite 4700, CALGARY, AB T2P 5C5, Canada. The official website for the company is www.paramountres.com. The company can be reached via phone at +1-403-2903600. This page (TSE:POU) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.