Paramount Resources (POU) Stock Price, News & Analysis C$25.65 -0.47 (-1.80%) (As of 01:43 PM ET) Add Compare Share Share Today's RangeC$25.40▼C$26.0050-Day RangeC$25.36▼C$33.5652-Week RangeC$25.05▼C$33.80Volume130,344 shsAverage Volume268,284 shsMarket CapitalizationC$3.69 billionP/E Ratio6.14Dividend Yield5.85%Price TargetC$39.69 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Paramount Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside54.7% UpsideC$39.69 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment2.00Based on 2 Articles This WeekInsider TradingSelling SharesC$778,698 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.3.38 out of 5 stars 4.3 Analyst's Opinion Consensus RatingParamount Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$39.69, Paramount Resources has a forecasted upside of 54.7% from its current price of C$25.65.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 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 5.74%, 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 35.89%. 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 3.3 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 2.00. 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 0.45 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Paramount Resources this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for POU on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have sold 582.89% more of their company's stock than they have bought. Specifically, they have bought C$114,030.00 in company stock and sold C$778,698.00 in company stock.Percentage Held by Insiders45.79% 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 7.04% 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 6.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 6.14, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 108.19.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 1.06. 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 Stock (TSE:POU)Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 185,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development, the Kaybob North Montney oil development and other low-decline, legacy shale gas, and conventional natural gas producing properties covering an area of 745,000 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 811,000 net acres. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.Read More POU Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart POU Stock News HeadlinesDecember 1, 2023 | americanbankingnews.comParamount Resources Ltd. (TSE:POU) Receives C$39.69 Average Price Target from BrokeragesNovember 26, 2023 | finance.yahoo.comParamount Resources (TSE:POU) Ticks All The Boxes When It Comes To Earnings GrowthDecember 11, 2023 | Edge On The Street (Ad)Is the Biden Administration Ultimately Good for Gold - and Gold Royalties?With spending financed by deficits, increased public debt, and global uncertainty, it's no wonder many gold analysts expect prices to break all-time highs in '24. It also has investors turning to a unique "Gold Royalty" strategy offering the potential of rising gold prices without the operational risks of mining or physical gold storage.November 13, 2023 | morningstar.comParamount Resources Ltd Class A POUNovember 6, 2023 | finance.yahoo.comParamount Resources (TSE:POU) Is Paying Out A Dividend Of CA$0.125November 2, 2023 | finance.yahoo.comParamount Resources Ltd. Announces Third Quarter 2023 Results, Expansion of Montney Acreage, 2024 Budget and Five-Year OutlookOctober 25, 2023 | theglobeandmail.comBullish on Paramount Resources Ltd.October 17, 2023 | finance.yahoo.comWill Weakness in Paramount Resources Ltd.'s (TSE:POU) Stock Prove Temporary Given Strong Fundamentals?December 11, 2023 | Edge On The Street (Ad)Is the Biden Administration Ultimately Good for Gold - and Gold Royalties?With spending financed by deficits, increased public debt, and global uncertainty, it's no wonder many gold analysts expect prices to break all-time highs in '24. It also has investors turning to a unique "Gold Royalty" strategy offering the potential of rising gold prices without the operational risks of mining or physical gold storage.October 12, 2023 | finance.yahoo.comParamount Resources Ltd's Dividend AnalysisSeptember 27, 2023 | finance.yahoo.comIndividual investors own 43% of Paramount Resources Ltd. (TSE:POU) shares but private companies control 46% of the companySeptember 12, 2023 | proactiveinvestors.comParamount Resources tops TSX30 list of best-performing stocksSeptember 12, 2023 | finance.yahoo.comEnergy companies dominate TSX's list of top 30 stocks over past 3 yearsSeptember 12, 2023 | theglobeandmail.comInvestors drawn to oil and gas, energy transition, TSX top 30 list showsSeptember 10, 2023 | finance.yahoo.comShould You Buy Paramount Resources Ltd. (TSE:POU) For Its Upcoming Dividend?August 30, 2023 | finance.yahoo.comIs Paramount Resources Ltd. (TSE:POU) Trading At A 43% Discount?August 26, 2023 | health.usnews.comDr. Stephen M. PouAugust 17, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd up on Thursday (POU)August 2, 2023 | marketwatch.comParamount Resources Cuts Guidance After Alberta Wildfires -- Energy CommentJuly 20, 2023 | theglobeandmail.comClosing Bell: Paramount Resources Ltd up on Wednesday (POU)July 4, 2023 | marketwatch.comParamount Resources Cuts 1H Sales Volume Guidance After Alberta FiresJune 8, 2023 | msn.comCIBC CAPITAL MARKETS Maintains Paramount Resources (TSX:POU) Neutral RecommendationMay 30, 2023 | markets.businessinsider.comParamount Resources (PRMRF) Receives a Rating Update from a Top AnalystMay 29, 2023 | seekingalpha.comParamount Resources provides production and wildfire updateMay 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)See More Headlines 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 Company Calendar Last Earnings11/02/2023Ex-Dividend for 11/30 Dividend11/14/2023Dividend Payable11/30/2023Today12/11/2023Ex-Dividend for 12/29 Dividend12/14/2023Dividend Payable12/29/2023Next Earnings (Estimated)3/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolTSE:POU CUSIPN/A CIKN/A Webwww.paramountres.com Phone+1-403-2903600FaxN/AEmployees526Year FoundedN/APrice Target and Rating Average Stock Price TargetC$39.69 High Stock Price TargetC$42.50 Low Stock Price TargetC$37.00 Potential Upside/Downside+51.9%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.18 Trailing P/E Ratio6.25 Forward P/E Ratio7.55 P/E Growth0.14Net IncomeC$618 million Net Margins31.48% Pretax MarginN/A Return on Equity18.94% Return on Assets8.60% Debt Debt-to-Equity Ratio0.83 Current Ratio0.74 Quick Ratio0.68 Sales & Book Value Annual SalesC$1.96 billion Price / Sales1.92 Cash FlowC$0.05 per share Price / Cash Flow512.50 Book ValueC$24.16 per share Price / Book1.08Miscellaneous Outstanding Shares143,900,000Free FloatN/AMarket CapC$3.76 billion OptionableNot Optionable Beta3.14 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. James H. T. Riddell BSc (Age 56)MSc (Geology), Chairman, President & CEO Comp: $727.82kMr. 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 CompetitorsBaytex EnergyTSE:BTEEnerplusTSE:ERFParex ResourcesTSE:PXTStrathcona ResourcesTSE:SCRVermilion EnergyTSE:VETView All CompetitorsInsidersKimberley Elizabeth Lynch ProctorBought 2,000 shares on 12/7/2023Total: C$50,823.00 ($25.41/share)Garth W.J. StottsSold 12,000 sharesTotal: C$362,408.40 ($30.20/share)David Blake ReidSold 13,000 sharesTotal: C$416,289.90 ($32.02/share)Kimberley Elizabeth Lynch ProctorBought 2,000 shares on 11/3/2023Total: C$63,207.00 ($31.60/share)E. Mitchell ShierSold 10,000 sharesTotal: C$321,910.00 ($32.19/share)View All Insider Transactions POU Stock Analysis - Frequently Asked Questions Should I buy or sell Paramount Resources stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" POU shares. View POU analyst ratings or view top-rated stocks. What is Paramount Resources' stock price target for 2024? 7 equities research analysts have issued 12 month price targets for Paramount Resources' stock. Their POU share price targets range from C$37.00 to C$42.50. On average, they anticipate the company's stock price to reach C$39.69 in the next year. This suggests a possible upside of 54.7% 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 decreased by 10.4% and is now trading at C$25.65. 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 Tuesday, March 5th 2024. View our POU earnings forecast. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (TSE:POU) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.08. The firm had revenue of $430.70 million for the quarter. Paramount Resources had a net margin of 31.48% and a trailing twelve-month return on equity of 18.94%. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources announced a monthly dividend on Thursday, December 14th. Shareholders of record on Friday, December 29th will be given a dividend of 0.125 per share on Friday, December 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date of this dividend is Thursday, December 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 5.74%. POU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.89%. 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). 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. This page (TSE:POU) was last updated on 12/11/2023 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. 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