TSE:POU

Paramount Resources Ltd. (POU.TO) Stock Forecast, Price & News

C$2.28

+0.01 (+0.44 %)

(As of 10/29/2020 12:00 AM ET)

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Today's Range

C$2.14

Now: C$2.28▼

C$2.29

50-Day Range

C$2.05

MA: C$2.36▼

C$2.69

52-Week Range

C$0.81

Now: C$2.28▼

C$7.90

Volume163,622 shs

Average Volume526,689 shs

Market CapitalizationC$305.03 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

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 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.

Beat the Market (BTM) Rank^™

4.0 Analyst's Opinion

Consensus Rating
Paramount Resources Ltd. (POU.TO) has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$4.13, Paramount Resources Ltd. (POU.TO) has a forecasted upside of 80.9% from its current price of C$2.28.
Amount of Analyst Coverage
Paramount Resources Ltd. (POU.TO) has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
Paramount Resources Ltd. (POU.TO) has received 368 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Paramount Resources Ltd. (POU.TO) has received 567 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Paramount Resources Ltd. (POU.TO) has received 60.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Paramount Resources Ltd. (POU.TO) and other stocks. Vote “Outperform” if you believe POU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe POU will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Paramount Resources Ltd. (POU.TO) does not currently pay a dividend.
Dividend Growth
Paramount Resources Ltd. (POU.TO) does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Paramount Resources Ltd. (POU.TO) insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$15,736.00 in company stock and sold C$0.00 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Paramount Resources Ltd. (POU.TO) is -1.50, 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. Sector
The P/E ratio of Paramount Resources Ltd. (POU.TO) is -1.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Paramount Resources Ltd. (POU.TO) has a PEG Ratio of 0.01. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Paramount Resources Ltd. (POU.TO) has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.18 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Independent Oil & Gas

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:POU

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.paramountres.com

Phone+1-403-2903600

Employees559

Debt

Debt-to-Equity Ratio47.30

Current Ratio0.61

Quick Ratio0.45

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth0.01

Sales & Book Value

Annual SalesC$700.36 million

Price / Sales0.44

Cash FlowC$0.01 per share

Price / Cash Flow220.00

Book ValueC$12.84 per share

Price / Book0.18

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares133,784,000

Market CapC$305.03 million

Next Earnings Date11/5/2020 (Estimated)

OptionableNot Optionable

C$2.28

+0.01 (+0.44 %)

(As of 10/29/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Paramount Resources Ltd. (POU.TO) (TSE:POU) Frequently Asked Questions

How has Paramount Resources Ltd. (POU.TO)'s stock been impacted by Coronavirus?

Paramount Resources Ltd. (POU.TO)'s stock was trading at C$1.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, POU stock has increased by 54.1% and is now trading at C$2.28.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Paramount Resources Ltd. (POU.TO)?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources Ltd. (POU.TO) in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Paramount Resources Ltd. (POU.TO).

When is Paramount Resources Ltd. (POU.TO)'s next earnings date?

Paramount Resources Ltd. (POU.TO) is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Paramount Resources Ltd. (POU.TO).

How were Paramount Resources Ltd. (POU.TO)'s earnings last quarter?

Paramount Resources Ltd. (POU.TO) (TSE:POU) released its quarterly earnings results on Thursday, August, 6th. The company reported ($0.57) earnings per share for the quarter, beating the consensus estimate of ($0.70) by $0.13. The firm had revenue of $102.33 million for the quarter, compared to analysts' expectations of $116 million.
View Paramount Resources Ltd. (POU.TO)'s earnings history.

What price target have analysts set for POU?

6 brokerages have issued 1 year price objectives for Paramount Resources Ltd. (POU.TO)'s shares. Their forecasts range from C$1.75 to C$12.00. On average, they expect Paramount Resources Ltd. (POU.TO)'s stock price to reach C$4.13 in the next twelve months. This suggests a possible upside of 80.9% from the stock's current price.
View analysts' price targets for Paramount Resources Ltd. (POU.TO).

Who are some of Paramount Resources Ltd. (POU.TO)'s key competitors?

Some companies that are related to Paramount Resources Ltd. (POU.TO) include Great Bear Resources (GBR), Crescent Point Energy (CPG), Cairn Energy PLC (CNE.L) (CNE), MEG Energy Corp. (MEG.TO) (MEG), Mainstreet Equity (MEQ), Vermilion Energy (VET), Ophir Energy (OPHR), Seplat Petroleum Development Company Plc (SEPL.L) (SEPL), GMP Capital (GMP), Genel Energy (GENL), Serica Energy (SQZ), Nuvista Energy (NVA), Contango Oil & Gas (MCF), Almaden Minerals (AMM) and VersaBank (VB).
View all competitors.

What other stocks do shareholders of Paramount Resources Ltd. (POU.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Paramount Resources Ltd. (POU.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Wheaton Precious Metals Corp. (WPM.TO) (WPM), Rogers Communications (RCI), Toronto-Dominion Bank (TD) and Open Text (OTEX).

Who are Paramount Resources Ltd. (POU.TO)'s key executives?

Paramount Resources Ltd. (POU.TO)'s management team includes the following people:

Mr. James H. T. Riddell BSc, MSc (Geology), Chairman, Pres & CEO (Age 53, Pay $435.45k)
Mr. David Blake Reid, Exec. VP of Operations
Mr. E. Mitchell Shier LL.B, LL.M, Gen. Counsel, Corp. Sec. & VP of Land (Age 62, Pay $352.75k)
Mr. Rodrigo Sousa B.Com., C.F.A., CFA, Exec. VP of Corp. Devel. & Planning
Mr. Bernard K. Lee, Exec. VP of Fin.

What is Paramount Resources Ltd. (POU.TO)'s stock symbol?

Paramount Resources Ltd. (POU.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "POU."

How do I buy shares of Paramount Resources Ltd. (POU.TO)?

Shares of POU and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Paramount Resources Ltd. (POU.TO)'s stock price today?

One share of POU stock can currently be purchased for approximately C$2.28.

How big of a company is Paramount Resources Ltd. (POU.TO)?

Paramount Resources Ltd. (POU.TO) has a market capitalization of C$305.03 million and generates C$700.36 million in revenue each year. Paramount Resources Ltd. (POU.TO) employs 559 workers across the globe.

What is Paramount Resources Ltd. (POU.TO)'s official website?

The official website for Paramount Resources Ltd. (POU.TO) is www.paramountres.com.

How can I contact Paramount Resources Ltd. (POU.TO)?

Paramount Resources Ltd. (POU.TO)'s mailing address is 888 3 St SW Suite 4700, CALGARY, AB T2P 5C5, Canada. The company can be reached via phone at +1-403-2903600.

This page was last updated on 10/29/2020 by MarketBeat.com Staff

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