TSE:POU Paramount Resources - POU Stock Forecast, Price & News Adding Choose a watchlist: 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. C$30.80 +0.23 (+0.75%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$30.40▼C$31.1850-Day RangeC$25.28▼C$31.8552-Week RangeC$22.16▼C$40.73Volume290,389 shsAverage Volume390,805 shsMarket CapitalizationC$4.36 billionP/E Ratio8.63Dividend Yield4.80%Price TargetC$38.56 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Paramount Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside25.2% UpsideC$38.56 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$69,638 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.2.58 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 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$38.56, Paramount Resources has a forecasted upside of 25.2% from its current price of C$30.80.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 4.80%, 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 28.01%. 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 1.8 News and Social Media Coverage News SentimentParamount Resources has a news sentiment score of 0.16. 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 lower news sentiment than the 0.38 average news sentiment score of Basic Materials companies.Search InterestOnly 1 people have searched for POU on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added Paramount Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have sold 35.03% more of their company's stock than they have bought. Specifically, they have bought C$51,572.00 in company stock and sold C$69,638.00 in company stock. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 8.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 150.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 8.63, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 102.75.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 1.43. 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 HeadlinesFebruary 1, 2023 | americanbankingnews.comStifel Firstegy Analysts Cut Earnings Estimates for Paramount Resources Ltd. (TSE:POU)January 29, 2023 | americanbankingnews.comParamount Resources (TSE:POU) Stock Price Passes Above 200 Day Moving Average of $28.61February 8, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See the Right Way to Analyze StocksGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. January 5, 2023 | finance.yahoo.comEven though Paramount Resources (TSE:POU) has lost CA$379m market cap in last 7 days, shareholders are still up 264% over 3 yearsJanuary 2, 2023 | usatoday.comGet New Year savings on streaming hits with a Paramount Plus annual plan now 50% offDecember 23, 2022 | seekingalpha.comPOU:CA Paramount Resources Ltd.December 19, 2022 | finance.yahoo.comCalculating The Fair Value Of Paramount Resources Ltd. (TSE:POU)December 9, 2022 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.11%February 8, 2023 | RJO Futures (Ad)An All-In-One Guide for Trading MetalsSo many want to add metals to their portfolio. Metals can be a great way to protect your money and hedge against market downturns. But first, you need to know how. Download our FREE Guide to Metals Futures today from RJO Futures to get the information that you need to know to trade futures in metals. December 9, 2022 | theglobeandmail.comCrescent Point to acquire Kaybob Duvernay drilling assets from Paramount ResourcesNovember 10, 2022 | finance.yahoo.comParamount Resources Ltd. (TSE:POU) Pays A CA$0.13 Dividend In Just Three DaysNovember 3, 2022 | finance.yahoo.comParamount Resources Ltd. Announces Record Third Quarter 2022 Results, 25% Dividend Increase, 2023 Budget and Five-Year OutlookNovember 2, 2022 | msn.comParamount Eyes “Meaningful And Sizable” Cost Cuts, With Possible Restructuring Charge In Q4September 12, 2022 | markets.businessinsider.comCanadian Market Extending Recent Gains; Energy, Financial Stocks Move UpSeptember 3, 2022 | nasdaq.comPOU Crosses Below Key Moving Average LevelSeptember 1, 2022 | finance.yahoo.comPARAMOUNT RESOURCES LTD. ANNOUNCES SEPTEMBER DIVIDEND AND TRANSACTION UPDATEAugust 24, 2022 | finance.yahoo.comParamount Resources Ltd.'s (TSE:POU) Stock Is Going Strong: Have Financials A Role To Play?August 6, 2022 | seekingalpha.comParamount Resources: Trading At Less Than 4x FCF With A 4.4% Dividend YieldAugust 3, 2022 | theglobeandmail.comParamount Resources Ltd stock reduced on Tuesday.August 2, 2022 | theglobeandmail.comParamount Resources Ltd stock boosted on Friday.July 16, 2022 | theglobeandmail.comParamount Resources Ltd stock dipped on Wednesday.July 16, 2022 | finance.yahoo.comEven though Paramount Resources (TSE:POU) has lost CA$396m market cap in last 7 days, shareholders are still up 302% over 3 yearsJuly 12, 2022 | theglobeandmail.comParamount Resources Ltd stock dipped on Monday.July 6, 2022 | nasdaq.comParamount Resources (POU) Shares Cross Below 200 DMAJune 29, 2022 | theglobeandmail.comParamount Resources Ltd stock boosted on Tuesday.June 28, 2022 | finance.yahoo.comIf EPS Growth Is Important To You, Paramount Resources (TSE:POU) Presents An OpportunityJune 21, 2022 | theglobeandmail.comParamount Resources Ltd stock advanced on Tuesday.See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Ex-Dividend for 1/25 Dividend1/17/2023Dividend Payable1/25/2023Today2/08/2023Ex-Dividend for 2/28 Dividend2/14/2023Dividend Payable2/28/2023Next Earnings (Estimated)3/01/2023Get 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$38.56 High Stock Price ForecastC$46.00 Low Stock Price ForecastC$32.00 Forecasted Upside/Downside+25.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio8.63 Forward P/E Ratio4.79 P/E Growth0.14Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio10.64 Current Ratio0.73 Quick Ratio0.68 Sales & Book Value Annual SalesC$1.90 billion Price / Sales2.29 Cash FlowC$0.06 per share Price / Cash Flow512.50 Book ValueC$21.54 per share Price / Book1.43Miscellaneous Outstanding Shares141,500,000Free FloatN/AMarket CapC$4.36 billion OptionableNot Optionable BetaN/A 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:LNRVermilion EnergyTSE:VETCrescent Point EnergyTSE:CPGNuVista EnergyTSE:NVAMEG EnergyTSE:MEGView All CompetitorsInsiders & InstitutionsJames 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)Robert M. MacdonaldSold 11,207 sharesTotal: C$358,318.05 ($31.97/share)View All Insider Transactions POU Stock - Frequently Asked Questions Should I buy or sell Paramount Resources stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 3 hold ratings and 3 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? 6 Wall Street analysts have issued twelve-month target prices for Paramount Resources' shares. Their POU share price forecasts range from C$32.00 to C$46.00. On average, they predict the company's stock price to reach C$38.56 in the next year. This suggests a possible upside of 24.6% 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 beginning of the year. Since then, POU shares have increased by 8.0% and is now trading at C$30.94. 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, March 1st 2023. View our POU earnings forecast. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources declared a monthly dividend on Tuesday, February 14th. Investors of record on Tuesday, February 28th will be given a dividend of 0.125 per share on Tuesday, February 28th. This represents a $1.50 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date is Tuesday, February 14th. Read our dividend analysis for POU. Is Paramount Resources a good dividend stock? Paramount Resources (TSE:POU) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 4.80%. POU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.01%. 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), Wheaton Precious Metals (WPM), 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$30.94. How much money does Paramount Resources make? Paramount Resources (TSE:POU) has a market capitalization of C$4.38 billion and generates C$1.90 billion in revenue each year. 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 2/8/2023 by MarketBeat.com Staff 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. 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