Paramount Resources TEC Ltd Company Profile (TSE:TET)

About Paramount Resources TEC Ltd (TSE:TET)

Paramount Resources TEC Ltd logoParamount Resources TEC Ltd, formerly Trilogy Energy Corp, is a Canada-based petroleum and natural gas-focused energy company. The Company acquires, develops, produces and sells natural gas, crude oil and natural gas liquids. The Company's oil and gas properties are located in the Kaybob area and Grande Prairie area of Alberta. Its Kaybob area properties include Kaybob Montney Oil Pool Development, Presley Montney Gas Development, Duvernay Shale Oil and Gas Development, Gething Oil Development and Dunvegan Oil Play. The Company's annual production from the Kaybob area is approximately 26,190 barrels of oil equivalent per day (Boe/d). The Company's annual production from the Grande Prairie area is approximately 1,580 Boe/d. Its undeveloped land base consists of approximately 525,280 gross acres of undeveloped lands, with multi-zone development potential.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Independent Oil & Gas
  • Sub-Industry: N/A
  • Symbol: TSE:TET
  • CUSIP: N/A
  • Web: www.paramountres.com/
Capitalization:
  • Market Cap: C$782.02 million
  • Outstanding Shares: 126,133,000
Average Prices:
  • 50 Day Moving Avg: C$5.59
  • 200 Day Moving Avg: C$5.09
  • 52 Week Range: C$4.30 - C$8.33
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: C$231.7 million
  • Price / Sales: 3.38
  • Book Value: C$3.16 per share
  • Price / Book: 1.96
Profitability:
  • EBITDA: C$142.83 million
  • Net Margins: 43.59%
  • Return on Equity: 25.86%
  • Return on Assets: 8.43%
Misc:
  • Average Volume: 240,322 shs.
  • Short Ratio: 0.99
 

Frequently Asked Questions for Paramount Resources TEC Ltd (TSE:TET)

What is Paramount Resources TEC Ltd's stock symbol?

Paramount Resources TEC Ltd trades on the Tornton Stock Exchange (TSX) under the ticker symbol "TET."

How were Paramount Resources TEC Ltd's earnings last quarter?

Paramount Resources TEC Ltd (TSE:TET) announced its earnings results on Thursday, November, 6th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.05. The firm earned $153.86 million during the quarter. Paramount Resources TEC Ltd had a return on equity of 25.86% and a net margin of 43.59%. View Paramount Resources TEC Ltd's Earnings History.

When will Paramount Resources TEC Ltd make its next earnings announcement?

Paramount Resources TEC Ltd is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Paramount Resources TEC Ltd.

Where is Paramount Resources TEC Ltd's stock going? Where will Paramount Resources TEC Ltd's stock price be in 2017?

6 equities research analysts have issued 12-month target prices for Paramount Resources TEC Ltd's stock. Their predictions range from C$5.00 to C$10.50. On average, they expect Paramount Resources TEC Ltd's stock price to reach C$6.71 in the next twelve months. View Analyst Ratings for Paramount Resources TEC Ltd.

Who are some of Paramount Resources TEC Ltd's key competitors?

Who are Paramount Resources TEC Ltd's key executives?

Paramount Resources TEC Ltd's management team includes the folowing people:

  • Clayton H. Riddell, Non-Independent Chairman of the Board
  • John B. Williams, President, Chief Operating Officer
  • James H. T. Riddell, Chief Executive Officer, Non-Independent Director
  • Michael G. Kohut, Chief Financial Officer
  • Gail L. Yester, General Counsel, Corporate Secretary
  • Donald F. Textor, Lead Independent Director
  • E. Mitchell Shier, Non-Independent Director
  • Wilfred A. Gobert, Independent Director
  • Robert A. MacDonald, Independent Director
  • R. Keith MacLeod, Independent Director

How do I buy Paramount Resources TEC Ltd stock?

Shares of Paramount Resources TEC Ltd 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 TEC Ltd's stock price today?

One share of Paramount Resources TEC Ltd stock can currently be purchased for approximately C$6.20.


MarketBeat Community Rating for Paramount Resources TEC Ltd (TSE TET)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  399 (Vote Underperform)
Total Votes:  573
MarketBeat's community ratings are surveys of what our community members think about Paramount Resources TEC Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Paramount Resources TEC Ltd (TSE:TET) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$6.71
Consensus Price Target History for Paramount Resources TEC Ltd (TSE:TET)
Price Target History for Paramount Resources TEC Ltd (TSE:TET)
Analysts' Ratings History for Paramount Resources TEC Ltd (TSE:TET)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2017National Bank FinancialBoost Price TargetTenderC$5.00 -> C$5.33View Rating Details
7/20/2017Royal Bank Of CanadaLower Price TargetC$7.00 -> C$5.00View Rating Details
7/10/2017ScotiabankDowngradeSector Perform -> TenderC$6.00View Rating Details
7/7/2017Laurentian Bank of CanadaBoost Price TargetC$7.00 -> C$8.00View Rating Details
5/29/2017TD SecuritiesBoost Price TargetHoldC$5.50 -> C$6.00View Rating Details
5/9/2017Raymond James Financial, Inc.Boost Price TargetOutperformC$10.00 -> C$10.50View Rating Details
5/9/2017BMO Capital MarketsBoost Price TargetMarket PerformC$4.75 -> C$5.00View Rating Details
5/9/2017CSFBInitiated CoverageNeutralC$5.75View Rating Details
3/10/2017GMP SecuritiesLower Price TargetC$7.75 -> C$7.25View Rating Details
1/18/2017Barclays PLCBoost Price TargetUnderweightC$6.00 -> C$7.00View Rating Details
8/8/2016FirstEnergy CapitalBoost Price TargetMarket PerformC$5.00 -> C$6.00View Rating Details
6/15/2016CIBCInitiated CoverageSector PerformC$5.25View Rating Details
6/8/2016Beacon SecuritiesReiterated RatingBuyView Rating Details
4/4/2016Dundee SecuritiesBoost Price TargetC$4.00 -> C$4.25View Rating Details
3/4/2016AltaCorp CapitalLower Price TargetSector PerformC$6.00 -> C$4.00View Rating Details
1/28/2016Credit Suisse GroupLower Price TargetC$3.50 -> C$2.50View Rating Details
(Data available from 10/18/2015 forward)

Earnings

Earnings History for Paramount Resources TEC Ltd (TSE:TET)
Earnings by Quarter for Paramount Resources TEC Ltd (TSE:TET)
Earnings History by Quarter for Paramount Resources TEC Ltd (TSE TET)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017N/AView Earnings Details
11/6/2014C$0.16C$0.21C$153.86 millionViewN/AView Earnings Details
7/30/2014C$0.20C$0.22C$178.10 millionViewN/AView Earnings Details
5/7/2014C$0.24C$0.14C$157.44 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Paramount Resources TEC Ltd (TSE:TET)
2017 EPS Consensus Estimate: ($0.21)
2018 EPS Consensus Estimate: ($0.23)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.06)($0.02)($0.04)
Q2 20172($0.07)($0.06)($0.07)
Q3 20172($0.08)($0.05)($0.07)
Q4 20172($0.05)($0.02)($0.04)
Q1 20181($0.05)($0.05)($0.05)
Q2 20181($0.06)($0.06)($0.06)
Q3 20181($0.06)($0.06)($0.06)
Q4 20181($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Paramount Resources TEC Ltd (TSE TET)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/17/2014nov 14$0.043.31%11/27/201412/1/201412/15/2014
10/15/2014oct 14$0.0410/29/201410/31/201411/17/2014
9/15/2014$0.039/26/20149/30/201410/15/2014
8/15/2014aug 14$0.041.48%8/28/20149/2/20149/15/2014
7/15/2014jul 14$0.041.54%7/29/20147/31/20148/15/2014
6/16/2014jun 14$0.046/26/20146/30/20147/15/2014
5/15/2014may 14$0.041.5%5/29/20146/2/20146/16/2014
4/15/2014apr 14$0.044/28/20144/30/20145/15/2014
3/17/2014mar 14$0.043/27/20143/31/20144/15/2014
2/18/2014$0.032/26/20142/28/20143/17/2014
2/18/2014feb 14$0.042/26/20142/28/20143/17/2014
1/15/2014$0.031/29/20141/31/20142/18/2014
12/16/2013$0.0312/27/201312/31/20131/15/2014
12/16/2013dec 13$0.0412/27/201312/31/20131/15/2014
11/15/2013$0.0311/27/201312/2/201312/16/2013
11/15/2013nov 13$0.041.57%11/28/201312/2/201312/16/2013
10/15/2013oct 13$0.0410/29/201310/31/201311/15/2013
9/16/2013sep 13$0.049/26/20139/30/201310/15/2013
8/15/2013aug 13$0.048/29/20139/3/20139/16/2013
7/15/2013jul 13$0.047/29/20137/31/20138/15/2013
6/17/2013jun 13$0.046/27/20137/2/20137/15/2013
5/15/2013may 13$0.045/29/20135/31/20136/17/2013
4/15/2013apr 13$0.044/26/20134/30/20135/15/2013
3/15/2013mar 13$0.043/27/20134/1/20134/15/2013
2/15/2013feb 13$0.042/26/20132/28/20133/15/2013
1/15/2013jan 13$0.041/29/20131/31/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Paramount Resources TEC Ltd (TSE:TET)
Insider Trades by Quarter for Paramount Resources TEC Ltd (TSE:TET)
Insider Trades by Quarter for Paramount Resources TEC Ltd (TSE:TET)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/13/2016Donald F TextorDirectorBuy100,000C$2.64C$264,030.00
12/18/2015John B WilliamsInsiderBuy30,000C$3.28C$98,487.00
12/15/2015Clayton H RiddellDirectorBuy460,000C$3.43C$1,578,168.00
12/11/2015Clayton H RiddellDirectorBuy1,000C$3.45C$3,449.50
11/20/2015Robert M MacdonaldDirectorSell6,000C$4.11C$24,661.80
8/14/2015Robert M MacdonaldDirectorBuy3,000C$3.82C$11,460.00
4/23/2015Robert M MacdonaldDirectorSell6,000C$8.94C$53,629.80
4/20/2015Robert M MacdonaldDirectorSell6,000C$8.85C$53,100.00
3/9/2015John B WilliamsInsiderBuy10,000C$7.15C$71,450.00
1/22/2015Clayton H RiddellDirectorBuy250,000C$5.66C$1,416,150.00
1/20/2015Clayton H RiddellDirectorBuy200,000C$6.44C$1,288,760.00
1/8/2015Clayton H RiddellDirectorBuy150,000C$7.14C$1,070,340.00
1/7/2015John B WilliamsInsiderBuy10,000C$6.78C$67,803.00
12/11/2014Robert M MacdonaldDirectorBuy1,000C$7.65C$7,650.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Paramount Resources TEC Ltd (TSE:TET)
Latest Headlines for Paramount Resources TEC Ltd (TSE:TET)
Source:
DateHeadline
americanbankingnews.com logoTrilogy Energy Corp (TET) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - September 30 at 6:56 PM
marketwatch.com logoParamount and Trilogy Complete Merger - MarketWatch
www.marketwatch.com - September 14 at 11:12 AM
finance.yahoo.com logoTrilogy Energy Corp. obtains shareholder approval for merger with Paramount Resources Ltd.
finance.yahoo.com - September 9 at 9:23 AM
americanbankingnews.com logoTrilogy Energy Corp (TET) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 5 at 6:02 PM
americanbankingnews.com logoTrilogy Energy Corp (TSE:TET) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 11 at 6:48 PM
finance.yahoo.com logoTrilogy Energy Corp. :TET-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 7, 2017
finance.yahoo.com - August 8 at 7:25 AM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Trilogy Energy Corp Issued By Cormark (TET)
www.americanbankingnews.com - August 7 at 7:18 AM
americanbankingnews.com logoTrilogy Energy Corp Forecasted to Post FY2019 Earnings of ($0.17) Per Share (TSE:TET)
www.americanbankingnews.com - August 4 at 7:40 PM
finance.yahoo.com logoTrilogy Energy Corp. :TET-CA: Earnings Analysis: Q1, 2017 By the Numbers : August 3, 2017
finance.yahoo.com - August 4 at 8:59 AM
americanbankingnews.com logoNational Bank Financial Boosts Trilogy Energy Corp (TSE:TET) Price Target to C$5.33
www.americanbankingnews.com - August 3 at 3:14 PM
americanbankingnews.com logoTrilogy Energy Corp (TET) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:48 AM
finance.yahoo.com logoTrilogy Energy Corp. breached its 50 day moving average in a Bullish Manner : TET-CA : July 20, 2017
finance.yahoo.com - July 21 at 7:43 AM
americanbankingnews.com logoTrilogy Energy Corp (TET) Price Target Cut to C$5.00 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - July 20 at 3:26 PM
americanbankingnews.com logoTrilogy Energy Corp (TSE:TET) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 17 at 7:15 PM
americanbankingnews.com logoTrilogy Energy Corp (TET) Stock Rating Lowered by Scotiabank
www.americanbankingnews.com - July 10 at 2:14 PM
finance.yahoo.com logoIIROC Trade Resumption - TET
finance.yahoo.com - July 8 at 2:38 PM
americanbankingnews.com logoLaurentian Bank of Canada Raises Trilogy Energy Corp (TSE:TET) Price Target to C$8.00
www.americanbankingnews.com - July 7 at 1:18 PM
americanbankingnews.com logoTrilogy Energy Corp (TSE:TET) Price Target Increased to C$8.00 by Analysts at Laurentian
www.americanbankingnews.com - July 7 at 12:36 PM
americanbankingnews.com logoTrilogy Energy Corp (TET) Cut to Tender at National Bank Financial
www.americanbankingnews.com - July 7 at 12:36 PM
finance.yahoo.com logoIIROC Trading Halt - TET; POU
finance.yahoo.com - July 6 at 8:21 PM
finance.yahoo.com logoTrilogy Energy Corp. Agrees to Merge with Paramount Resources Ltd.
finance.yahoo.com - July 6 at 8:21 PM
finance.yahoo.com logoTrilogy Energy Corp. breached its 50 day moving average in a Bullish Manner : TET-CA : June 30, 2017
finance.yahoo.com - July 1 at 8:07 AM
marketbeat.com logoTrilogy Energy posts 1Q profit
marketbeat.com - May 8 at 7:24 PM
rttnews.com logoBay Street Set For Tepid Start To The Week -- Canadian Commentary
www.rttnews.com - May 2 at 6:10 PM
nasdaq.com logoBay Street Set For Tepid Start To The Week -- Canadian Commentary - Nasdaq
www.nasdaq.com - May 2 at 9:01 AM
nasdaq.com logoCanadian Stocks Are Little Changed In Cautious Trade - Canadian Commentary - Nasdaq
www.nasdaq.com - May 1 at 11:06 AM
biz.yahoo.com logoQ4 2016 Trilogy Energy Corp Earnings Release - After Market Close
biz.yahoo.com - March 7 at 8:46 AM

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Chart

Paramount Resources TEC Ltd (TET) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by MarketBeat.com Staff

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