OTCMKTS:PRMRF Paramount Resources (PRMRF) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free PRMRF Stock Alerts $23.11 +0.64 (+2.85%) (As of 05:19 PM ET) Add Compare Share Share Today's Range$22.12▼$23.1850-Day Range$19.49▼$23.0652-Week Range$18.19▼$24.95Volume29,313 shsAverage Volume36,413 shsMarket Capitalization$3.36 billionP/E Ratio9.88Dividend Yield2.77%Price Target$20.06 Stock AnalysisStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort InterestStock AnalysisAnalyst ForecastsChartDividendEarningsHeadlinesShort Interest Get Paramount Resources alerts: Email Address Paramount Resources MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.2% Downside$20.06 Price TargetShort InterestBearish0.84% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.67 out of 5 stars 1.5 Analyst's Opinion Consensus RatingParamount Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageParamount Resources has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.84% of the outstanding shares of Paramount Resources have been sold short.Short Interest Ratio / Days to CoverParamount Resources has a short interest ratio ("days to cover") of 22.9, which indicates bearish sentiment.Change versus previous monthShort interest in Paramount Resources has recently decreased by 4.73%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldParamount Resources pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthParamount Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Paramount Resources is 27.35%. 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 PRMRF. Previous Next 0.6 News and Social Media Coverage MarketBeat Follows1 people have added Paramount Resources to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paramount Resources insiders have not sold or bought any company stock.Percentage Held by Insiders36.30% 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 4.14% of the stock of Paramount Resources is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Paramount Resources is 9.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Paramount Resources is 9.88, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.68.Price to Book Value per Share RatioParamount Resources has a P/B Ratio of 1.29. 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 Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Paramount Resources Stock (OTCMKTS:PRMRF)Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 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 249,000 net acres. The company was founded in 1976 and is based in Calgary, Canada.Read More PRMRF Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRMRF Stock News HeadlinesApril 11, 2024 | msn.comSkydance to meet with Paramount management next week - reportApril 11, 2024 | msn.comProposed Paramount Acquisition: What No One Is Talking AboutApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.April 10, 2024 | msn.comParamount directors said to seek exit as merger talks continue - WSJApril 9, 2024 | markets.businessinsider.comBuy Rating Affirmed for Paramount Resources: Undervalued Assets and Operational Excellence Drive Investment PotentialApril 4, 2024 | finance.yahoo.comParamount Resources (TSE:POU) Has Announced A Dividend Of CA$0.125March 30, 2024 | finance.yahoo.comWhile individual investors own 40% of Paramount Resources Ltd. (TSE:POU), private companies are its largest shareholders with 45% ownershipMarch 7, 2024 | realmoney.thestreet.comParamount Resources price target lowered by C$2.50 at StifelApril 25, 2024 | Behind the Markets (Ad)Better than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.March 6, 2024 | marketwatch.comParamount Resources Shares Fall on Lower Sales Volumes Expectations for 2024March 6, 2024 | sfgate.comParamount Resources: Q4 Earnings SnapshotMarch 6, 2024 | finance.yahoo.comParamount Resources Ltd. Announces 2023 Annual Results, Non-Core Asset Disposition and Revised 2024 GuidanceFebruary 28, 2024 | health.usnews.comMemory Care Communities Near Paramount, CAFebruary 1, 2024 | msn.com'Immediately take this deal': Wall Street sees Byron Allen's Paramount bid as a saviorJanuary 14, 2024 | seekingalpha.comParamount Resources: Beating A Cold Air FrontDecember 8, 2023 | bbc.comTop Gun maker Paramount sued over copyright breachNovember 9, 2023 | finance.yahoo.comParamount Resources Ltd. (TSE:POU) Goes Ex-Dividend SoonOctober 31, 2023 | morningstar.comParamount Resources Ltd Class A PRMRFOctober 19, 2023 | tmcnet.comParamount Celebrates 25 Years of Purposeful Innovation and Announces New SMB-Focused Services for Key Digital Technology CapabilitiesOctober 5, 2023 | msn.comParamount Resources: Back To GrowthSeptember 20, 2023 | msn.comParamount Plus (Finally) Set For Launch in JapanAugust 2, 2023 | finance.yahoo.comParamount Resources Ltd. Announces Second Quarter 2023 ResultsJuly 28, 2023 | msn.comParamount Finishes Upfront With Gains in Digital, ProgrammaticJuly 20, 2023 | yahoo.com7 new to Paramount Plus movies with 90% or higher on Rotten Tomatoes in July 2023July 4, 2023 | financialpost.comParamount Resources lowers guidance on sales volumes for first half of the year due to wildfiresJuly 4, 2023 | theglobeandmail.comParamount Resources says it has largely restored production hit by Alberta wildfiresJuly 4, 2023 | finance.yahoo.comPARAMOUNT RESOURCES LTD. ANNOUNCES PRODUCTION UPDATE, RENEWAL OF NORMAL COURSE ISSUER BID AND JULY DIVIDENDSee More Headlines Receive PRMRF 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 Earnings3/06/2024Ex-Dividend for 3/28 Dividend3/14/2024Dividend Payable3/28/2024Ex-Dividend for 4/30 Dividend4/12/2024Today4/25/2024Dividend Payable4/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS SectorOils/Energy Industry Oil & gas exploration services Sub-IndustryN/A Current SymbolOTCMKTS:PRMRF CUSIPN/A CIKN/A Webwww.paramountres.com Phone(403) 290-2940Fax403-262-7994Employees579Year FoundedN/APrice Target and Rating Average Stock Price Target$20.06 High Stock Price Target$37.00 Low Stock Price Target$11.50 Potential Upside/Downside-10.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.34 Trailing P/E Ratio9.60 Forward P/E RatioN/A P/E GrowthN/ANet Income$348.32 million Net Margins25.95% Pretax Margin37.54% Return on Equity10.96% Return on Assets8.84% Debt Debt-to-Equity RatioN/A Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$1.33 billion Price / Sales2.46 Cash Flow$1.94 per share Price / Cash Flow11.60 Book Value$17.93 per share Price / Book1.25Miscellaneous Outstanding Shares145,610,000Free Float92,751,000Market Cap$3.27 billion OptionableNot Optionable Beta2.66 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. James H. T. Riddell BSc (Age 57)MSc (Geology), Chairman, President & CEO Comp: $535.87kMr. 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 CompetitorsHarbour EnergyOTCMKTS:HBRIDPremier OilOTCMKTS:PMOIYHarbour EnergyOTCMKTS:HBRIYShowa Shell Sekiyu K.K.OTCMKTS:SWSKFSolarEdge TechnologiesNASDAQ:SEDGView All Competitors PRMRF Stock Analysis - Frequently Asked Questions Should I buy or sell Paramount Resources stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PRMRF shares. View PRMRF analyst ratings or view top-rated stocks. What is Paramount Resources' stock price target for 2024? 2 analysts have issued twelve-month price targets for Paramount Resources' stock. Their PRMRF share price targets range from $11.50 to $37.00. On average, they expect the company's stock price to reach $20.06 in the next year. This suggests that the stock has a possible downside of 13.2%. View analysts price targets for PRMRF or view top-rated stocks among Wall Street analysts. How have PRMRF shares performed in 2024? Paramount Resources' stock was trading at $19.6035 at the beginning of the year. Since then, PRMRF stock has increased by 17.9% and is now trading at $23.11. View the best growth stocks for 2024 here. Are investors shorting Paramount Resources? Paramount Resources saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 1,342,500 shares, a decrease of 17.0% from the February 29th total of 1,617,000 shares. Based on an average daily volume of 121,600 shares, the short-interest ratio is currently 11.0 days. View Paramount Resources' Short Interest. How were Paramount Resources' earnings last quarter? Paramount Resources Ltd. (OTCMKTS:PRMRF) posted its earnings results on Wednesday, March, 6th. The company reported $0.55 earnings per share for the quarter. The company had revenue of $345.63 million for the quarter. Paramount Resources had a net margin of 25.95% and a trailing twelve-month return on equity of 10.96%. How often does Paramount Resources pay dividends? What is the dividend yield for Paramount Resources? Paramount Resources announced a dividend on Saturday, April 6th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.0924 per share on Tuesday, April 30th. This represents a dividend yield of 5.28%. The ex-dividend date of this dividend is Friday, April 12th. This is a boost from the stock's previous dividend of $0.09. Read our dividend analysis for PRMRF. Is Paramount Resources a good dividend stock? Paramount Resources (OTCMKTS:PRMRF) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.02%. The dividend payout ratio is 27.35%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PRMRF. How do I buy shares of Paramount Resources? Shares of PRMRF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (OTCMKTS:PRMRF) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsYour Money is Not SafeAmerican AlternativeThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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