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Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
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A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
How and When to Roll Your Options Positions?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
TSE:POU

Paramount Resources (POU) Stock Price, News & Analysis

C$27.43
+0.16 (+0.59%)
(As of 03/27/2024 ET)
Today's Range
C$26.88
C$27.46
50-Day Range
C$24.79
C$31.36
52-Week Range
C$24.59
C$33.80
Volume
128,945 shs
Average Volume
252,953 shs
Market Capitalization
C$3.96 billion
P/E Ratio
8.65
Dividend Yield
5.47%
Price Target
C$34.20

Paramount Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
24.7% Upside
C$34.20 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$865,915 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

3.64 out of 5 stars

POU stock logo

About Paramount Resources Stock (TSE:POU)

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. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.

POU Stock Price History

POU Stock News Headlines

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According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Assisted Living Communities Near Paramount, CA
Top Project Outperforms BTC in 2023…
According to a recently published report… One DeFi protocol boasted gains over 100% during one of the biggest crashes the crypto market has ever seen. And now, this crypto coin is set to soar in the parabolic bull run projected in 2024.
Stocks in play: Paramount Resources Ltd.
Paramount Resources Ltd Class A POU
Bullish on Paramount Resources Ltd.
Paramount Resources Ltd's Dividend Analysis
Paramount Resources tops TSX30 list of best-performing stocks
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
3/28/2024
Next Earnings (Estimated)
5/01/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
579
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$34.20
High Stock Price Target
C$40.00
Low Stock Price Target
C$29.00
Potential Upside/Downside
+24.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
C$470.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$1.80 billion
Cash Flow
C$0.05 per share
Book Value
C$24.20 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.96 billion
Optionable
Not Optionable
Beta
3.31
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Key Executives

  • Mr. James H. T. Riddell BSc (Age 57)
    MSc (Geology), Chairman, President & CEO
    Comp: $727.82k
  • Mr. Paul Robert Kinvig
    Chief Financial Officer
  • Mr. David Blake Reid
    Executive Vice President of Operations
  • Mr. Rodrigo R. Sousa B.Com.
    C.F.A., Executive Vice President of Corporate Development & Planning
  • Mr. Bernard K. Lee
    Executive Vice President of Finance
  • Mr. Mark Gordon Franko
    General Counsel & Corporate Secretary
  • Mr. Phillip G. Tahmazian
    Vice President of Midstream & Marketing
  • Mr. Garth W. J. Stotts
    Executive Vice President of Development & Reserves
  • Mr. John B. Williams
    Executive Vice President of Kaybob Region

POU Stock Analysis - Frequently Asked Questions

Should I buy or sell Paramount Resources stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last year. There are currently 3 hold ratings and 6 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?

9 analysts have issued twelve-month price targets for Paramount Resources' stock. Their POU share price targets range from C$29.00 to C$40.00. On average, they anticipate the company's share price to reach C$34.20 in the next year. This suggests a possible upside of 24.7% 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 2024?

Paramount Resources' stock was trading at C$25.93 at the beginning of the year. Since then, POU stock has increased by 5.8% and is now trading at C$27.43.
View the best growth stocks for 2024 here
.

When is Paramount Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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 Wednesday, March 6th. Investors of record on Friday, March 15th will be given a dividend of 0.125 per share on Thursday, March 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend is Thursday, March 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 5.61%. POU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.32%. 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).

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 3/28/2024 by MarketBeat.com Staff

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