Keith Macleod - Paramount Resources Lead Independent Director
| POU Stock | CAD 31.12 0.37 1.17% |
Director
Mr. Keith Macleod is Independent Director of the Company. Mr. Macleod was a director of Paramount since 2017. He is a professional engineer with more than 30 years experience in the oil and gas industry in Alberta. Until June 2014, he was a director, partner and CEO of Sproule, which he first joined in 1979. Mr. MacLeod has expertise in the areas of reservoir engineering, property and corporate reservesresource evaluations, acquisitions and divestitures, NI 51 101 and SEC oil and gas disclosure regulations, arbitration, litigation, and investment advice. He has lectured at the University of Calgary and to the petroleum industry. Mr. MacLeod received a B.S. in Mining Engineering in 1984 from the Montana College of Mineral Science and Technology and had previously received a diploma in Technology in Mineral Science in 1978 from the College of Cape Breton . He has also completed the Director Education Program of the Institute of Corporationrationrate Directors. Mr. MacLeod is also a member of the Association of Professional Engineers and Geoscientists of Alberta, the Society of Petroleum Evaluation Engineers and the Society of Petroleum Engineers and has participated in numerous committees of those organizations. He is also Chair of the Advisory Board of Vershuren Centre for Sustainability in Energy and the Environment, a Canadian research centre at Cape Breton University in Sydney, Nova Scotia. since 2019.
| Age | 60 |
| Tenure | 5 years |
| Address | 888 ? 3rd Street SW, Calgary, AB, Canada, T2P 5C5 |
| Phone | 403 290 3600 |
| Web | https://www.paramountres.com |
Paramount Resources Management Efficiency
The company has return on total asset (ROA) of 0.0573 % which means that it generated a profit of $0.0573 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.102 %, meaning that it generated $0.102 on every $100 dollars invested by stockholders. Paramount Resources' management efficiency ratios could be used to measure how well Paramount Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0.11. Also, Return On Capital Employed is likely to grow to 0.22. At this time, Paramount Resources' Total Assets are very stable compared to the past year. As of the 25th of November 2024, Non Current Assets Total is likely to grow to about 4.4 B, while Total Current Assets are likely to drop about 172.7 M.Management Performance
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0573 |
Paramount Resources Leadership Team
Elected by the shareholders, the Paramount Resources' board of directors comprises two types of representatives: Paramount Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paramount. The board's role is to monitor Paramount Resources' management team and ensure that shareholders' interests are well served. Paramount Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paramount Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bernard Lee, Chief Financial Officer, Executive Vice President - Finance | ||
| James Bell, Chief Operating Officer | ||
| Rodrigo Sousa, Vice President - Corporate Development and Planning | ||
| John Gorman, Independent Director | ||
| Dirk Junge, Independent Director | ||
| Phillip Tahmazian, Vice Marketing | ||
| John Roy, Lead Independent Director | ||
| Garth Stotts, Executive Reserves | ||
| Susan Rose, Non-Independent Director | ||
| John Williams, Executive Vice President - Kaybob Region | ||
| Keith Macleod, Lead Independent Director | ||
| David Reid, Executive Operations | ||
| Robert MacDonald, Independent Director | ||
| CFA BCom, Executive Planning | ||
| Paul Kinvig, Chief Financial Officer | ||
| Mark Franko, General Secretary | ||
| William Roach, Chief Pixar | ||
| BCom CFA, Exec Planning | ||
| Wilfred Gobert, Independent Director | ||
| D Reid, Executive Vice President - Operations | ||
| LLM LLB, G Land | ||
| James Riddell, Chairman of the Board, President, Chief Executive Officer | ||
| Mitchell Shier, Vice President - Land, General Counsel, Corporate Secretary |
Paramount Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paramount Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0573 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 4.69 B | ||||
| Shares Outstanding | 146.6 M | ||||
| Shares Owned By Insiders | 45.31 % | ||||
| Shares Owned By Institutions | 8.49 % | ||||
| Number Of Shares Shorted | 3.05 M | ||||
| Price To Earning | 20.92 X |
Pair Trading with Paramount Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paramount Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paramount Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Paramount Stock
Moving against Paramount Stock
The ability to find closely correlated positions to Paramount Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paramount Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paramount Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paramount Resources to buy it.
The correlation of Paramount Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paramount Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paramount Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paramount Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Paramount Stock
Paramount Resources financial ratios help investors to determine whether Paramount Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Paramount with respect to the benefits of owning Paramount Resources security.