Paramount Resources Stock Today
| POU Stock | CAD 31.17 0.32 1.04% |
Performance6 of 100
| Odds Of DistressLess than 3
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Paramount Resources is selling at 31.17 as of the 21st of November 2024; that is 1.04% up since the beginning of the trading day. The stock's open price was 30.85. Paramount Resources has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Paramount Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Energy |
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada. PARAMOUNT RESOURCES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. The company has 146.6 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 6.07 days to cover all short positions. More on Paramount Resources
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Paramount Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Paramount Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Paramount Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | James Riddell | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Paramount Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Paramount Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsParamount Resources can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paramount Resources' financial leverage. It provides some insight into what part of Paramount Resources' total assets is financed by creditors.
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Paramount Resources (POU) is traded on Toronto Exchange in Canada and employs 579 people. Paramount Resources is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paramount Resources's market, we take the total number of its shares issued and multiply it by Paramount Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Paramount Resources operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 146.6 M outstanding shares of which 1.7 M shares are at this time shorted by private and institutional investors with about 6.07 days to cover all short positions.
Paramount Resources has accumulated about 0 in cash with 938.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationParamount Resources owns a total of 146.6 Million outstanding shares. Paramount Resources has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Paramount Resources Risk Profiles
Although Paramount Resources' alpha and beta are two of the key measurements used to evaluate Paramount Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.47 | |||
| Semi Deviation | 1.45 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.17 |
Paramount Stock Against Markets
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| All Next | Launch Module |
Paramount Resources Corporate Directors
| John Gorman | Independent Director | Profile | |
| Dirk Junge | Independent Director | Profile | |
| John Roy | Lead Independent Director | Profile | |
| Susan Rose | Non-Independent Director | Profile |
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.