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Paramount Resources Ltd is currently in a long term uptrend where the price is trading 91.9% above its 200 day moving average.
From a valuation standpoint, the stock is 97.4% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.2.
Paramount Resources Ltd's total revenue sank by 22.3% to $202M since the same quarter in the previous year.
Its net income has increased by 1100.2% to $311M since the same quarter in the previous year.
Finally, its free cash flow fell by 522.1% to $-11M since the same quarter in the previous year.
Based on the above factors, Paramount Resources Ltd gets an overall score of 3/5.
Industry | Oil & Gas E&P |
---|---|
Exchange | F |
CurrencyCode | EUR |
ISIN | CA6993202069 |
Sector | Energy |
Market Cap | 1B |
---|---|
Dividend Yield | 3.6% |
PE Ratio | 7.06 |
Beta | 2.3 |
Target Price | None |
Paramount Resources Ltd., an energy company, explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. It holds interests in the Willesden Green Duvernay development covering an area of 263,000 net acres of contiguous Duvernay rights located in central Alberta; the shale gas properties consisting of 113,000 net acres of Muskwa rights situated in northeast British Columbia in the Horn River Basin; the Liard Basin comprising 179,000 net acres of Besa River rights located in northeast British Columbia; and the Kaybob North Duvernay development and other natural gas and oil producing properties covering an area of 109,000 net acres of Duvernay rights and 179,000 net acres of Montney rights located in the Kaybob Region. The company was founded in 1976 and is based in Calgary, Canada.
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