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 320,000 net acres of contiguous Duvernay rights located near Rocky Mountain House, Alberta; Sinclair development covering over 140,000 net acres of Montney rights located in the west of Grand Prairie, Alberta; and Kaybob properties that include approximately 110,000 net acres of Duvernay rights and approximately 180,000 net acres of Montney rights. The company was founded in 1976 and is based in Calgary, Canada.
Research context
Paramount Resources Ltd appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Energy
- Industry
- Oil & Gas E&P
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5 years, 7 months ago
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.