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Paramount Resources Ltd
Previous close
$28.81
Day range
$28.64 - $29.05
Year range
$24.59 - $33.80
Market cap
4.18B CAD
Avg Volume
331.00K
P/E ratio
9.08
Dividend yield
5.21%
Financials
Income Statement
Revenue
Net income
(CAD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 451.90M | -26.63% |
Operating expense | 122.70M | -5.62% |
Net income | 112.00M | -56.89% |
Net profit margin | 24.78 | -41.25% |
Earnings per share | 0.81 | -55.47% |
EBITDA | 234.30M | -33.64% |
Effective tax rate | 14.31% | — |
Balance Sheet
Total assets
Total liabilities
(CAD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 48.90M | 1,856.00% |
Total assets | 4.39B | 1.19% |
Total liabilities | 889.50M | -7.27% |
Total equity | 3.50B | — |
Shares outstanding | 144.40M | — |
Price to book | 1.19 | — |
Return on assets | 7.03% | — |
Return on capital | 8.70% | — |
Cash Flow
Net change in cash
(CAD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | 112.00M | -56.89% |
Cash from operations | 287.10M | -6.39% |
Cash from investing | -235.30M | -104.25% |
Cash from financing | -46.20M | 75.85% |
Net change in cash | 5.80M | 1,833.33% |
Free cash flow | -225.18M | 50.26% |
About
Paramount Resources Ltd. is a Canadian petroleum company, founded in 1976. The company is involved in the exploration, development, production, processing, transportation and marketing of natural gas and its byproducts and crude oil. The company was founded by Clay Riddell.
In addition to its own name, Paramount has several subsidiaries with names resembling those of Hollywood companies, including Fox Drilling, Summit Resources, and Pixar Petroleum. It also retains significant investment in MGM Energy, which it spun off in 2007.
In 2017, Paramount acquired Apache Canada Ltd. for C$459.5 million and merged with Trilogy Energy Corp which itself was originally spun-off from Paramount.
Paramount reported an output of 85,941 barrels of oil equivalent per day in its 2018 annual report, published in March 2019. Wikipedia
Founded
1976
Headquarters
Website
Employees
579