Paramount Resources Ltd is an oil & gas e&p business based in Canada. Paramount Resources shares (POU) are listed on the TO and all prices are listed in Canadian Dollars. Paramount Resources employs 497 staff and has a trailing 12-month revenue of around CADC$860.7 million.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Since the stock market crash in March caused by coronavirus, Paramount Resources's stock price has had significant positive movement.
Its last market close was C$19.63, which is 73.51% up on its pre-crash value of C$5.2 and 2,323.46% up on the lowest point reached during the March crash when the stocks fell as low as C$0.81.
If you had bought C$1,000 worth of Paramount Resources stocks at the start of February 2020, those stocks would have been worth C$175.68 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$3,315.90.
|Latest market close||C$19.63|
|52-week range||C$2.13 - C$20.68|
|50-day moving average||C$16.45|
|200-day moving average||C$14.36|
|Wall St. target price||C$22.63|
|Dividend yield||C$0.02 (0.1%)|
|Earnings per share (TTM)||C$0.99|
Note: The dollar amounts in the table below are in Canadian dollars.
|1 week (2021-10-14)||-1.60%|
|1 month (2021-09-21)||25.03%|
|3 months (2021-07-21)||18.25%|
|6 months (2021-04-21)||105.12%|
|1 year (2020-10-21)||666.80%|
|2 years (2019-10-21)||271.78%|
|3 years (2018-10-19)||64.13%|
|5 years (2016-10-21)||13.14%|
Valuing Paramount Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Paramount Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Paramount Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Paramount Resources shares trade at around 19x recent earnings.
Paramount Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$73.8 million.
The EBITDA is a measure of a Paramount Resources's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||C$860.7 million|
|Operating margin TTM||10.74%|
|Gross profit TTM||C$196.4 million|
|Return on assets TTM||1.72%|
|Return on equity TTM||6.95%|
|Market capitalisation||C$2.6 billion|
TTM: trailing 12 months
There are currently 1.9 million Paramount Resources shares held short by investors – that's known as Paramount Resources's "short interest". This figure is 3.2% down from 2.0 million last month.
There are a few different ways that this level of interest in shorting Paramount Resources shares can be evaluated.
Paramount Resources's "short interest ratio" (SIR) is the quantity of Paramount Resources shares currently shorted divided by the average quantity of Paramount Resources shares traded daily (recently around 292722.35649547). Paramount Resources's SIR currently stands at 6.62. In other words for every 100,000 Paramount Resources shares traded daily on the market, roughly 6620 shares are currently held short.
However Paramount Resources's short interest can also be evaluated against the total number of Paramount Resources shares, or, against the total number of tradable Paramount Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Paramount Resources's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Paramount Resources shares in existence, roughly 10 shares are currently held short) or 0.0265% of the tradable shares (for every 100,000 tradable Paramount Resources shares, roughly 27 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Paramount Resources.
Dividend payout ratio: 6% of net profits
Recently Paramount Resources has paid out, on average, around 6% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Paramount Resources shareholders could enjoy a 1.2% return on their shares, in the form of dividend payments. In Paramount Resources's case, that would currently equate to about C$0.02 per share.
While Paramount Resources's payout ratio might seem low, this can signify that Paramount Resources is investing more in its future growth.
Paramount Resources's most recent dividend payout was on 29 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 October 2021 (the "ex-dividend date").
Paramount Resources's shares were split on a 1066:1000 basis on 5 January 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1066 shares. This wouldn't directly have changed the overall worth of your Paramount Resources shares – just the quantity. However, indirectly, the new 6.2% lower share price could have impacted the market appetite for Paramount Resources shares which in turn could have impacted Paramount Resources's share price.
Over the last 12 months, Paramount Resources's shares have ranged in value from as little as C$2.1318 up to C$20.68. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Paramount Resources's is 4.1491. This would suggest that Paramount Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Paramount Resources Ltd. , an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. The company's principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. It also invests in public and private corporations. The company was founded in 1976 and is based in Calgary, Canada. .
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