Paramount Resources Future Growth

Future criteria checks 3/6

Paramount Resources is forecast to grow earnings and revenue by 13.4% and 11.3% per annum respectively. EPS is expected to grow by 12.3% per annum. Return on equity is forecast to be 13% in 3 years.

Key information

13.4%

Earnings growth rate

12.3%

EPS growth rate

Oil and Gas earnings growth	5.6%
Revenue growth rate	11.3%
Future return on equity	13.0%
Analyst coverage	Low
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

Are Investors Undervaluing Paramount Resources Ltd. (TSE:POU) By 44%?

Apr 24

Paramount Resources Ltd. (TSE:POU) Doing What It Can To Lift Shares

Apr 03

Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders

Mar 14

We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease

Sep 29

Estimating The Fair Value Of Paramount Resources Ltd. (TSE:POU)

Feb 02

Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Jan 04

Paramount Resources (TSE:POU) Has A Pretty Healthy Balance Sheet

Nov 30

Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's

Nov 07

Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Sep 23

Earnings and Revenue Growth Forecasts

TSX:POU - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,374	661	N/A	1,152	1
12/31/2025	2,343	658	298	1,209	3
12/31/2024	1,894	474	93	953	3
12/31/2023	1,799	470	206	938	N/A
9/30/2023	1,963	618	265	958	N/A
6/30/2023	2,140	753	321	999	N/A
3/31/2023	2,253	861	424	1,146	N/A
12/31/2022	2,189	681	395	1,050	N/A
9/30/2022	1,977	522	383	935	N/A
6/30/2022	1,740	593	350	783	N/A
3/31/2022	1,534	336	243	576	N/A
12/31/2021	1,332	237	208	482	N/A
9/30/2021	1,118	447	71	344	N/A
6/30/2021	883	131	2	258	N/A
3/31/2021	704	130	-84	132	N/A
12/31/2020	595	-23	-140	81	N/A
9/30/2020	647	-365	-131	98	N/A
6/30/2020	700	-201	-172	135	N/A
3/31/2020	781	-246	-166	198	N/A
12/31/2019	852	-88	-148	256	N/A
9/30/2019	808	-227	-262	198	N/A
6/30/2019	846	-381	-244	223	N/A
3/31/2019	873	-379	-322	227	N/A
12/31/2018	896	-367	-357	223	N/A
9/30/2018	939	-149	-357	254	N/A
6/30/2018	825	87	-371	230	N/A
3/31/2018	668	252	-327	206	N/A
12/31/2017	467	337	-419	126	N/A
9/30/2017	257	502	N/A	76	N/A
6/30/2017	197	1,308	N/A	37	N/A
3/31/2017	211	1,232	N/A	-11	N/A
12/31/2016	247	1,165	N/A	46	N/A
9/30/2016	303	354	N/A	63	N/A
6/30/2016	359	-847	N/A	89	N/A
3/31/2016	378	-877	N/A	133	N/A
12/31/2015	366	-901	N/A	84	N/A
9/30/2015	373	-409	N/A	108	N/A
6/30/2015	346	-246	N/A	109	N/A
3/31/2015	329	-133	N/A	93	N/A
12/31/2014	332	-72	N/A	119	N/A
9/30/2014	293	35	N/A	78	N/A
6/30/2014	263	7	N/A	60	N/A
3/31/2014	245	-68	N/A	61	N/A
12/31/2013	220	-87	N/A	45	N/A
9/30/2013	211	-216	N/A	38	N/A
6/30/2013	197	-212	N/A	61	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: POU's forecast earnings growth (13.4% per year) is above the savings rate (2%).

Earnings vs Market: POU's earnings (13.4% per year) are forecast to grow faster than the Canadian market (12% per year).

High Growth Earnings: POU's earnings are forecast to grow, but not significantly.

Revenue vs Market: POU's revenue (11.3% per year) is forecast to grow faster than the Canadian market (6.6% per year).

High Growth Revenue: POU's revenue (11.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: POU's Return on Equity is forecast to be low in 3 years time (13%).

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Paramount Resources Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 30%

Price target increased by 7.1% to CA$35.70

Paramount Resources Ltd. Revises Production Guidance for the First Half, Second Half and Full Year 2024

Price target decreased by 7.5% to CA$35.44

Paramount Resources Ltd. Provides Earnings Guidance for the Fourth Quarter of 2023

Paramount Resources Ltd. Provides Sales Guidance for the Fourth Quarter 2023 and Full Year 2024

Recent updates

Are Investors Undervaluing Paramount Resources Ltd. (TSE:POU) By 44%?

Executive Vice President of Finance exercised options to buy CA$415k worth of stock.

Consensus EPS estimates increase by 30%

Price target increased by 7.1% to CA$35.70

Executive Vice President of Finance recently sold CA$1.2m worth of stock

Now 20% overvalued after recent price rise

Vice President of Midstream & Marketing exercised options and sold CA$567k worth of stock

Dividend of CA$0.13 announced

Paramount Resources Ltd. (TSE:POU) Doing What It Can To Lift Shares

Paramount Resources Ltd. Declares Cash Dividend, Payable on April 30, 2024

Chairman exercised options to buy CA$16m worth of stock.

Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders

Dividend of CA$0.13 announced

Full year 2023 earnings: EPS misses analyst expectations

Paramount Resources Ltd. Revises Production Guidance for the First Half, Second Half and Full Year 2024

Paramount Resources Ltd., Annual General Meeting, May 02, 2024

Upcoming dividend of CA$0.13 per share at 6.0% yield

Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125

Dividend of CA$0.13 announced

Price target decreased by 7.5% to CA$35.44

Paramount Resources Ltd. Declares Dividend, Payable on February 29, 2024

Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Paramount Resources Ltd. Provides Earnings Guidance for the Fourth Quarter of 2023

Upcoming dividend of CA$0.13 per share at 5.7% yield

Paramount Resources Ltd. Announces January Dividend, Payable on January 31, 2024

Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125

Upcoming dividend of CA$0.13 per share at 5.9% yield

Apache Corporation and Paramount Resources Ltd Announces Settlement Approval in Apache Canada Employee Awards Class Action

Paramount Resources Ltd. Declares December Cash Dividend, Payable on December 29, 2023

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of CA$0.13 per share at 4.8% yield

Executive Vice President of Operations exercised options and sold CA$322k worth of stock

Paramount Resources Ltd. Provides Sales Guidance for the Fourth Quarter 2023 and Full Year 2024

Third quarter 2023 earnings released: EPS: CA$0.61 (vs CA$1.57 in 3Q 2022)

Upcoming dividend of CA$0.13 per share at 5.0% yield

Paramount Resources Ltd. Declares October Cash Dividend, Payable on October 31, 2023

We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease

Executive Vice President of Finance exercised options to buy CA$1.9m worth of stock.

Upcoming dividend of CA$0.13 per share at 4.6% yield

Paramount Resources Ltd. Declares September Dividend, Payable on September 29, 2023

Paramount Resources Ltd. Provides Sales Guidance for the Year 2023 and 2024

Paramount Resources Ltd. Declares Cash Dividend for July 2023, Payable on July 31, 2023

Paramount Resources Ltd Announces Appointment of Directors

Paramount Resources Ltd. Announces Cash Dividend, Payable on June 30, 2023

Paramount Resources Ltd. Restores Majority of Production That Had Been Temporarily Curtailed as a Result of the Alberta Wildfires

Paramount Resources Ltd. Provides Further Alberta Wildfire Update

Paramount Resources Ltd. Advises of Impact of Alberta Wildfires

First quarter 2023 earnings released: EPS: CA$1.39 (vs CA$0.12 in 1Q 2022)

Paramount Resources Ltd. Provides Sales Guidance for the First Half of 2023, Second Half of 2023, Full-Year 2023 and 2024

Non-Independent Director exercised options and sold CA$172k worth of stock

Insider recently sold CA$323k worth of stock

Upcoming dividend of CA$0.13 per share at 4.8% yield

Insider recently sold CA$1.2m worth of stock

Executive Vice President of Operations recently sold CA$498k worth of stock

General Counsel & Corporate Secretary exercised options and sold CA$389k worth of stock

Full year 2022 earnings released: EPS: CA$4.83 (vs CA$1.77 in FY 2021)

Paramount Resources Ltd., Annual General Meeting, May 03, 2023

Upcoming dividend of CA$0.13 per share at 5.1% yield

Paramount Resources Ltd. Declares Cash Dividend for the Month of February 2023, Payable on February 28, 2023

Estimating The Fair Value Of Paramount Resources Ltd. (TSE:POU)

Insider exercised options to buy CA$2.6m worth of stock.

Crescent Point Energy Corp. (TSX:CPG) acquired Additional Kaybob Duvernay assets from Paramount Resources Ltd. (TSX:POU). for CAD 370 million.

Investor sentiment improved over the past week

Insider exercised options to buy CA$127k worth of stock.

Upcoming dividend of CA$0.13 per share

Press Release: Paramount Resources Ltd. Announces January Dividend, Payable on January 31, 2023

Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?

Lead Independent Director exercised options to buy CA$388k worth of stock.

Executive Vice President of Finance recently bought CA$148k worth of stock