Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada.
+ 1 more risk
Imperfect balance sheet and overvalued.
Share Price & News
How has Paramount Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PQ51's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: PQ51 underperformed the German Oil and Gas industry which returned 11.4% over the past year.
Return vs Market: PQ51 underperformed the German Market which returned -4.5% over the past year.
Price Volatility Vs. Market
How volatile is Paramount Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Paramount Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PQ51's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PQ51's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PQ51 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: PQ51 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PQ51's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PQ51 is good value based on its PB Ratio (0.1x) compared to the DE Oil and Gas industry average (0.9x).
How is Paramount Resources forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PQ51 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: PQ51 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: PQ51 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: PQ51's revenue is expected to decline over the next 3 years (-5.4% per year).
High Growth Revenue: PQ51's revenue is forecast to decline over the next 3 years (-5.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PQ51's Return on Equity is forecast to be high in 3 years time
How has Paramount Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PQ51 is currently unprofitable.
Growing Profit Margin: PQ51 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PQ51 is unprofitable, but has reduced losses over the past 5 years at a rate of 2.7% per year.
Accelerating Growth: Unable to compare PQ51's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PQ51 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.1%).
Return on Equity
High ROE: PQ51 has a negative Return on Equity (-14.35%), as it is currently unprofitable.
How is Paramount Resources's financial position?
Financial Position Analysis
Short Term Liabilities: PQ51's short term assets (CA$127.2M) do not cover its short term liabilities (CA$238.1M).
Long Term Liabilities: PQ51's short term assets (CA$127.2M) do not cover its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: PQ51's debt to equity ratio (39.8%) is considered satisfactory.
Reducing Debt: PQ51's debt to equity ratio has reduced from 117.4% to 39.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PQ51 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PQ51 has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.4% each year.
What is Paramount Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PQ51's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PQ51's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PQ51's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PQ51's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PQ51's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Riddell (52yo)
Mr. James H. T. Riddell, also known as Jim, BSc, MSc (Geology), has been the Chairman, President & Chief Executive Officer at Paramount Resources Ltd. since 2018. He was President and Chief Operating Offic ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD1.29M) is above average for companies of similar size in the German market ($USD759.94K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Executive Vice President of Operations||2.5yrs||CA$596.37k||0.012% CA$18.4k|
|General Counsel||11.33yrs||CA$627.10k||0.012% CA$18.1k|
|Executive Vice President of Corporate Development & Planning||2.42yrs||CA$640.46k||0.055% CA$84.6k|
|Executive Vice President of Finance||no data||CA$713.74k||0.23% CA$349.2k|
|Chief Financial Officer||no data||no data||0.028% CA$42.7k|
|Vice President of Information Services & Corporate Services||2.42yrs||no data||0.0061% CA$9.4k|
|Vice President of Midstream & Marketing||2.5yrs||no data||0.0079% CA$12.2k|
|Executive Vice President of Kaybob Region||no data||CA$564.82k||0.084% CA$128.9k|
|Chief Executive Officer of Pixar and President of Pixar||8.5yrs||no data||no data|
Experienced Management: PQ51's management team is considered experienced (2.5 years average tenure).
|Independent Director||2.67yrs||CA$70.00k||0.016% CA$24.2k|
|Independent Director||18.33yrs||CA$83.75k||0.0092% CA$14.2k|
|Independent Director||20.33yrs||CA$80.00k||0.018% CA$27.5k|
|Non-Independent Director||20.33yrs||CA$70.00k||0.28% CA$438.2k|
|Independent Director||2.67yrs||CA$70.00k||0.0093% CA$14.4k|
|Lead Independent Director||no data||CA$91.25k||0.0069% CA$10.6k|
|Independent Director||8.5yrs||CA$80.00k||0.0078% CA$12.1k|
Experienced Board: PQ51's board of directors are considered experienced (8.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PQ51 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.
Paramount Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Paramount Resources Ltd.
- Ticker: PQ51
- Exchange: DB
- Founded: 1976
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$234.848m
- Listing Market Cap: CA$154.199m
- Shares outstanding: 134.20m
- Website: https://www.paramountres.com
Number of Employees
- Paramount Resources Ltd.
- TD Canada Trust Tower
- Suite 2800
- T2P 4K9
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|POU||TSX (The Toronto Stock Exchange)||Yes||Class A Common Shares||CA||CAD||Sep 1982|
|PQ51||DB (Deutsche Boerse AG)||Yes||Class A Common Shares||DE||EUR||Sep 1982|
|PRMR.F||OTCPK (Pink Sheets LLC)||Yes||Class A Common Shares||US||USD||Sep 1982|
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Its principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/27 02:40|
|End of Day Share Price||2020/05/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.