Paramount Resources Ltd trades with the ticker POU on the TSX and is in the Oil & Gas E&P industry.
Overview
Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 185,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development, the Kaybob North Montney oil development and other low-decline, legacy shale gas, and conventional natural gas producing properties covering an area of 745,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 811,000 net acres. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
Looking to invest in Paramount Resources Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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POU.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $3885.81MM
PE Ratio: 8.385
Price: 26.58 (Updated: 3/12/2024 0:47:16)
Paramount Resources Ltd (POU) vs Competitors in Oil & Gas E&P
Lets see how POU.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd
.Oil & Gas E&P Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Advantage Oil & Gas Ltd (AAV) | $1,577.226 | 16.729 | 5.77 | N/A% |
| Africa Oil Corp (AOI) | $959.473 | 8.708 | 6.836 | 3.2% |
| ARC Resources Ltd (ARX) | $13,990.234 | 8.981 | 4.539 | 2.9% |
| Athabasca Oil Corporation (ATH) | $2,937.06 | N/A | 26.708 | N/A% |
| Birchcliff Energy Ltd (BIR) | $1,471.439 | 17.25 | 4.987 | 7.2% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Oil & Gas E&P
- Paramount Resources Ltd (POU) vs Advantage Oil & Gas Ltd (AAV)
- POU has higher EPS (3.17 vs 0.59). POU provides dividends, while AAV does not. AAV has a higher P/E ratio (16.729 vs 8.385) indicating it’s more expensive.
- Paramount Resources Ltd (POU) vs Africa Oil Corp (AOI)
- POU has higher EPS (3.17 vs 0.24). POU has higher dividend yield (5.6% vs 3.2%). AOI has a higher P/E ratio (8.708 vs 8.385) indicating it’s more expensive.
- Paramount Resources Ltd (POU) vs ARC Resources Ltd (ARX)
- POU has higher EPS (3.17 vs 2.61). POU has higher dividend yield (5.6% vs 2.9%). ARX has a higher P/E ratio (8.981 vs 8.385) indicating it’s more expensive.
- Paramount Resources Ltd (POU) vs Athabasca Oil Corporation (ATH)
- POU has higher EPS (3.17 vs -0.09). POU provides dividends, while ATH does not. ATH has a P/E under 0, indicating POU (P/E 8.385) is in a better position.
- Paramount Resources Ltd (POU) vs Birchcliff Energy Ltd (BIR)
- POU has higher EPS (3.17 vs 0.32). BIR has higher dividend yield (7.2% vs 5.6%). BIR has a higher P/E ratio (17.25 vs 8.385) indicating it’s more expensive.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (8.38) than the industry average (8.87), indicating potential undervaluation. Features a lower EV/EBITDA ratio (3.91) than the industry average (7.57), indicating attractive valuation.
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