Analysts’ Recent Ratings Updates for Paramount Resources (POU)

Several brokerages have updated their recommendations and price targets on shares of Paramount Resources (TSE: POU) in the last few weeks:

• 2/24/2025 – Paramount Resources had its price target lowered by analysts at Jefferies Financial Group Inc. from C$35.00 to C$21.00.
• 2/19/2025 – Paramount Resources had its price target lowered by analysts at BMO Capital Markets from C$40.00 to C$25.00.
• 2/19/2025 – Paramount Resources had its price target lowered by analysts at CIBC from C$39.50 to C$24.50.
• 2/19/2025 – Paramount Resources had its price target lowered by analysts at Scotiabank from C$46.00 to C$31.00.
• 2/18/2025 – Paramount Resources was downgraded by analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating.
• 2/18/2025 – Paramount Resources had its price target lowered by analysts at Royal Bank of Canada from C$34.00 to C$19.00.
• 1/17/2025 – Paramount Resources had its price target raised by analysts at Scotiabank from C$44.00 to C$46.00.

Paramount Resources Stock Up 1.3 %

Shares of TSE POU opened at C$15.29 on Thursday. Paramount Resources Ltd. has a 12-month low of C$14.33 and a 12-month high of C$33.06. The stock’s fifty day simple moving average is C$27.48 and its two-hundred day simple moving average is C$27.91. The company has a current ratio of 0.62, a quick ratio of 0.68 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of C$2.28 billion, a PE ratio of 6.26, a price-to-earnings-growth ratio of 0.14 and a beta of 3.04.

Paramount Resources Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 28th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, February 20th. This represents a $0.60 dividend on an annualized basis and a yield of 3.92%. Paramount Resources’s payout ratio is currently 73.70%.

Insider Activity

In other Paramount Resources news, Senior Officer Michael S. Han sold 8,320 shares of Paramount Resources stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of C$30.86, for a total value of C$256,788.48. Company insiders own 45.36% of the company’s stock.

Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 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 249,000 net acres.