Paramount Resources (OTCMKTS:PRMRF – Get Free Report) is expected to post its resultson Wednesday, July 29th. Analysts expect Paramount Resources to post earnings of $0.28 per share and revenue of $151.36 million for the quarter.
Paramount Resources (OTCMKTS:PRMRF – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. Paramount Resources had a net margin of 6.65% and a return on equity of 1.98%. The business had revenue of $164.34 million for the quarter, compared to the consensus estimate of $119.34 million. On average, analysts expect Paramount Resources to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Paramount Resources Price Performance
Shares of Paramount Resources stock opened at $20.61 on Wednesday. Paramount Resources has a 1 year low of $13.24 and a 1 year high of $24.25. The firm has a market cap of $3.01 billion, a PE ratio of 79.28 and a beta of 0.63. The company has a 50 day simple moving average of $21.13 and a two-hundred day simple moving average of $20.21.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on PRMRF
Paramount Resources Company Profile
Paramount Resources Ltd. is a Calgary, Alberta–based energy company engaged in the exploration, development and production of conventional and unconventional oil and natural gas resources. The company’s operations span acquisition of acreage, drilling and completion activities, reservoir optimization and production marketing, with a focus on upstream activities. Paramount also holds a portfolio of royalty interests that generate recurring cash flows from production by third parties.
Paramount’s core operating regions are located within the Western Canadian Sedimentary Basin, primarily in Alberta and northeastern British Columbia.
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