Paramount Resources Ltd. (TSE:POU – Get Free Report) declared a monthly dividend on Tuesday, July 2nd, Zacks reports. Investors of record on Monday, July 15th will be given a dividend of 0.15 per share on Wednesday, July 31st. This represents a $1.80 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date of this dividend is Monday, July 15th.
Paramount Resources Trading Up 0.5 %
TSE:POU opened at C$31.62 on Thursday. The company has a market cap of C$4.62 billion, a PE ratio of 13.75, a P/E/G ratio of 0.14 and a beta of 3.19. The business’s 50 day moving average is C$31.71 and its two-hundred day moving average is C$28.81. The company has a quick ratio of 0.68, a current ratio of 0.67 and a debt-to-equity ratio of 0.84. Paramount Resources has a 52 week low of C$24.59 and a 52 week high of C$33.80.
Paramount Resources (TSE:POU – Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported C$0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.59 by C($0.13). Paramount Resources had a return on equity of 9.92% and a net margin of 19.97%. The firm had revenue of C$452.30 million for the quarter, compared to the consensus estimate of C$415.00 million. On average, analysts predict that Paramount Resources will post 1.8292264 EPS for the current year.
Analysts Set New Price Targets
View Our Latest Stock Report on Paramount Resources
Insider Activity at Paramount Resources
In other news, Director James Geral Bell sold 6,666 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of C$29.03, for a total value of C$193,513.98. In other Paramount Resources news, Director James Geral Bell sold 6,666 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of C$29.03, for a total value of C$193,513.98. Also, Senior Officer John B. Williams sold 11,929 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$31.00, for a total transaction of C$369,799.00. Insiders sold 120,327 shares of company stock worth $3,791,305 in the last 90 days. Corporate insiders own 45.57% of the company’s stock.
About Paramount Resources
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.
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