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Paramount Resources Ltd (Paramount Resources) is an exploration company. It carries out the exploration, development, and production of petroleum and natural gas reserves. The company extracts, processes and sells natural gas, natural gas liquids and oil. It develops both conventional and unconventional petroleum and natural gas reserves and resources. The company operates in three regions Grande Prairie Region, Kaybob Region, The Central Alberta and Other Region. Paramount Resources is headquartered in Calgary, Alberta, Canada.
Headquarters
Canada
Address
4700 Bankers Hall West, 888 Third Street S.W., Calgary, Alberta, T2P5C5
Website
www.paramountres.com
Telephone
1 403 2903600
No of Employees
415
Industry
Energy and Utilities
Ticker Symbol & Exchange
POU (TSE)
Revenue (2024)
$691.1M
-47.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
283.7%
(2024 vs 2023)
Market Cap*
$3.2B
Net Profit Margin (2024)
XYZ
636.9%
(2024 vs 2023)
* As of and is in US$
Paramount Resources Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Oil | Exploration |
| Natural Gas Liquids | Development |
| Oil | Extraction |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Asset Disposal | In January, the company sold certain Montney assets to Ovintiv for US$2.3 billion. |
| 2024 | Contracts/Agreements | In January, the company formed a joint venture with Woodside in the Liard Basin in Canada. |
| 2022 | Contracts/Agreements | In December, the company agreed to sell certain additional Kaybob Duvernay assets to Crescent Point Energy Corp. |
Competitor Comparison
| Key Parameters | Paramount Resources Ltd | Veren Inc | NuVista Energy Ltd | Birchcliff Energy Ltd | PrairieSky Royalty Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Calgary | Calgary | Calgary | Calgary | Calgary |
| State/Province | Alberta | Alberta | Alberta | Alberta | Alberta |
| No. of Employees | 415 | 746 | 100 | 224 | 70 |
| Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James Riddell | Director; Chief Executive Officer | Senior Management | 2015 | - |
| Paul Kinvig | Chief Financial Officer | Senior Management | 2020 | - |
| John Williams | Executive Vice President | Senior Management | 2017 | - |
| Joerg Wittenberg | Vice President | Senior Management | - | - |
| Mark Franko | General Counsel; Secretary | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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