Canadian oil and gas producer focused on the Karr/Wapiti Montney liquids-rich natural gas play in Alberta.
Canadian oil and gas producer focused on the Karr/Wapiti Montney liquids-rich natural gas play in Alberta.
Sells natural gas and condensate (ultra-light oil from gas wells, priced like crude), so earnings follow gas and oil prices and liquids-rich gas earns more than dry gas. The Riddell family, which founded the company, is its largest shareholder.
In one line: A Montney liquids-rich natural gas producer.
Moat: none. Commodity gas/liquids producer without a structural cost or scale advantage over other Montney peers.
Headquarters: Calgary, Canada · Founded: 1978 · Employees: 505
Size Paramount Resources (POU.TO) is a Canada Energy company (Integrated Oil) with a market value of $3.26B, the 150th largest of 420 Canada companies the cockpit tracks. Shares closed at C$31.29 on 6 Nov 2026.
Performance Over six months the shares gained 6.5%, against -9.8% for the median peer and +5.2% for the Canada market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue fell 28.3% over the last twelve months (peer median +11.3%); the operating margin is 10.4% (peer median 28.0%).
Valuation It trades at 12.4× forward earnings against a peer median of 10.0× (3rd most expensive of 19).
Capital Return on invested capital runs 4.6 points below its cost of capital (8.1% WACC).
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.05B | C$966M | C$1.85B | C$1.80B | C$2.19B |
| Revenue growth | — | -48% | +3% | -18% | — |
| Gross profit | C$236M | C$163M | C$434M | C$502M | C$1.03B |
| EBITDA | C$429M | C$296M | C$815M | C$862M | C$1.31B |
| Net income | C$117M | C$1.29B | C$336M | C$470M | C$681M |
| Free cash flow | -C$638M | -C$459M | -C$41.2M | C$127M | C$249M |
| Capital expenditure | C$1.13B | C$876M | C$856M | C$811M | C$801M |
| Total debt | C$24.7M | C$25.5M | C$202M | C$29.2M | C$177M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Paramount Resources POU.TO | $3.26B | +6% | -28% | 10% | 12.4× | n/a |
| ARC Resources ARX.TO | n/a | +29% | n/a | n/a | n/a | n/a |
| Tourmaline Oil TOU.TO | $17.5B | -3% | +4% | 1% | 11.9× | n/a |
| Advantage Energy AAV.TO | $1.26B | +6% | +14% | 20% | 16.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | POU.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.5% | -10.4% | 4th highest of 21 |
| 6-month return | +6.5% | -9.8% | highest of 21 |
| Distance from 52-week high | -11.4% | -26.2% | 2nd highest of 21 |
| Revenue growth (TTM) | -28.3% | +11.3% | lowest of 21 |
| Operating margin | 10.4% | 28.0% | 5th lowest of 21 |
| Forward P/E | 12.4× | 10.0× | 3rd most expensive of 19 |
| ROIC minus cost of capital | -4.6 pp | +5.6 pp | 3rd lowest of 21 |
| EV / EBITDA | 9.5× | 5.0× | 2nd most expensive of 17 |
| Net debt / EBITDA | -1.1× | 1.0× | least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Paramount Resources POU.TO | Canada | $3.26B | +6% | -28% | 10% | 12.4× | n/a | n/a |
| Peyto Exploration & Development PEY.TO | Canada | $3.54B | -5% | +26% | 40% | 12.6× | -2.1% | +22.8% |
| Baytex Energy BTE.TO | Canada | $2.95B | -11% | -8% | 15% | 7.5× | 4.7% | +12.8% |
| Tamarack Valley Energy TVE.TO | Canada | $3.83B | -7% | +11% | 48% | 10.7× | -5.6% | +46.8% |
| Athabasca Oil ATH.TO | Canada | $3.92B | +1% | +3% | 31% | 13.7× | -5.3% | +23.4% |
| Shandong Xinchao Energy 600777.SS | China | $3.97B | -33% | -15% | 13% | n/a | -10.0% | +13.1% |
| California Resources CRC | United States | $4.15B | -20% | +12% | 24% | 10.9× | -8.3% | +16.2% |
| Japan Petroleum Exploration 1662.T | Japan | $2.36B | -36% | -16% | 9% | 5.1× | -5.6% | +7.2% |
| Crescent Energy CRGY | United States | $4.74B | -10% | +34% | 30% | 4.1× | -9.4% | +36.5% |
| DNO DNO.OL | Norway | $2.13B | +6% | +128% | 48% | 5.9× | n/a | n/a |
| Headwater Exploration HWX.TO | Canada | $1.95B | -10% | +13% | 44% | 9.9× | 3.0% | +125.4% |
| Ithaca Energy ITH.L | United Kingdom | $5.52B | -9% | +28% | 41% | 12.1× | -7.0% | +1.4% |
| BKV BKV | United States | $1.92B | -37% | +84% | -1% | 11.1× | n/a | n/a |
| Strathcona Resources SCR.TO | Canada | $5.56B | -14% | -9% | 26% | 6.5× | -2.7% | +95.6% |
| Senton Energy 001331.SZ | China | $1.75B | -24% | -24% | -1% | n/a | n/a | n/a |
| Hess Midstream LP HESM | United States | $6.18B | -22% | -1% | 63% | 10.3× | -16.3% | +8.2% |
| Matador Resources MTDR | United States | $6.24B | -9% | +13% | 39% | 5.0× | n/a | n/a |
| CNOOC Energy Technology & Services 600968.SS | China | $6.25B | -7% | -1% | 9% | 9.7× | -14.2% | +8.7% |
| Guanghui Energy 600256.SS | China | $6.47B | 0% | -5% | 18% | 10.1× | -11.4% | +14.9% |
| National Fuel Gas NFG | United States | $6.98B | -8% | +13% | 37% | 10.2× | -6.2% | +9.1% |
| Mach Natural Resources LP MNR | United States | $1.50B | -35% | +39% | 22% | 5.9× | -10.0% | +2.9% |