Loading…
← CockpitCompetitor Analysis › POU.TO Paramount Resources Ltd. Class AOpen in the cockpit ↗

Paramount Resources Ltd. Class APOU.TOCompetitor analysis, valuation and peers

Canada · CAD·Energy›Integrated Oil

Canadian oil and gas producer focused on the Karr/Wapiti Montney liquids-rich natural gas play in Alberta.

≈ A Montney liquids-rich natural gas producerMomentum strong 67
Mkt cap
$3.26B
US dollars, full cap
Free float
52%
of shares outstanding
$/day
$9.33M
20-day average traded
Fwd P/E
12.4×
forward earnings
ROIC−WACC
-4.6 pp
WACC 8.1%
Hurdle
n/a
no reverse DCF
Next earnings
123 days
9 Mar 2027
Close · CADC$31.29
1D-1.7%
1W-10.5%
1M-0.5%
3M+4.0%
6M+6.5%
YTD+29.4%
1Y+35.2%
ATR %3.2%
52w lowhigh11.4% off high

What Paramount Resources does

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.

Products and services

  • Karr/Wapiti Montney production
  • Natural gas liquids (condensate)

Customers

  • Natural gas/NGL marketers

Where it sits in the supply chain

  • Energy exploration & production
  • Montney natural gas/liquids production
  • Gas processing infrastructure

What could go right

  • Natural gas/condensate price strength
  • Montney production growth

What could go wrong

  • Natural gas price volatility
  • Well decline/reserve replacement risk

Moat: none. Commodity gas/liquids producer without a structural cost or scale advantage over other Montney peers.

Headquarters: Calgary, Canada · Founded: 1978 · Employees: 505

Named competitors

Paramount Resources at a glance

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).

Relative performance

9010011012011 May 202611 Aug 20266 Nov 2026POU.TO 107Peer median 90
Six months, rebased to 100: Paramount Resources against the median of its 20 peers (local-currency closes).

Paramount Resources financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$1.05BC$966MC$1.85BC$1.80BC$2.19B
Revenue growth—-48%+3%-18%—
Gross profitC$236MC$163MC$434MC$502MC$1.03B
EBITDAC$429MC$296MC$815MC$862MC$1.31B
Net incomeC$117MC$1.29BC$336MC$470MC$681M
Free cash flow-C$638M-C$459M-C$41.2MC$127MC$249M
Capital expenditureC$1.13BC$876MC$856MC$811MC$801M
Total debtC$24.7MC$25.5MC$202MC$29.2MC$177M

Quarterly statements and history in the cockpit →

Paramount Resources competitor charts

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.

Performance: 6-month against 1-month return

-30%-20%-10%0%-20%-10%0%PEYBTETVEATH600777CRC1662CRGYDNOHWXITHBKVSCR001331HESMMTDR600968600256NFGMNRPOU.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Paramount Resources is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%5×10×PEYBTETVEATHCRC1662CRGYDNOHWXITHBKVSCRHESMMTDR600256MNRPOU.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Paramount Resources is the large dot.

Paramount Resources competitors and peer comparison

Head to head with its named competitors (POU.TO vs ARX.TO vs TOU.TO vs AAV.TO)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Paramount Resources POU.TO$3.26B+6%-28%10%12.4×n/a
ARC Resources ARX.TOn/a+29%n/an/an/an/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

How Paramount Resources compares with its peers

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.

Paramount Resources against its 20 peers (data as of 6 Nov 2026)
MeasurePOU.TOPeer medianRank 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 margin10.4%28.0%5th lowest of 21
Forward P/E12.4×10.0×3rd most expensive of 19
ROIC minus cost of capital-4.6 pp+5.6 pp3rd lowest of 21
EV / EBITDA9.5×5.0×2nd most expensive of 17
Net debt / EBITDA-1.1×1.0×least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Paramount Resources POU.TOCanada$3.26B+6%-28%10%12.4×n/an/a
Peyto Exploration & Development PEY.TOCanada$3.54B-5%+26%40%12.6×-2.1%+22.8%
Baytex Energy BTE.TOCanada$2.95B-11%-8%15%7.5×4.7%+12.8%
Tamarack Valley Energy TVE.TOCanada$3.83B-7%+11%48%10.7×-5.6%+46.8%
Athabasca Oil ATH.TOCanada$3.92B+1%+3%31%13.7×-5.3%+23.4%
Shandong Xinchao Energy 600777.SSChina$3.97B-33%-15%13%n/a-10.0%+13.1%
California Resources CRCUnited States$4.15B-20%+12%24%10.9×-8.3%+16.2%
Japan Petroleum Exploration 1662.TJapan$2.36B-36%-16%9%5.1×-5.6%+7.2%
Crescent Energy CRGYUnited States$4.74B-10%+34%30%4.1×-9.4%+36.5%
DNO DNO.OLNorway$2.13B+6%+128%48%5.9×n/an/a
Headwater Exploration HWX.TOCanada$1.95B-10%+13%44%9.9×3.0%+125.4%
Ithaca Energy ITH.LUnited Kingdom$5.52B-9%+28%41%12.1×-7.0%+1.4%
BKV BKVUnited States$1.92B-37%+84%-1%11.1×n/an/a
Strathcona Resources SCR.TOCanada$5.56B-14%-9%26%6.5×-2.7%+95.6%
Senton Energy 001331.SZChina$1.75B-24%-24%-1%n/an/an/a
Hess Midstream LP HESMUnited States$6.18B-22%-1%63%10.3×-16.3%+8.2%
Matador Resources MTDRUnited States$6.24B-9%+13%39%5.0×n/an/a
CNOOC Energy Technology & Services 600968.SSChina$6.25B-7%-1%9%9.7×-14.2%+8.7%
Guanghui Energy 600256.SSChina$6.47B0%-5%18%10.1×-11.4%+14.9%
National Fuel Gas NFGUnited States$6.98B-8%+13%37%10.2×-6.2%+9.1%
Mach Natural Resources LP MNRUnited States$1.50B-35%+39%22%5.9×-10.0%+2.9%

Questions

Who are Paramount Resources's main competitors?
Named competitors: ARC Resources (ARX.TO), Tourmaline Oil (TOU.TO), Advantage Energy (AAV.TO). The cockpit's measured peer set (industry) also includes Peyto Exploration & Development (PEY.TO), Baytex Energy (BTE.TO), Tamarack Valley Energy (TVE.TO), Athabasca Oil (ATH.TO), Shandong Xinchao Energy (600777.SS), California Resources (CRC).
Is Paramount Resources expensive compared with its peers?
On forward p/e it trades at 12.4× against a peer median of 10.0×, 3rd most expensive of 19 in its peer set.
How has Paramount Resources stock performed?
Over six months to 6 Nov 2026 the shares returned +6.5% against -9.8% for the median peer; over one year +35.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.