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Paramount Resources Ltd. (T:POU)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
See Regulatory Filings on SEDAR
Company Contact
Address: 421 7 Ave SW Suite 2800
Tel: N/A
IR: See website
Key People
James H. T. Riddell
Chairman of the Board, President, Chief Executive Officer
Paul Robert Kinvig
Chief Financial Officer
Bernard K. Lee
Executive Vice President - Finance
D. Blake Reid
Executive Vice President - Operations
John B. Williams
Executive Vice President - Kaybob Region
Mitchell Shier
Vice President - Land, General Counsel, Corporate Secretary
Rodrigo R. Sousa
Vice President - Corporate Development and Planning
Business Overview
Paramount Resources Ltd is a Canada-based energy company that is focused on developing its portfolio of diverse resource plays while consistently building value for shareholders. The Company explores for, develops, produces and markets natural gas, oil and natural gas liquids in Alberta, British Columbia, Saskatchewan and the Northwest Territories. It has portfolio of resource plays in the Kaybob Region and The Central Alberta, which includes multiple land and resource positions, such as Kaybob Montney Oil, Kaybob South Duvernay Willesden Green and East Shale Basin Duvernay, Cardium, Glauconite and Ellerslie rights.
Financial Overview
For the six months ended 30 June 2020, ParamountResources Ltd revenues decreased 19% to C$305.1M. Net lossincreased 57% to C$310.8M. Revenues reflect Condensate andoil segment decrease of 40% to C$171.8M, Crude Oil -Production - Total decrease of 5% to 4.1M barrels, OilEquv. Prod. (Bbl/D)-Central Alberta decrease of 54% to 9Kbarrels per day. Higher net loss reflects AverageProduction Costs per unit.
Employees: 301 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,199M as of Sep 30, 2020
Annual revenue (TTM): $662.87M as of Sep 30, 2020
EBITDA (TTM): $277.85M as of Sep 30, 2020
Net annual income (TTM): -$365.29M as of Sep 30, 2020
Free cash flow (TTM): -$131.47M as of Sep 30, 2020
Net Debt Last Fiscal Year: $815.85M as of Sep 30, 2020
Shares outstanding: 133,784,323 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization