Rodrigo Sousa Purchases 7,600 Shares of Paramount Resources, Ltd. (POU) Stock

Paramount Resources, Ltd. (TSE:POU) insider Rodrigo Sousa acquired 7,600 shares of the business’s stock in a transaction that occurred on Wednesday, February 7th. The shares were purchased at an average cost of C$16.85 per share, for a total transaction of C$128,060.00.

Rodrigo Sousa also recently made the following trade(s):

  • On Wednesday, December 13th, Rodrigo Sousa acquired 600 shares of Paramount Resources stock. The shares were purchased at an average cost of C$17.80 per share, for a total transaction of C$10,680.00.
  • On Monday, December 11th, Rodrigo Sousa acquired 2,000 shares of Paramount Resources stock. The shares were purchased at an average cost of C$18.20 per share, for a total transaction of C$36,400.00.
  • On Thursday, December 7th, Rodrigo Sousa acquired 2,500 shares of Paramount Resources stock. The shares were purchased at an average cost of C$18.34 per share, for a total transaction of C$45,850.00.

Shares of Paramount Resources, Ltd. (POU) traded down C$1.17 during trading hours on Wednesday, reaching C$16.38. The company had a trading volume of 496,731 shares, compared to its average volume of 367,149. The company has a market cap of $2,210.00, a price-to-earnings ratio of 3.58 and a beta of 2.07. Paramount Resources, Ltd. has a twelve month low of C$14.60 and a twelve month high of C$25.57.

Paramount Resources (TSE:POU) last announced its earnings results on Thursday, November 9th. The company reported C$0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.47) by C$1.07. The business had revenue of C$116.54 million during the quarter, compared to analyst estimates of C$116.00 million. Paramount Resources had a return on equity of 10.79% and a net margin of 65.60%.

POU has been the topic of several recent research reports. Barclays raised their price objective on Paramount Resources from C$21.00 to C$22.00 in a report on Monday, October 30th. CSFB raised their price objective on Paramount Resources from C$23.00 to C$26.50 in a report on Monday, November 13th. Desjardins raised their price objective on Paramount Resources from C$24.00 to C$26.50 in a report on Monday, November 13th. GMP Securities raised their price objective on Paramount Resources from C$25.50 to C$29.00 in a report on Monday, November 13th. Finally, Laurentian raised their price objective on Paramount Resources from C$33.00 to C$35.00 in a report on Monday, November 13th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of C$28.04.

WARNING: This report was originally reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this report can be read at https://www.americanbankingnews.com/2018/02/07/rodrigo-sousa-purchases-7600-shares-of-paramount-resources-ltd-pou-stock.html.

About Paramount Resources

Paramount Resources Ltd. is an energy company. The Company explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and pre-development projects, and holds a portfolio of investments in other entities. The Company’s segments include Principal Properties, Strategic Investments and Corporate.

Insider Buying and Selling by Quarter for Paramount Resources (TSE:POU)

Receive News & Ratings for Paramount Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply