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Paramount Resources (Paramount Resources) Net Margin % : 21.51% (As of Dec. 2023)


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What is Paramount Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Paramount Resources's Net Income for the three months ended in Dec. 2023 was $83 Mil. Paramount Resources's Revenue for the three months ended in Dec. 2023 was $388 Mil. Therefore, Paramount Resources's net margin for the quarter that ended in Dec. 2023 was 21.51%.

The historical rank and industry rank for Paramount Resources's Net Margin % or its related term are showing as below:

PRMRF' s Net Margin % Range Over the Past 10 Years
Min: -239.2   Med: 6.31   Max: 468.31
Current: 22.91


PRMRF's Net Margin % is ranked better than
79.63% of 977 companies
in the Oil & Gas industry
Industry Median: 4.18 vs PRMRF: 22.91

Paramount Resources Net Margin % Historical Data

The historical data trend for Paramount Resources's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paramount Resources Net Margin % Chart

Paramount Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.60 -3.63 16.24 26.96 22.90

Paramount Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.10 32.57 17.58 17.24 21.51

Competitive Comparison of Paramount Resources's Net Margin %

For the Oil & Gas E&P subindustry, Paramount Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paramount Resources's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Paramount Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Paramount Resources's Net Margin % falls into.



Paramount Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Paramount Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=350.477/1530.71
=22.90 %

Paramount Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=83.482/388.119
=21.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Resources  (OTCPK:PRMRF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Paramount Resources Net Margin % Related Terms

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Paramount Resources (Paramount Resources) Business Description

Traded in Other Exchanges
Address
888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5
Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.

Paramount Resources (Paramount Resources) Headlines

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