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Paramount Resources (Paramount Resources) Revenue

: $1,522 Mil (TTM As of Dec. 2023)
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Paramount Resources's revenue for the three months ended in Dec. 2023 was $388 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,522 Mil. Paramount Resources's Revenue per Share for the three months ended in Dec. 2023 was $2.62. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $10.27.

Warning Sign:

Paramount Resources Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Paramount Resources was -19.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 43.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 21.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 20.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Paramount Resources's highest 3-Year average Revenue per Share Growth Rate was 62.40% per year. The lowest was -25.10% per year. And the median was 7.70% per year.


Paramount Resources Revenue Historical Data

The historical data trend for Paramount Resources's Revenue 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 694.72 488.72 1,139.92 1,858.23 1,530.71

Paramount Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue 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 Premium Member Only Premium Member Only Premium Member Only 515.50 442.01 317.70 373.88 388.12

Competitive Comparison

For the Oil & Gas E&P subindustry, Paramount Resources's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution

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

* The bar in red indicates where Paramount Resources's Revenue falls into.



Paramount Resources Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,522 Mil.

* 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Paramount Resources Revenue Related Terms

Thank you for viewing the detailed overview of Paramount Resources's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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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