Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Paramount Resources's share price for the quarter that ended in Mar. 2024 was C$27.49. Paramount Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 145 Mil. Therefore, Paramount Resources's market cap for the quarter that ended in Mar. 2024 was C$3,992 Mil.
Paramount Resources's quarterly market cap
declined
from Sep. 2023 (C$4,625 Mil) to Dec. 2023 (C$3,739 Mil) but then
increased
from Dec. 2023 (C$3,739 Mil) to Mar. 2024 (C$3,992 Mil).
Paramount Resources's annual market cap
increased
from Dec. 2021 (C$3,423 Mil) to Dec. 2022 (C$4,067 Mil) but then
declined
from Dec. 2022 (C$4,067 Mil) to Dec. 2023 (C$3,739 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Paramount Resources's Enterprise Value for Today is C$4,690 Mil.
Paramount Resources Market Cap Historical Data
The historical data trend for Paramount Resources's Market Cap 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.
Competitive Comparison of Paramount Resources's Market Cap
For the Oil & Gas E&P subindustry, Paramount Resources's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Paramount Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Paramount Resources's Market Cap falls into.
Paramount Resources Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Paramount Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (TSX:POU) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Paramount Resources Market Cap Related Terms
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Paramount Resources (TSX:POU) Business Description
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.
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