Paramount Resources (TSX:POU) 5-Year Yield-on-Cost % : 4.78 (As of May. 28, 2024)

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What is Paramount Resources 5-Year Yield-on-Cost %?

Paramount Resources's yield on cost for the quarter that ended in Mar. 2024 was 4.78.

The historical rank and industry rank for Paramount Resources's 5-Year Yield-on-Cost % or its related term are showing as below:

TSX:POU' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.11 Med: 3.73 Max: 5.95
Current: 4.78

During the past 13 years, Paramount Resources's highest Yield on Cost was 5.95. The lowest was 0.11. And the median was 3.73.

TSX:POU's 5-Year Yield-on-Cost % is ranked worse than
50.7% of 499 companies
in the Oil & Gas industry
Industry Median: 4.82 vs TSX:POU: 4.78

Competitive Comparison of Paramount Resources's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, Paramount Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Paramount Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Paramount Resources's 5-Year Yield-on-Cost % falls into.

Paramount Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Paramount Resources is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Paramount Resources (TSX:POU) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Paramount Resources 5-Year Yield-on-Cost % Related Terms

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Paramount Resources (TSX:POU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (TSX:POU) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

PRMRF:USA PQ51:Germany

Address

888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5

Website

https://www.paramountres.com

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.

Executives

Mark Gordon Franko

Senior Officer

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