Paramount Resources - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Paramount Resources M&A Summary

Paramount Resources has acquired 3 companies. It has also divested 1 asset.

Paramount Resources’ largest acquisition to date was in 2011, when it acquired ProspEx Resources for $140M. It’s largest disclosed sale occurred in 2016, when it sold Paramount Resources - Natural Gas Processing Assets to Pembina Pipeline for $556M. The Company’s most targeted sectors include oil/gas exploration (67%) and energy services and equipment (34%).

Paramount Resources Business Overview

Where is Paramount Resources headquartered?

Paramount Resources is headquartered in Calgary, Alberta.

What is Paramount Resources’ revenue?

Paramount Resources disclosed revenue of 2,524M CAD for 2022 and 1,383M CAD for 2021.

How many employees does Paramount Resources have?

Paramount Resources has 497 employees.

What sector is Paramount Resources in?

Paramount Resources is an oil/gas exploration company.

When was Paramount Resources founded?

Paramount Resources was founded in 1976.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity3
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Paramount Resources

Paramount Resources Ltd.

TD Canada Trust Tower Suite 2800 421 Seventh Avenue SW,
Calgary, Alberta T2P 4K9
Canada,
(403) 290-3600
www.paramountres.com

Paramount Resources is a oil and natural gas exploration, development and production company with operations focused in Western Canada. Paramount's common shares are listed on the Toronto Stock Exchange under the symbol "POU". Paramount Resources was founded in 1976 and is based in Calgary, Alberta.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $208M $208M
Sell (0.0/yr) # 1 - - - - - 1
vol $556M $556M
  4

Most Recent M&A

Company Date Value Type
Trilogy Energy Corp. 2017-09-12 - Add-on Acquisition
Calgary, Alberta · www.trilogyenergy.com
Paramount Resources - Natural Gas Processing Assets 2016-03-17 556M USD Divestiture
,
ProspEx Resources Ltd. 2011-05-31 140M USD Add-on Acquisition
Calgary, Alberta
Redcliffe Exploration, Inc. 2010-06-01 68M USD Add-on Acquisition
Calgary, Alberta
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 2 (67%) 208M (100%) - -
Energy Services and Equipment 1 (33%) - 1 (100%) 556M (100%)
Total 3 $208M 1 $556M

By Geo

State/Country Buy Value Sell Value
Canada 3 208M - -
  Alberta 3 208M - -
- - 1 556M
Domestic 3 (100%) 208M (100%) - -
Cross-border - - 1 (100%) 556M (100%)
Total 3 $208M 1 $556M

Deal Values

buy # Total
$100M to $1B 1 $140M
< $100M 1 $68M
TOTAL $208M
Largest ProspEx Resources Ltd.
$140M (2011-05-31)
sell # Total
$100M to $1B 1 $556M
TOTAL $556M
Largest Paramount Resources - Natural Gas Processing Assets
$556M (2016-03-17)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

2,524   83% 2022
1,383   121% 2021
626   32% 2020
915   6% 2019
965   97% 2018
491   98% 2017
249   34% 2016
377   8% 2015
350   2014
(millions of CAD) Show More Show Less

Employees

497

Established

1976

Public

Toronto (TSX): POU

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