Paramount Resources Ltd operates in the Oil and gas exploration services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Paramount Resources Ltd with three other
Oil and Gas Field Services in North America:
Ion Geophysical Corporation
of UNITED STATES
(2019
sales of $174.68 million
of which 72%
was E&P Technology & Services),
Dawson Geophysical Co
of UNITED STATES
($145.77 million
of which 100%
was Geophysical Services), and
TransAtlantic Petroleum Limited
(89.16 million Canadian Dollars [US$65.60 million]
of which 100%
was Turkey).
Sales Analysis.
Paramount Resources Ltd reported sales of C$851.56 million (US$626.61 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 5.0%
versus 2018, when the company's sales were C$896.29 million.
Contributing to the drop in overall sales was the 62.0% decline
in Royalty and Sulphur Income, from C$15.84 million to C$6.02 million.
There were also decreases in sales in
Natural Gas (down 2.3% to C$261.01 million)
and
Other Natural Gas Liquids (down 54.5% to C$37.65 million)
.
However, these declines were partially offset by the increase in sales of
Condensate and Oil (up 1.7% to C$610.20 million)
.