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:
Dawson Geophysical Co
of UNITED STATES
(2020
sales of $86.10 million
of which 100%
was acquiring and processing seismic data),
TAG Oil Limited
(16.45 million Canadian Dollars [US$13.04 million]
of which 100%
was Petrolium Exploration and Production), and
Ion Geophysical Corporation
which is
based in UNITED STATES
($122.67 million
of which 75%
was E&P Technology & Services).
Sales Analysis.
Paramount Resources Ltd reported sales of C$594.72 million (US$471.62 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 30.2%
versus 2019, when the company's sales were C$851.56 million.
Contributing to the drop in overall sales was the 37.1% decline
in Condensate and Oil, from C$610.20 million to C$383.75 million.
There were also decreases in sales in
Natural Gas (down 21.5% to C$204.95 million)
and
Other Natural Gas Liquids (down 34.3% to C$24.75 million)
.
However, these declines were partially offset by the increase in sales of
Royalty and Sulphur Income (up 109.3% to C$12.60 million)
.