Paramount Resources (PRMRF) Misses Q2 Earnings and Revenue Estimates

Core Viewpoint - Paramount Resources reported quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.12 per share, representing an earnings surprise of -83.33% compared to $0.42 per share a year ago [1][2] Financial Performance - The company posted revenues of $91.93 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 3.87%, and down from $324.22 million year-over-year [2] - Over the last four quarters, Paramount Resources has not surpassed consensus EPS estimates and has topped consensus revenue estimates only twice [2] Stock Performance - Shares of Paramount Resources have declined approximately 28.5% since the beginning of the year, contrasting with the S&P 500's gain of 8.3% [3] - The company's current Zacks Rank is 2 (Buy), indicating expectations of outperforming the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $100.74 million, and for the current fiscal year, it is $6.99 on revenues of $502.44 million [7] - The outlook for the industry, specifically the Oil and Gas - Exploration and Production - Canadian sector, is in the top 37% of Zacks industries, suggesting a favorable environment for stock performance [8]