Paramount Resources initiated with a Market Perform at Raymond James

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Apr 07 2025

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Coverage Initiation: Raymond James has begun coverage of Paramount Resources with a Market Perform rating and a price target of C$20, as part of a broader analysis of eight natural gas-weighted producers in Western Canada.
Market Outlook: The firm identifies significant latent value in the sector but notes that Canada faces structural disadvantages due to its disconnection from global markets, suggesting that consolidation among companies may be necessary.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.