Paramount Resources Ltd. is a publicly traded Canadian energy company focused on liquids-rich natural gas exploration and development. Its ownership structure is composed of a mix of private companies, individual investors, and insiders, with significant stakes held by key shareholders.
Ownership Breakdown
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Private Companies: Private entities hold the largest share of Paramount Resources, owning 45% of the company's shares. This significant stake suggests that these entities, which may include related parties, have considerable influence over key decisions. Notable private company shareholders include Warner Investment Holdings Ltd. with 25% of shares, Treherne Resources Ltd. with 10%, and Universal Investment Holdings Ltd. with 10%6.
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Individual Investors: The general public, including retail investors, owns 40% of Paramount Resources. While this group does not have majority control, their collective stake can still impact company policies6.
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Insiders: Insiders, including board members and key executives, hold a meaningful portion of shares valued at approximately CA$50 million. Prominent individual shareholders include Jim Riddell, the President, CEO, and Chairman, with 24.39% of shares (36,072,279 shares), and Susan Riddell Rose, a board member, with 10.1% (14,936,167 shares). This insider ownership is generally viewed as a positive sign of alignment between management and shareholder interests36.
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Institutional Investors: Institutional investors also own a portion of the company, though specific percentages are not detailed in the available data. Their presence indicates some level of confidence from professional investment entities, though the stock is not heavily covered by analysts6.
Key Shareholders
The top five shareholders collectively own 51% of Paramount Resources, giving them significant influence over the company's direction. These include Warner Investment Holdings Ltd., Treherne Resources Ltd., Universal Investment Holdings Ltd., Jim Riddell, and Susan Riddell Rose6.
This ownership structure reflects a balance between private company control and public investment, with insiders playing a notable role in aligning interests with other shareholders. For further details on Paramount Resources' governance and financial performance, investors can refer to the company's official investor resources9.
- https://www.paramountres.com/about-us/
- https://en.wikipedia.org/wiki/Paramount_Resources
- https://ca.marketscreener.com/quote/stock/PARAMOUNT-RESOURCES-LTD-1411304/company/
- https://www.paramountres.com/about-us/our-history/
- https://www.newswire.ca/news-releases/paramount-resources-ltd-disposes-of-a-portion-of-its-investment-in-the-common-shares-of-nuvista-energy-ltd--883990735.html
- https://simplywall.st/stocks/ca/energy/tsx-pou/paramount-resources-shares/news/individual-investors-own-40-of-paramount-resources-ltd-tsepo
- https://paramount.mediaroom.com/2024-11-14-PARAMOUNT-RESOURCES-LTD-ANNOUNCES-3-325-BILLION-ASSET-SALE
- https://paramount.mediaroom.com/2024-04-12-Paramount-Resources-Ltd-Disposes-of-a-Portion-of-Its-Investment-in-the-Common-Shares-of-NuVista-Energy-Ltd
- https://www.paramountres.com/investors/
- https://www.paramountres.com
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