Paramount Resources Ltd

Common Name
Paramount Resources
Country
Canada
Sector
Energy
Industry
Oil & Gas E&P
Employees
566
Ticker
POU
Exchange
TORONTO STOCK EXCHANGE
Description
Paramount Resources Ltd. is a Canadian energy company primarily engaged in exploring, developing, and producing natural gas and crude oil resources. Operating in the hydrocarbon sector, the company's ...

Paramount Resources's GHG Emissions Data Preview

In 2024, Paramount Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Paramount Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Paramount Resources’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Paramount Resources’s data sources below and access millions more through our Disclosure Search.

a. Paramount Resources's ESG Report 2025
a. Paramount Resources's ESG Report 2025
b. Paramount Resources's ESG Report 2024
b. Paramount Resources's ESG Report 2024

Insights into Paramount Resources's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Paramount Resources amounted to 577,656 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Paramount Resources increased by 12.45%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Paramount Resources's Scope 1 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e-13%-14%+15%-5%+14%
  • Total Scope 1
  • Year-over-Year Change

What are Paramount Resources's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Paramount Resources were 524,527 metric tons of CO₂ equivalent (tCO₂e). a

Has Paramount Resources reduced its Scope 1 emissions over time?

Since 2019, Paramount Resources's Scope 1 emissions have decreased by 7.04%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Paramount Resources's Scope 1 emissions increased by 13.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Paramount Resources's Scope 2 emissions?

In 2024, Paramount Resources reported Scope 2 greenhouse gas (GHG) emissions of 53,129 tCO₂e without specifying the calculation method. a

Has Paramount Resources reduced its Scope 2 emissions over time?

Since 2019, Paramount Resources's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 59.98%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Paramount Resources's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Paramount Resources 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Paramount Resources use for Scope 2 reporting?

In 2024, Paramount Resources reported its Scope 2 emissions using an unspecified methodology. a

Paramount Resources's Scope 2 Emissions Over Time

201920202021202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Paramount Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Paramount Resources reported Scope 1 greenhouse gas (GHG) emissions of 524,527 tCO₂e and total revenues of USD 1,444 millions. This translates into an emissions intensity of 363.19 tCO₂e per millions USD. a

Paramount Resources's Scope 1 Emissions Intensity Compared to Peers

502,000200,00020,000,0001,000,000,000Scope 1 Emissions (tCO2e)1005005,00020,000100,000Revenues (Millions of USD)OEnergeanYear: 2023Scope 1: 220,579 tCO2eRevenue: $M 1,420Scope 1 Intensity: 155.38 tCO2e/$MOOOriental EnergyYear: 2023Scope 1: 455,919 tCO2eRevenue: $M 3,816Scope 1 Intensity: 119.46 tCO2e/$MARC ResourcesYear: 2022Scope 1: 1,827,985 tCO2eRevenue: $M 7,278Scope 1 Intensity: 251.17 tCO2e/$MNuvista EnergyYear: 2023Scope 1: 319,098 tCO2eRevenue: $M 1,056Scope 1 Intensity: 302.16 tCO2e/$MMEG EnergyYear: 2023Scope 1: 2,382,468 tCO2eRevenue: $M 4,614Scope 1 Intensity: 516.30 tCO2e/$MTalos EnergyYear: 2023Scope 1: 897,885 tCO2eRevenue: $M 1,458Scope 1 Intensity: 615.88 tCO2e/$MWhitecap ResourcesYear: 2022Scope 1: 1,376,229 tCO2eRevenue: $M 3,532Scope 1 Intensity: 389.65 tCO2e/$MJapan Petroleum ExplorationYear: 2023Scope 1: 217,000 tCO2eRevenue: $M 2,526Scope 1 Intensity: 85.90 tCO2e/$MCanadian Natural ResourcesYear: 2022Scope 1: 23,243,129 tCO2eRevenue: $M 36,595Scope 1 Intensity: 635.14 tCO2e/$MPrioYear: 2024Scope 1: 824,731 tCO2eRevenue: $M 2,325Scope 1 Intensity: 354.80 tCO2e/$MTourmaline OilYear: 2022Scope 1: 2,933,544 tCO2eRevenue: $M 6,411Scope 1 Intensity: 457.55 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MVista EnergyYear: 2024Scope 1: 203,000,000 tCO2eRevenue: $M 30,856Scope 1 Intensity: 6,578.93 tCO2e/$MStrathcona ResourcesYear: 2023Scope 1: 3,434,357 tCO2eRevenue: $M 3,622Scope 1 Intensity: 948.29 tCO2e/$MPrairiesky RoyaltyYear: 2023Scope 1: 94 tCO2eRevenue: $M 388Scope 1 Intensity: 0.24 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MGran Tierra EnergyYear: 2023Scope 1: 273,975 tCO2eRevenue: $M 637Scope 1 Intensity: 430.13 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MExpand EnergyYear: 2023Scope 1: 799,373 tCO2eRevenue: $M 7,775Scope 1 Intensity: 102.81 tCO2e/$MParamount ResourcesYear: 2024Scope 1: 524,527 tCO2eRevenue: $M 1,444Scope 1 Intensity: 363.19 tCO2e/$M

How does Paramount Resources's GHG emissions intensity compare to its peers?

In 2024, Paramount Resources reported a Scope 1 emissions intensity of 363.19 tCO₂e per millions USD. Compared to the peer group median of 354.8 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Paramount Resources rank on GHG emissions intensity within its industry?

In 2024, Paramount Resources ranked 11 out of 19 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Paramount Resources is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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