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Paramount Resources: 1Q Earnings Snapshot

CALGARY, Alberta (AP) _ Paramount Resources Ltd. (PRMRF) on Wednesday reported a loss of $57.7 million in its first quarter.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 44 cents.

The oil and natural gas company posted revenue of $185.1 million in the period.

Paramount Resources shares have increased 17% since the beginning of the year. The stock has fallen 54% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRMRF at https://www.zacks.com/ap/PRMRF