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Paramount Resources: 3Q Earnings Snapshot

CALGARY, Alberta (AP) _ Paramount Resources Ltd. (PRMRF) on Thursday reported a third-quarter loss of $17.9 million, after reporting a profit in the same period a year earlier.

The Calgary, Alberta-based company said it had a loss of 14 cents per share. Losses, adjusted for non-recurring gains, came to 29 cents per share.

The oil and natural gas company posted revenue of $190.2 million in the period.

Paramount Resources shares have declined 53 percent since the beginning of the year. The stock has dropped 61 percent 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