Paramount Resources Ltd. is pleased to announce strong first quarter 2022 financial and operating results, the acceleration of development activities at Karr supporting increased production in 2023 and beyond and a highly complementary $40 million Duvernay acquisition in its Willesden Green core area. Paramount is also pleased to announce that it is increasing its regular monthly dividend from $0.08 per class A common [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.08 per Common Share that will be payable on April 29, 2022 to shareholders of record on April 14, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources Ltd. is pleased to report 2021 annual results that include record adjusted funds flow, continuing capital discipline, increased reserves with strong finding and development costs and recycle ratios and a 47% year-over-year reduction in net debt. Paramount is also pleased to announce that it is increasing its regular monthly dividend from $0.06 per share to $0.08 per share beginning March 2022 and [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on Feb 28, 2022 to shareholders of record on Feb 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on Jan 31, 2022 to shareholders of record on Jan 17, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
TORONTO, Dec. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021: S&P/TSX COMPOSITE INDEX - December 20, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Advantage Energy Ltd. Energy Oil & Gas Exploration & Production ADDED Baytex Energy Corp. Energy Oil & Gas Exploration [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on December 31, 2021 to shareholders of record on Dec 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
CALGARY, AB, Nov. 4, 2021 /CNW/ - Paramount Resources Ltd. is pleased to announce strong third quarter 2021 financial and operating results, upwardly revised 2021 guidance and its approved 2022 capital expenditure budget that is forecast to generate approximately $455 million in free cash flow in 2022 on production of between 90,000 Boe/d and 94,000 Boe/d . The Company is also pleased to announce a tripling of its regular [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.02 per Common Share that will be payable on Oct 29, 2021 to shareholders of record on Oc 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.02 per Common Share that will be payable on Sept 30, 2021 to shareholders of record on September 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops [...]
HIGHLIGHTS Sales volumes averaged 79,995 Boe/d in the second quarter of 2021, ahead of the Company's guidance of 77,000 Boe/d to 78,000 Boe/d , driven by continued outperformance at Karr. Sales volumes at Karr averaged 38,679 Boe/d in the second quarter, ahead of expectations and approximately 5,500 Boe/d higher than first quarter production, despite a seven-day scheduled curtailment at the third-party 6-18 facility in [...]
Paramount Resources Ltd. is pleased to announce the implementation of a monthly dividend program with respect to its class A common shares . The Board of Directors has declared an inaugural cash dividend of $0.02 per Common Share that will be payable on July 30, 2021 to shareholders of record on July 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. While the Company [...]