Paramount Resources Ltd. is pleased to announce its third quarter 2025 financial and operating results, the sanctioning of its Montney gas development at Sinclair and its 2026 capital expenditure budget and guidance. The Company is increasing its 2025 annual midpoint production guidance and also providing an outlook of planned production growth to over 100,000 Boe/d by the end of 2027. HIGHLIGHTS Third quarter sales [...]
Paramount Resources Ltd. is pleased to announce that it has closed its previously announced sale of 18.5 million common shares of NuVista Energy Ltd. The Company received aggregate cash proceeds of $296 million from the sale. Paramount is also pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on October 31, 2025 to shareholders of record on October [...]
This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. Paramount Resources Ltd. announces that it has sold 18,500,000 common shares of NuVista Energy Ltd. on September 21, 2025 by means of private agreement , with closing to occur on October 1, 2025. Paramount is receiving $16.00 per NuVista Share pursuant to the Transaction for aggregate cash [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on September 29, 2025 to shareholders of record on Sept 15, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for [...]
Paramount Resources is pleased to announce its second quarter 2025 financial and operating results, the ahead of schedule start-up of its new Alhambra Plant in Willesden Green and an increase in midpoint sales volumes guidance for 2025. HIGHLIGHTS Second quarter sales volumes averaged 31,631 Boe/d. Sales volumes from the Central Alberta Region, which includes Willesden Green, averaged 9,223 Boe/d. Kaybob Region sales [...]
Paramount Resources is pleased to announce that the Toronto Stock Exchange has accepted the Company's notice to renew its normal course issuer bid for its class A common shares. The renewal of the NCIB provides the Company with the continued flexibility to increase shareholder returns through the repurchase of Common Shares at times when management believes that the market price of the Common Shares does not reflect their [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on June 30, 2025 to shareholders of record on June 16, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and [...]
Paramount Resources Ltd. announces that the following nine director nominees were elected at today's annual general meeting of shareholders: VOTES FOR VOTES WITHHELD Number Number James Riddell 105,777,494 99.81 202,466 0.19 James Bell 97,178,857 91.70 8,801,103 8.30 Shane Fildes 103,794,439 97.94 2,185,521 2.06 Wilfred Gobert 105,642,431 99.68 337,529 0.32 Dirk Jungé 104,834,167 98.92 1,145,793 1.08 Kim Lynch Proctor [...]
Paramount Resources Ltd. is pleased to announce its first quarter 2025 financial and operating results and provide an update respecting its Sinclair Montney property. HIGHLIGHTS First quarter sales volumes averaged 54,409 Boe/d . Sales volumes from the Central Alberta Region, which includes Willesden Green, averaged 7,929 Boe/d . Kaybob Region sales volumes averaged 21,371 Boe/d . Sales volumes from the Karr and Wapiti [...]
Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on May 30, 2025 to shareholders of record on May 15, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on April 30, 2025 to shareholders of record on April 15, 2025. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for [...]
Paramount Resources Ltd. is pleased to announce its 2024 annual financial and operating results. RECENT EVENTS On January 31, 2025, Paramount closed the sale of its Karr, Wapiti and Zama properties to a wholly-owned subsidiary of Ovintiv Inc. for cash proceeds of approximately $3.3 billion, after adjustments, plus certain Horn River Basin properties of Ovintiv . The Company used a portion of the proceeds of the Grande [...]