Paramount Resources Ltd. reported earnings results for the third quarter and nine months ended September 30, 2025. For the third quarter, the company reported revenue was CAD 187.3 million compared to CAD 470.5 million a year ago. Net loss was CAD 2.3 million compared to net income of CAD 95.8 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to basic earnings per share from continuing operations of CAD 0.65 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to diluted earnings per share from continuing operations of CAD 0.64 a year ago.
For the nine months, revenue was CAD 744.8 million compared to CAD 1,402.4 million a year ago. Net income was CAD 1,290.6 million compared to CAD 248.5 million a year ago. Basic earnings per share from continuing operations was CAD 8.98 compared to CAD 1.71 a year ago. Diluted earnings per share from continuing operations was CAD 8.81 compared to CAD 1.67 a year ago.