Paramount Resources reports Q3 cash from operating activities of $154 million
Bitget2026/11/05 11:02- Paramount Resources recorded a $512 million pretax impairment charge related to its Kaybob properties at September 30, 2026.
- Third-quarter cash from operating activities totaled $154 million, while sales volumes averaged 55,742 Boe/d.
- The company agreed to sell its Kaybob properties for $341 million, retaining a 49% equity stake in buyer Outwest Energy.
- Excluding Kaybob, 2027 guidance targets capital expenditures of $1.18 billion–$1.28 billion and average sales volumes of 46,000–50,000 Boe/d.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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