Brief: Paramount Resources Q2 Net Income CAD 4.2 Million

Paramount Resources (Pre-Merger)

30/07/2025 12:00

Overview

Paramount Q2 sales volumes averaged 31,631 Boe/d, 46% liquids

Company revises 2025 sales volumes guidance upwards due to early Alhambra Plant start-up

Free cash flow was negative C$86 mln, but company maintains strong cash position

Outlook

Paramount revises 2025 sales volumes to 38,500-42,500 Boe/d

Company expects Q4 sales volumes of 42,000-45,000 Boe/d

Paramount anticipates 2025 exit rate over 45,000 Boe/d

Capital expenditure guidance unchanged at C$780-C$840 mln for 2025

Result Drivers

DUVERNAY PRODUCTION - Duvernay production accounted for 56% of total sales volumes, driving sales in Central Alberta

CAPITAL EXPENDITURES - Significant investment in drilling and completing Duvernay wells to enhance future production

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
C$4.20 mln
Q2 Free Cash Flow
-C$85.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

Wall Street's median 12-month price target for Paramount Resources Ltd is C$24.50, about 11% above its July 29 closing price of C$21.80

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 4 three months ago

Press Release: ID:nCNW3vB82a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)