CALGARY, Alberta (AP) _ Paramount Resources Ltd. (PRMRF) on Thursday reported a loss of $448.8 million in its fourth quarter.
The Calgary, Alberta-based company said it had a loss of $4.23 per share. Losses, adjusted for asset impairment costs and pretax expenses, were 76 cents per share.
The oil and natural gas company posted revenue of $68.4 million in the period.
For the year, the company reported that its loss widened to $675.3 million, or $6.38 per share. Revenue was reported as $282.3 million.
Paramount Resources shares have risen 68
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRMRF at http://www.zacks.com/ap/PRMRF
Keywords: Paramount Resources, Earnings Report