25.20000 CAD
0.14
0.56%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
24.64000
25.47500
Previous close
25.059999
Open
25.25
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Paramount Resources Ltd.
25.20
0.14
0.56%

Overview

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Description

Paramount Resources Ltd. is a Canadian energy company primarily engaged in exploring, developing, and producing natural gas and crude oil resources. Operating in the hydrocarbon sector, the company's focus spans significant fields across Western Canada, including the Montney and Duvernay formations, renowned for their rich deposits. Paramount Resources employs advanced extraction and production technology to efficiently harness these energy resources, contributing to both domestic energy supply and broader market dynamics. Its strategic asset base and diversified portfolio enable the company to adapt to varying commodity price environments, enhancing its resilience in the volatile energy markets. Paramount Resources plays a vital role in supporting the energy infrastructure and economic well-being of the regions it operates in, while navigating the transitions towards more sustainable practices within the industry.

About

CEO
Mr. James H. T. Riddell BSc, MSc (Geology)
Employees
566
Address
888 – 3rd Street SW
Suite 4700
Calgary, T2P 5C5, AB
Canada
Phone
403-290-3600
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
Canada
MIC code
XTSE
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