Paramount Resources Ltd ( (PRMRF) ) has released its Q2 earnings. Here is a breakdown of the information Paramount Resources Ltd presented to its investors.
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Paramount Resources Ltd., a Canadian energy company, focuses on the exploration and development of conventional and unconventional petroleum and natural gas, with key operations in Alberta and British Columbia.
In its second quarter of 2025, Paramount Resources reported significant developments, including the early start-up of its Alhambra Plant in Willesden Green, and an upward revision of its production guidance for the year. The company also declared a cash dividend for its shareholders.
Key financial highlights from the quarter include average sales volumes of 31,631 Boe/d, with 46% being liquids, and cash from operating activities amounting to $40 million. Paramount’s adjusted funds flow was $82 million, although it reported a negative free cash flow of $86 million. The company completed substantial construction work on the Alhambra Plant, which is expected to ramp up production in the coming quarters.
Paramount has revised its 2025 sales volumes guidance, now expecting annual sales volumes between 38,500 Boe/d and 42,500 Boe/d, with a year-end exit rate exceeding 45,000 Boe/d. The company maintains its capital expenditure guidance between $780 million and $840 million, reflecting its continued investment in strategic growth.
Looking ahead, Paramount Resources remains focused on increasing production through its new facilities and ongoing development projects. The management’s outlook suggests a positive trajectory for the company’s operational capabilities and financial performance in the latter half of 2025.