12:33 PM EST - Paramount Resources Ltd : Reports first-quarter 2019 results. Adjusted funds flow increased 121% to $100.5 million ($0.77 per share) in the first quarter of 2019 compared to $45.5 million ($0.35 per share) in the prior quarter. Paramount's netback increased 61 percent to $115.7 million in the first quarter of 2019 compared to $72.0 million in the fourth quarter of 2018, mainly due to a 26% average increase in realized prices.
Paramount Resources Ltd
shares T.POU are trading down $0.03 at $8.38.
