12:33 PM EST - Paramount Resources Ltd. : announced that its fourth quarter funds from operations were $26.1 million or $0.38 per share, compared to funds from operations of $48.9 million or $0.72 per share in the same quarter last year. Net loss for the quarter was $159.6 million or $2.32 per share, compared to net income of $37.8 million or $0.56 per share in the same quarter prior year. Sales for the quarter declined to $73.1 million, from $115.1 million in the same quarter previous year. Paramount Resources Ltd.
shares T.POU are trading up 5 cents at $16.50.
