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Paramount Resources Ltd. Announces First Quarter 2024 Results and 20% Dividend Increase

Newswire.ca - Thu May 2, 6:00AM CDT

CALGARY, AB, May 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce its first quarter 2024 financial and operating results, highlighted by strong contributions from its Duvernay developments at Kaybob North and Willesden Green. The Company is also pleased to announce that it is increasing its regular monthly dividend by 20% from $0.125 per class A common share ("Common Share") to $0.15 per Common Share beginning May 2024.

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