CALGARY, AB, Nov. 3, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce third quarter 2022 financial and operating results highlighted by record production, funds flow and free cash flow and a 2023 capital expenditure budget that is forecast to generate approximately $650 million in free cash flow on production of between 105,000 Boe/d and 110,000 Boe/d (46% liquids).(1)(2) Paramount is also pleased to announce that it is increasing its regular monthly dividend by 25% from $0.10 per class A common share ("Common Share") to $0.125 per Common Share beginning November 2022.
Read more at newswire.caParamount Resources Ltd. Announces Record Third Quarter 2022 Results, 25% Dividend Increase, 2023 Budget and Five-Year Outlook
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