CALGARY, Alberta (AP) _ Paramount Resources Ltd. (PRMRF) on Wednesday reported a loss of $65.1 million in its first quarter.

The Calgary, Alberta-based company said it had a loss of 49 cents per share. Losses, adjusted for non-recurring costs, came to 26 cents per share.

The oil and natural gas company posted revenue of $221 million in the period.

Paramount Resources shares have more than doubled since the beginning of the year. The stock has increased sevenfold in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRMRF at https://www.zacks.com/ap/PRMRF