Paramount Resources (TSX:POU) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $0.05 by 160 percent. This is a 105.08 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $259.800 million which beat the analyst consensus estimate of $189.000 million by 37.46 percent. This is a 49.01 percent decrease over sales of $509.500 million the same period last year.