CALGARY, Alberta (AP) _ Paramount Resources Ltd. (PRMRF) on Wednesday reported a loss of $175.3 million in its first quarter.

The Calgary, Alberta-based company said it had a loss of $1.31 per share. Losses, adjusted for non-recurring costs, came to 78 cents per share.

The oil and natural gas company posted revenue of $128.3 million in the period.

The company's shares closed at $1.32. A year ago, they were trading at $6.79.

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

Automated Insights, source Associated Press News