Paramount Resources falls after flagging 2025 capex at low end of guidance

Shares of Canadian energy company Paramount Resources POU.TO plunge 2.2% to $24.01 in early trading

Co expects capex to come in at the low end of its guidance range for 2025 and Q4 production-to-date averaging above 45,000 barrels of oil equivalent per day (Boe/d)

Co also secures a $250 million delayed-draw term loan facility with Export Development Canada and extended the maturity date of its $500 million senior secured revolving bank credit facility

POU also sells its remaining shares in NuVista Energy NVA.TO, bringing cash and equivalents to about $800 million as of November 30

Including session's moves, POU down ~23% YTD