Crescent Point Energy (CPG) Reports Q2 FFO of $0.91
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Crescent Point Announces Q2 2018 Results
July 26, 2018 6:30 AM EDTCALGARY, Alberta, July 26, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2018.
KEY HIGHLIGHTS
Reduced net debt in the quarter by over $390 million, driven by funds flow from operations in excess of capital expenditures and proceeds from recently announced dispositions of approximately $280 million.Renewed unsecured, covenant-based credit facilities totaling $3.6 billion, with maturity date extension to 2021.Appointed new senior... More