Crescent Point Energy (CPG) Reports Q3 EPS of $0.15

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Crescent Point Announces Q3 2018 Results

October 25, 2018 6:30 AM EDT

CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. (Crescent Point or the Company) (TSX and NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2018.

KEY HIGHLIGHTS

Announced updated strategy and transition plan on September 5, 2018, with a goal of becoming a more focused and efficient company with a stronger balance sheet.Completed previously announced organizational restructuring, resulting in approximately $50 million of annual cost savings.Strong third quarter production with current operations on track to meet or exceed 2018 guidance within capital... More