Crescent Point Energy (CPG) Tops Q4 EPS by 5c
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Crescent Point Announces 2018 Results and Reserves
March 7, 2019 6:30 AM ESTCALGARY, March 7, 2019 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased to announce its operating and financial results for the year ended December 31, 2018.
KEY HIGHLIGHTS
Over $400 million of excess cash flow expected to be available in 2019 for net debt repayment and additional share repurchases based on current strip prices. This amount excludes proceeds from any additional dispositions. Strong capital discipline with 2018 capital expenditures $38 million under budget and annual production ahead of guidance. Executed over $355 million of dispositions... More