Crescent Point Energy (CPG) Reports Q1 EPS of Cdn$0.01
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Crescent Point Announces Q1 2019 Results
May 9, 2019 6:30 AM EDTCALGARY, May 9, 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 quarter ended March 31, 2019.
KEY HIGHLIGHTS
Increased cash flow in 2019 based on return-focused capital allocation, lower costs, higher commodity prices and improved oil differentials. Expect to generate approximately $600 million of excess cash flow in 2019 based on guidance at current strip prices. Annual production and capital expenditures guidance remains unchanged, demonstrating continued capital discipline. Continued... More