Crescent Point Announces Q1 2021 Results

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Crescent Point Energy (CPG) Tops Q1 EPS by 18c

May 12, 2021 6:33 AM EDT

Crescent Point Energy (NYSE: CPG) reported Q1 EPS of $0.18, $0.18 better than the analyst estimate of $0.00.

"Our first quarter results continued to demonstrate our strong operational execution", said Craig Bryksa, President and CEO of Crescent Point. "Against the backdrop of a rising oil price environment, we have remained disciplined and focused on enhancing balance sheet strength and the sustainability of our business. The Kaybob Duvernay assets strengthen our expected free cash flow outlook, accelerate our deleveraging profile and improve our environmental performance, positioning our company to create significant value for our... More