Crescent Point Energy (CPG) Tops Q1 EPS by 18c
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Crescent Point Announces Q1 2021 Results
May 12, 2021 6:30 AM EDTCALGARY, AB, May 12, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:Â CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2021.
KEY HIGHLIGHTSÂ
Reduced net debt by over $135 million in first quarter, driven by continued excess cash flow generation. Successfully closed accretive acquisition of Kaybob Duvernay assets, further enhancing free cash flow profile. Expect to generate significant excess cash flow of approximately $525 to $650 million in 2021 at US$55/bbl to US$65/bbl WTI. Increased... More