Crescent Point Announces Q1 2024 Results
Crescent Point Energy Corporation Ordinary Shares (Canada) (CPG)
Last crescent point energy corporation ordinary shares (canada) earnings: 3/5 06:30 am
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Source: PR Newswire
CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2024.KEY HIGHLIGHTS Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter.Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders.Successfully integrated recently acquired Alberta Montney assets, bringing 18 Montney wells on stream year-to-date.Entered into agreement to dispose of non-core assets in Saskatchewan for $600 million, as previously announced.Expect pro forma excess cash flow of $875 million at US$80/bbl WTI in 2024, with 60 percent returned to shareholders."We are off to a great start this year, extending our track record of operational execution with strong first quarter results," said Craig Bryksa, President and CEO of Crescent Point. "We will build o
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Earnings
- 5/10/24 - Beat
CPG
Sec Filings
- 5/10/24 - Form 6-K
- 5/10/24 - Form 6-K
- 5/10/24 - Form 6-K
- CPG's page on the SEC website