Investing.com - Crescent Point Energy (TSX:CPG) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of C$0.58 on revenue of C$1.34B. Analysts polled by Investing.com anticipated EPS of C$0.5221 on revenue of C$1.02B. .
Crescent Point Energy shares lost 100.00% to trade at C$9.42 in pre-market trade following the report.
For the year, Crescent Point Energy shares are up 7.79%, outperforming the FTSE 100 which is down 0.31% year to date.
Crescent Point Energy follows other major Energy sector earnings this month
On Monday, July 18, 2022, PrairieSky Royalty reported second quarter EPS of C$0.46 on revenue of C$198.1M, compared to forecasts of EPS of C$0.3812 on revenue of C$61.00M.
Topaz earnings beat analyst's expectations on Wednesday, with second quarter EPS of C$0.34 on revenue of C$110.98M. Investing.com analysts expected EPS of C$0.2427 on revenue of C$106.8M
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