May 12 (Reuters) - Crescent Point Energy Corp CPG.TO :
* CRESCENT POINT ANNOUNCES Q1 2021 RESULTS
* CRESCENT POINT ENERGY CORP - INCREASED TARGET FOR EMISSIONS INTENSITY REDUCTION TO 50 PERCENT BY 2025
* CRESCENT POINT ENERGY - EXPECT TO GENERATE SIGNIFICANT EXCESS CASH FLOW OF APPROXIMATELY $525 TO $650 MILLION IN 2021 AT US$55/BBL TO US$65/BBL WTI
* CRESCENT POINT ENERGY CORP - ADJUSTED FUNDS FLOW TOTALED $262.7 MILLION DURING Q1 2021, OR $0.49 PER SHARE DILUTED
* CRESCENT POINT ENERGY CORP - QTRLY EARNINGS PER SHARE $0.04
* CRESCENT POINT ENERGY CORP - AVERAGE PRODUCTION IN Q1 2021 WAS 119,384 BOE/D, COMPRISED OF OVER 90 PERCENT OIL AND LIQUIDS
* CRESCENT POINT ENERGY CORP - QTRLY ADJUSTED NET EARNINGS FROM OPERATIONS PER SHARE $0.18
* CRESCENT POINT ENERGY CORP - WILL ALSO EVALUATE RETURN OF ADDITIONAL CAPITAL TO SHAREHOLDERS
* CRESCENT POINT ENERGY CORP - ON TRACK TO MEET OR EXCEED ITS CURRENT ANNUAL AVERAGE PRODUCTION GUIDANCE OF 132,000 TO 136,000 BOE/D IN 2021
* CRESCENT POINT ENERGY CORP - EXPECTS TO CONVERT A TOTAL OF OVER 135 WELLS IN 2021 AS PART OF ITS WATERFLOOD PROGRAM.
* CRESCENT POINT ENERGY CORP - KEEPING DEVELOPMENT CAPITAL EXPENDITURES WITHIN PREVIOUSLY ANNOUNCED GUIDANCE RANGE OF $575 TO $625 MILLION IN 2021