Jan 15 (Reuters) - Crescent Point Energy Corp CPG.TO :
* CRESCENT POINT ANNOUNCES 2019 BUDGET AND QUARTERLY DIVIDEND
* CRESCENT POINT ENERGY CORP - 2019 CAPITAL BUDGET OF $1.20 TO $1.30 BILLION
* CRESCENT POINT ENERGY CORP - BOARD HAS ALSO APPROVED A MOVE TO A QUARTERLY CASH DIVIDEND OF CDN$0.01 PER SHARE
* CRESCENT POINT ENERGY CORP - APPROVED A SHARE REPURCHASE PROGRAM
* CRESCENT POINT ENERGY CORP - MAINTAINING 2019 ANNUAL AVERAGE PRODUCTION AT 170,000 TO 174,000 BOE/D, NET OF DISPOSITIONS EXECUTED IN 2018
* CRESCENT POINT ENERGY - "GIVEN THE SIGNIFICANT DECLINE & VOLATILITY IN COMMODITY PRICES", CO HAS REDUCED 2019 CAPITAL BUDGET BY ABOUT $500 MILLION
* CRESCENT POINT ENERGY - ON TRACK TO MEET 2018 GUIDANCE WITH CAPITAL EXPENDITURES APPROXIMATELY $35 MILLION BELOW BUDGET
* CRESCENT POINT ENERGY - IS CURRENTLY EXPLORING FURTHER DISPOSITION OPPORTUNITIES, INCLUDING CERTAIN UPSTREAM AND INFRASTRUCTURE ASSETS
* CRESCENT POINT ENERGY - WILL PURSUE APPROVAL FROM TSX FOR A NORMAL COURSE ISSUER BID TO ACQUIRE UP TO SEVEN PERCENT OF ITS PUBLIC FLOAT
* CRESCENT POINT ENERGY CORP - "BASED ON OUR CURRENT SHARE PRICE, WE BELIEVE SHARE REPURCHASES ARE A MORE ACCRETIVE FORM OF RETURNING CAPITAL"
* CRESCENT POINT ENERGY CORP - "WILL REVISIT POTENTIAL DIVIDEND INCREASES OVER TIME IN A SUSTAINABLE MANNER"
* CRESCENT POINT ENERGY - NCIB EXPECTED TO BE FUNDED WITHIN ADJUSTED FUNDS FLOW, INCLUDING PART OF FUNDS PREVIOUSLY DIRECTED TO CO'S MONTHLY DIVIDEND PAYMENT
* CRESCENT POINT ENERGY CORP - 2019 CAPITAL SPENDING GUIDANCE EXCLUDES ANY POTENTIAL EXPENDITURES ON LAND
* CRESCENT POINT ENERGY CORP - PLANS TO CONVERT ABOUT 145 PRODUCING WELLS TO WATER INJECTION WELLS IN 2019