April 20 (Reuters) - Crescent Point Energy Corp CPG.TO :
* CRESCENT POINT ENERGY CORP - LOWERING 2020 CAPITAL EXPENDITURES GUIDANCE BY $75 MILLION, OR 10 PERCENT, WITH NO ASSOCIATED IMPACT TO PRODUCTION
* CRESCENT POINT ENERGY CORP - REDUCED SALARIES FOR EXECUTIVE TEAM AND BOARD
* CRESCENT POINT ENERGY CORP - REDUCING 2020 OPERATING EXPENSES BY $140 MILLION
* CRESCENT POINT ENERGY CORP - LOWERING ANNUAL PRODUCTION GUIDANCE BY 15 PERCENT, PRIMARILY DUE TO VOLUNTARY SHUT-IN OF HIGHER COST PRODUCTION
* CRESCENT POINT ENERGY - DUE TO SHIFT IN SCHEDULED TIMING OF CAPITAL PROGRAM, ABOUT 65% OF REMAINING 2020 BUDGET IS EXPECTED DURING Q4
* CRESCENT POINT ENERGY CORP - ANNUAL AVERAGE PRODUCTION IS NOW FORECAST TO BE 110,000 TO 114,000 BOE/D FOR 2020
* CRESCENT POINT ENERGY - VOLUNTARILY SHUTTING-IN ABOUT 25,000 BOE/D OF ITS CURRENT PRODUCTION, OF WHICH ABOUT 70% IS OIL
* CRESCENT POINT ENERGY CORP - HAS OVER 65% OF REVISED OIL PRODUCTION GUIDANCE HEDGED FOR REMAINDER OF YEAR
* CRESCENT POINT ENERGY CORP - FORECASTS HEDGING GAINS OF ABOUT $330 MILLION IN 2020 BASED ON CURRENT STRIP PRICES