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BRIEF-Crescent Point Qtrly Loss Per Share $0.30

Published 2018-07-26, 06:53 a/m
BRIEF-Crescent Point Qtrly Loss Per Share $0.30
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July 26 (Reuters) - Crescent Point Energy Corp CPG.TO :

* CRESCENT POINT ANNOUNCES Q2 2018 RESULTS

* CRESCENT POINT ENERGY CORP - Q2 PRODUCTION AVERAGED 181,818 BOE/D, COMPRISED OF ABOUT 90 PERCENT OIL AND LIQUIDS

* CRESCENT POINT ENERGY CORP - CONTINUES ITS FORMAL REVIEW PROCESS WITH RESPECT TO APPOINTMENT OF CRESCENT POINT'S PRESIDENT AND CEO

* CRESCENT POINT ENERGY CORP - TOTAL CAPITAL EXPENDITURES DURING QUARTER WAS $313.6 MILLION

* CRESCENT POINT ENERGY CORP - NEW TEAM IS CONDUCTING AN ONGOING COMPREHENSIVE REVIEW OF ITS ASSET BASE, BUSINESS STRATEGY AND ORGANIZATIONAL STRUCTURE

* CRESCENT POINT ENERGY CORP - A PORTION OF CAPITAL EXPENDITURES PREVIOUSLY PLANNED FOR Q3 2018 HAS BEEN MOVED TO LATER IN YEAR

* CRESCENT POINT-PRODUCTION VOLUMES THAT WERE PREVIOUSLY BUDGETED TO COME ON STREAM EARLIER IN H2 NOW EXPECTED TO COME ON LINE LATER IN YEAR OR IN Q1 2019

* CRESCENT POINT ENERGY CORP - QTRLY LOSS PER SHARE $0.30

* CRESCENT POINT ENERGY CORP - ADJUSTING ITS 2018 ANNUAL AVERAGE PRODUCTION GUIDANCE BY APPROXIMATELY TWO PERCENT TO 177,000 BOE/D FROM 181,000 BOE/D

* CRESCENT POINT ENERGY CORP - QTRLY ADJUSTED EARNINGS PER SHARE $0.19

* CRESCENT POINT ENERGY CORP - REAFFIRMS ITS ANNUAL CAPITAL EXPENDITURES GUIDANCE AT $1.775 BILLION

* CRESCENT POINT ENERGY CORP - QTRLY FUNDS FLOW FROM OPERATIONS WAS $0.91 PER SHARE DILUTED

* CRESCENT POINT ENERGY - FUNDS FLOW FROM OPERATIONS PARTIALLY IMPACTED BY $13.5 MILLION OF INCREMENTAL SEVERANCE COSTS IN QUARTER

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