August 14th, 2020

Crescent Point: 2Q Earnings Snapshot


By The Associated Press on July 30, 2020.

CALGARY, Alberta (AP) _ Crescent Point Energy Corp. (CPG) on Thursday reported a second-quarter loss of $104.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 19 cents. Losses, adjusted for one-time gains and costs, came to 4 cents per share.

The oil producer posted revenue of $190.2 million in the period.

The company’s shares closed at $1.68. A year ago, they were trading at $3.11.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CPG at https://www.zacks.com/ap/CPG

Share this story:

6

Leave a Reply

You must be logged in to post a comment.