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Crescent Point: Q1 Earnings Snapshot

Crescent Point: Q1 Earnings Snapshot

By AP News
Published - May 12, 2023, 07:48 AM ET
Last Updated - Jun 21, 2023, 08:12 PM EDT

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Crescent Point Energy Corp. (CPG) on Friday reported net income of $160.3 million in its first quarter.

On a per-share basis, the Calgary, Alberta-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring costs, came to 30 cents per share.

The oil producer posted revenue of $598.2 million in the period. Its adjusted revenue was $696.6 million.

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