Crescent Point: 2Q Earnings Snapshot
Crescent Point: 2Q Earnings Snapshot
CALGARY, Alberta (AP) _ Crescent Point Energy Corp. (CPG) on Thursday reported a second-quarter loss of $128.2 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 23 cents. Earnings, adjusted for non-recurring costs, were 15 cents per share.
The oil producer posted revenue of $718.7 million in the period.
Crescent Point shares have fallen nearly 8 percent since the beginning of the year. The stock has declined slightly more than 9 percent in the last 12 months.
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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