Crescent Point: Q4 Earnings Snapshot

Associated Press Finance
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CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Crescent Point Energy Corp. (CPG) on Thursday reported net income of $698.7 million in its fourth quarter.

The Calgary, Alberta-based company said it had net income of $1.25 per share. Earnings, adjusted to account for discontinued operations and non-recurring gains, were 27 cents per share.

The oil producer posted revenue of $695.4 million in the period. Its adjusted revenue was $743.7 million.

For the year, the company reported profit of $422.4 million, or 77 cents per share. Revenue was reported as $3.05 billion.

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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

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