Crescent Point: 2Q Earnings Snapshot
CALGARY, Alberta (AP) _ Crescent Point Energy Corp. (CPG) on Thursday reported second-quarter net income of $148.5 million, after reporting a loss in the same period a year earlier.
The Calgary, Alberta-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring gains, were 20 cents per share.
The oil producer posted revenue of $706.6 million in the period.
The company’s shares closed at $3.22. A year ago, they were trading at $7.24.