CA - Crescent Point Energy GAAP EPS of C$0.82 revenue of C$1.1B

• Crescent Point Energy press release ( NYSE: CPG ): Q3 GAAP EPS of C$0.82.
• Revenue of C$1.1B (+33.1% Y/Y).
• Generated $233.7 million of excess cash flow in third quarter, driven by the Company's high netback asset base.
• Returning 50 percent of discretionary excess flow, in addition to the base dividend, to shareholders for third quarter 2022.
• Repurchased 8.2 million shares in third quarter and 3.0 million shares to-date in October 2022.
• Declared a special dividend of $0.035 per share, based on third quarter results, and a quarterly dividend of $0.08 per share.
• Disciplined 2023 guidance expected to generate $1.1 to $1.5 billion of excess cash flow at US$75/bbl to US$85/bbl WTI.
• Achieved another strong IP30 rate of 900 boe/d per well on a recent pad and acquired 80 net sections in Kaybob Duvernay.
• Shares +1.42% PM.

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