CPG - Crescent Point Energy reports Q4 GAAP EPS of C$0.38

March, 02 2023 06:34 AM Crescent Point Energy Corporation

Crescent Point Energy press release ( NYSE: CPG ): Q4 GAAP EPS of C$0.38.
Generated significant excess cash flow of approximately C$1.2 billion, driven by a strong netback asset base.
Reduced net debt by approximately C$850 million, or over 40 percent.
Increased NAV per share by 30 to 35 percent across all categories and replaced 113 percent of 2022 production on a 2P basis.
The company expect to generate significant excess cash flow of approximately C$1.0 billion in 2023 at US$75/bbl WTI.

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Company Name:	Crescent Point Energy Corporation
Stock Symbol:	CPG
Market:	NYSE