Crescent Point Energy (CPG) remains on track to generate a substantial amount of positive cash flow in 2019. Mid-to-high $50s WTI oil (and a $7 oil differential) would allow it to generate over $400 million in positive cash flow before dividends.
The issue of differentials should continue to be monitored since that could have a significant impact on Crescent Point Energy's results. Canadian differentials have improved after Alberta announced oil production curtailments late in 2019, and it has been trying to ease the curtailments gradually to keep prices supported.
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