- Crescent Point Energy press release (NYSE:CPG): Q1 adjusted funds flow totaled C$568.2 million during first quarter 2024, or C$0.91 per share diluted, driven by a strong operating netback of C$36.60 per boe.
- Net loss of C$411.7 million for the quarter ended March 31, 2024, primarily driven by a non-cash impairment charge recorded on classifying its non-core Saskatchewan assets as held for sale, prior to the recently announced disposition. Excluding these non-cash charges, the Company reported adjusted net earnings from operations of C$187.0 million.
- Oil and Gas Sales of C$1.1B (+44.4% Y/Y).
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