Impact: Positive. The Company posted solid quarterly results with both production and cash flow coming in ahead of FirstEnergy and consensus estimates, and ideally through less spending than anticipated. A subsequent planned non-core disposition and two tuck-in acquisitions in 2Q16, carrying a net cost of $212 mm remains well inside of quarterly free cash flow of $278 mm, further highlighting the Company's dedication to grow within organic means. The Company looks primed to meet or exceed cur
11 Aug 2016
ANNOUNCES Q2 2016 RESULTS
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
ANNOUNCES Q2 2016 RESULTS
Crescent Point Energy Corp. (0UR7:LON) | 0 0 (-1.0%) | Mkt Cap: 4,825m
- Published:
11 Aug 2016 -
Author:
Cody R. Kwong -
Pages:
3
Impact: Positive. The Company posted solid quarterly results with both production and cash flow coming in ahead of FirstEnergy and consensus estimates, and ideally through less spending than anticipated. A subsequent planned non-core disposition and two tuck-in acquisitions in 2Q16, carrying a net cost of $212 mm remains well inside of quarterly free cash flow of $278 mm, further highlighting the Company's dedication to grow within organic means. The Company looks primed to meet or exceed cur