Crescent Point hit by one-time charge, reports $2.39 billion fourth-quarter loss

March 07, 2019 14:15 UTC

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Crescent Point hit by one-time charge, reports $2.39 billion fourth-quarter loss

CALGARY—Crescent Point Energy Corp. lost $2.39 billion in its latest quarter as the company took a one-time charge related to its plant and equipment. The oil and gas company says the loss amounted to $4.35 per share for the quarter ended Dec. 31 compared with a loss of $56.4 million or 10 cents per share a year earlier.

Source: thestar March 07, 2019 14:15 UTC

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