11:56 AM EST - Crescent Point Energy Corp. : Announced its operating and financial results for the quarter ended June 30, 2018. Funds flow from operations totaled $500.3 million, or $0.91 per share diluted, based on an operating netback of $40.74 per boe. Funds flow from operations was partially impacted by $13.5 million of incremental severance costs. Total capital expenditures during second quarter were $313.6 million. The Company spent $238.6 million on drilling and development activities, drilling 54 (36.0 net) wells, $62.6 million on facilities and seismic and $12.4 million on land. Crescent Point Energy Corp.
shares T.CPG are trading down $0.34 at $9.32.
