10:22 AM EST - Crescent Point Energy Corp. : Announced its 2019 budget. Key Highlights: Disciplined and returns focused 2019 capital budget of $1.20 to $1.30 billion; Maintaining annual average production at 170,000 to 174,000 boe/d, net of dispositions executed in 2018. The company also approved a share repurchase program given the Company's current share price versus its fundamental value. Excess cash flow to be allocated to debt reduction and share repurchases at a budgeted WTI oil price of $50.00 U.S./bbl. Crescent Point Energy Corp.
shares T.CPG are trading down $0.08 at $4.42.
