03:50 PM EST - Crescent Point Energy Corp. : announced its operating and financial results for the quarter ended March 31. Crescent Point generated record funds flow from operations of $400.9 million ($1.34 per share - diluted) in first quarter 2012, representing a 35 percent increase over first quarter 2011 funds flow from operations of $296.5 million ($1.10 per share - diluted). In first quarter 2012, the Company's netback increased by 11% to $51.88 per boe from $46.63 in first quarter 2011. Crescent Point Energy Corp.
shares T.CPG are trading up $1.65 at $42.57.