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Leading Canadian conventional oil and gas producer Crescent Point Energy Corp. TSX:CPG NYSE:CPG recently reported a pretty solid second-quarter report, all things considered. While weak oil prices weighed on funds flow, which was down 31% year over year on a per-share basis, production was up 10%. However, as important as those numbers were, three metrics really stood
stanley becher out from its second-quarter report.Operat
stanley water bottle ing expenses were $40 million under budgetThe slump in the energy market drove the price Crescent Point realized for its oil and gas production down 20% and 43%, respectively, over last year s second quarter. However, the company was able to mute some of that
stanley thermoskannen impact through its cost-reduction initiatives. As a result of those cuts, the company s operating expenses totaled $331 million through the first half of the year, which was $40 million below budget.The company anticipates capturing additional cost savings in the second half of the year, though it does expect its聽costs to r
