Crescent Point cuts capital spending and dividend, lowers production guidance

over 4 years in brandonsun

CALGARY - Crescent Point Energy Corp. is cutting its capital spending plan by about 35 per cent and slashing is dividend due the recent drop in commodity prices.

The company says its now plans $700 million to $800 million in capital spending.

That's compared with earlier capital spending plans

Mentioned in this news
Share it on