Crescent Point Energy reports $809.9-million third-quarter loss due to one-time charges

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Crescent Point says the loss amounted to $1.52 per share for the quarter ended Sept. 30, compared with a profit of $466.4-million or 82 cents per share a year earlier

reported a loss of $809.9-million in its latest quarter related to non-cash charges in connection with the planned sale of its U.S. assets.

On an adjusted basis, Crescent Point says its earnings from operations amounted to 59 cents per share, up from 43 cents per share in the same quarter last year.

 

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