Crescent Point Energy Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was CAD 810.5 million compared to CAD 717.5 million a year ago.

Net loss was CAD 411.7 million compared to net income of CAD 216.7 million a year ago. Basic loss per share from continuing operations was CAD 0.64 compared to basic earnings per share from continuing operations of CAD 0.33 a year ago. Diluted loss per share from continuing operations was CAD 0.64 compared to diluted earnings per share from continuing operations of CAD 0.33 a year ago.

Basic loss per share was CAD 0.66 compared to basic earnings per share of CAD 0.39 a year ago. Diluted loss per share was CAD 0.66 compared to diluted earnings per share of CAD 0.39 a year ago.