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CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.
The Calgary-based company raised its 2021 production guidance after swinging to a $2.14-billion profit in the second quarter. Crescent Point says it earned $3.65 per diluted share in the quarter, compared with a loss of 27 cents per share or $145.1 million a year earlier.
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