Crescent Point Energy's quarterly loss narrows as costs fall

Thu Aug 11, 2016 6:36am EDT
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Aug 11 (Reuters) - Crescent Point Energy Corp reported a smaller quarterly loss as the Canadian oil and gas producer cut costs.

The company's net loss narrowed to C$226.1 million ($173.4 million), or 45 Canadian cents per share, in the second quarter ended June 30 from C$240.5 million, or 53 Canadian cents per share, a year earlier. ($1 = C$1.30) (Reporting by Anet Josline Pinto in Bengaluru; Editing by Kirti Pandey)