Exploration & Production | Drilling & Completions | Top Story | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Hedging | Capital Markets | Capital Expenditure | Drilling Program
Crescent Point Using Sliding Sleeves at Viewfield, Shaunavon
Print
|
Crescent Point Energy Corp. has announced its operating and financial results for the year ended December 31, 2014.
Outlook For 2015, Crescent Point will continue to place a strong emphasis on prudent cost and risk management. Its strong balance sheet, combined with its world-class asset base, allows the Company to deliver on its business strategy, even during weak commodity price environments. The Company exited 2014 with a debt to annualized funds flow from operations ratio of 1.3 times, which is excellent given the current economic conditions. With approximately 56 percent of oil production hedged for 2015 at an average floor price of approximately CDN$89.00/bbl and 33 percent of its oil production for 2016 hedged at an average floor price of approximately CDN$84.00/bbl, the Company…- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…