Operator · Uinta Basin Play
Crescent Point Energy Corp.
75 articles mentioning Crescent Point Energy Corp. · Page 1 of 4
Crescent Point Energy Corporation First Quarter 2023 Results
Crescent Point Energy Corporation announced first quarter 2023 results. Highlights Closed the strategic acquisition of Alberta Montney assets, which includes 38,000 boe/d and over 20 years of premium inventory. Generated $153.4 million of excess cash flow...
Crescent Point Energy Second Quarter 2022 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended June 30, 2022. Key Highlights: Generated approximately $380 million of excess cash flow in second quarter, allowing for increased returns to shareholders....
Crescent Point Energy First Quarter 2022 Results
Crescent Point Energy Corp. reported its Q1 2022 results.. Highlights: Increasing quarterly dividend by over 40 percent to $0.065 per share, representing an annualized dividend of $0.26 per share. Repurchased approximately 13.5 million shares since December...
Crescent Point Energy Fourth Quarter, Full Year 2021 Results
Crescent Point Energy Corp. reported its operating and financial results for the year ended December 31, 2021 and increased share repurchases. Key Highlights: Generated over $785 million of excess cash flow in 2021 with capital expenditures...
Crescent Point Energy Ups 2022 Capex 44% YOY to ~$900 Million
Crescent Point Energy Corp. has detailed its formal 2022 capital expenditures budget and production guidance, as well as shareholder return and divident information. 2022 Overview - Capital Budget: $865 to $940 million ($825-900 million D&C capital)...
Crescent Point Energy Third Quarter 2021 Results
Crescent Point Energy Corp. reported its Q3 2021 resuls. Highlights: Generated over $180 million of excess cash flow, or over $580 million year-to-date, further enhancing balance sheet strength. Successfully commenced Kaybob Duvernay drilling program, with completions...
Crescent Point Unveils 2022 Plan; Budget Up 38% YOY, Production Flat
Crescent Point Energy Corp. has detailed its preliminary 2022 budget. Highlights: Preliminary 2022 outlook for production of 131,000 – 135,000 boe/d and development capital expenditures of $825 – $900 million. Expected excess cash flow generation of...
Crescent Point Energy Second Quarter 2021 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended June 30, 2021. Highlights: Successfully closed the acquisition of Kaybob Duvernay assets and disposition of southeast Saskatchewan conventional assets, both as previously...
Crescent Point Energy First Quarter 2021 Results
Crescent Point Energy Corp. reported its Q1 2021 results. Highlights: Reduced net debt by over $135 million in first quarter, driven by continued excess cash flow generation. Successfully closed accretive acquisition of Kaybob Duvernay assets, further...
Crescent Point Finalizes $900MM Deal for Shell's Duvernay Assets
Crescent Point Energy Corp. has finalized its $900MM acquisition of Shell Canada Energy's Kaybob Duvernay assets in Alberta. Based on 30,000 boe/d of production, the purchase price reflects an attractive Acquisition metric equating to less than...
Crescent Point Energy Fourth Quarter, Full Year 2020 Results
Crescent Point Energy Corp. reported its Q4/full year 2020 results. Highlights: Achieved annual average production ahead of 2020 guidance with capital expenditures under budget. Reduced net debt by over $615 million in 2020, driven by an...
Crescent Point To Cut Wells Drilled by 15% and Capex By 25% Y/Y
Crescent Point Energy Corp. has detailed its 2021 capital expenditures budget and production guidance. 2021 Plans 2021 Capex: $475 to $525 million 2021 Production Guidance: 108,000 to 112,000 boe/d Excess cash flow of approximately $150 to...
Crescent Point Ups 2020 Guidance as Production Resumes; Talks 2021 Outlook
Crescent Point Energy Corp. has reactivated production volumes previously shut-in and, as a result, revised its 2020 guidance along with a preliminary outlook for 2021. Highlights: Reactivated shut-in volumes, resulting in second half 2020 production increasing...
Crescent Point Energy Second Quarter 2020 Results
Crescent Point Energy Corp. reported its Q2 2020 results. Highlights: Capital expenditures trending to lower end of guidance due to expected well cost savings of over 10 percent in 2020. Enhanced financial flexibility with continued net...
Crescent Point Out of NYSE Compliance
Crescent Point Energy Corp. received notice that its common stock was not in compliance with the NYSE's continued listing standard requiring the average closing price of its common shares be at least US$1.00 over a consecutive...
Crescent Point Energy First Quarter 2020 Results
Crescent Point Energy Corp. reported its Q1 2020 results. Highlights: Successfully closed the sale of certain gas infrastructure assets for $500 million. Delivered $50 million of permanent operating expense savings, as previously announced. Recently announced $75...
Crescent Point Cuts Capex, Curtails Production 15%
Crescent Point Energy provided an update to its 2020 operating program KEY HIGHLIGHTS Lowering 2020 capital expenditures guidance by $75 million, or 10 percent, with no associated impact to production. Enhancing sustainability by reducing 2020 operating...
Crescent Point Cuts 2020 Spending by 35%; Will Drill Fewer Wells
Crescent Point Energy Corp. is lowering its 2020 capital spending by approximately 35% in response to the recent decline in commodity prices. Crescent Point's revised 2020 capital expenditures budget of $700 to $800 million is expected...
Crescent Point Energy Reports Fourth Quarter 2019 Results
Crescent Point Energy Corp. reported its operating and financial results for the year ended December 31, 2019. Highlights: Successfully completed 2019 program on budget, demonstrating strong operational execution and capital discipline. Reduced net debt by approximately...
Crescent Point Wraps Up Sale of Saskatchewan Gas Infrastructure Assets
Crescent Point Energy Corp. has successfully closed the previously announced sale of certain associated gas infrastructure assets in Saskatchewan for total cash consideration of $500 million. The Assets sold as part of this transaction include nine...