Skip to main content September 2018 Corporate Presentation – Crescent Point Energy Corp. | Shale Experts
Loading...
Pm

September 2018 Corporate Presentation – Crescent Point Energy Corp.

Crescent Point Energy Corp. · Sep 5, 2018 · 15 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 1
    September 5, 2018 Conference Call Strategy Update CRESCENT POINT
  2. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 2
    Appointment of CEO and Chairman of the Board CRESCENT POINT PRESENTATION TITLE Appointed Craig Bryksa as President & CEO Extensive knowledge of the Companys asset base and leadership experience Board Renewal Process Robert…
  3. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 3
    Strategy Review Process & Conclusions CORPORATE PRESENTATION Reviewed: (i) Asset Base (ii) Business Strategy (iii) Organizational Structure Objectives: (i) Balance Sheet Improvement (ii) Disciplined Capital Allocation (iii)…
  4. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 4
    Transition Plan to Create Shareholder Value CORPORATE PRESENTATION Reducing of Dispositions Operating Areas Focused Asset Base CRESCENT POINT Stronger Balance Sheet Decline Mitigation Cost Reductions Improved…
  5. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 5
    Criteria to Establish Focus Areas CORPORATE PRESENTATION Returns Scalability Risk-adjusted returns High-quality drilling inventory Full-cycle and half-cycle economics Original Oil in Place (OOIP) Well payout, NPV, P/I ratio, etc.…
  6. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 6
    Focused Asset Base CORPORATE PRESENTATION AB CRESCENT POINT SK East Shale Uinta Basin Duvernay UT Shaunavon Viewfield Flat Lake Key Focus Areas Emerging & Early-stage Resource Plays 7
  7. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 7
    Targeting Improved Balance Sheet Strength CORPORATE PRESENTATION Low-Cycle Dispositions Cost Reductions D/CF 2.0X and Enhanced FCF Upstream Assets Realigned Organizational Structure Multiple opportunities Workforce reduction…
  8. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 8
    Cost Reduction Initiatives CORPORATE PRESENTATION Organizational Restructuring and G&A Savings (Near Completion) Workforce Reduction - Reduced workforce by 17% - Expected annual savings of over 50 million Streamlined Executive…
  9. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 9
    Disciplined Capital Allocation Process CORPORATE PRESENTATION CONSISTENT LONG-TERM RISK-ADJUSTED CAPITAL & DECLINE DEVELOPMENT RETURNS ACTIVITY MITIGATION GOALS LEVELS CRESCENT POINT RISK-ADJUSTED CONSISTENT CAPITAL &…
  10. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 10
    Post Transition Plan Value Proposition CORPORATE PRESENTATION PRIOR TO TRANSITION TRANSITION PLAN POST TRANSITION Focus on volume growth Reducing of operating areas Focused asset base Acquisitions Upstream dispositions Stronger…
  11. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 11
    Free Cash Flow and Debt Adjusted Growth CORPORATE PRESENTATION Uses of Funds Flow Debt and Dividend Adjusted Growth Free Increased debt-adjusted Other Cash Free return-based growth Opportunities Flow Cash Additional return of…
  12. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 12
    Preliminary 2019 Guidance CORPORATE PRESENTATION Capital Expenditures 1.55 to 1.60 billion Annual Average Production 176,000 to 180,000 boe/d Drilling Capital Efficiency 23,900 / boe/d CRESCENT POINT Funds Flow Netback…
  13. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 13
    Transition Plan Deliverables CORPORATE PRESENTATION Crescent Point has established the following deliverables over the next 12 to 24 months FOCUS ASSET BASE WITH FEWER Dispose select upstream assets to focus asset base…
  14. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 14
    Definitions / Non-GAAP Financial Measures CORPORATE PRESENTATION Type Wells All type well information, including single-well economics presented herein has been prepared by qualified reserves evaluators in accordance with the COGE…
  15. September 2018 Corporate Presentation – Crescent Point Energy Corp. – slide 15
    CORPORATE PRESENTATION BANKER Bank of Nova Scotia AUDITOR PricewaterhouseCoopers LLP LEGAL COUNSEL Norton Rose Fulbright Canada LLP GLJ Petroleum Consultants Ltd. EVALUATION ENGINEERS Sproule Associates Limited CRESCENT…

From the store

Browse maps, data & reports in the Shale Experts store