Skip to main content November 2019 Corporate Presentation – Crescent Point Energy Corp. | Shale Experts
Loading...
Pm

November 2019 Corporate Presentation – Crescent Point Energy Corp.

Crescent Point Energy Corp. · Nov 18, 2019 · 22 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. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 1
    CORPORATE PRESENTATION November 2019 Corporate Presentation CRESCENT POINT CRESCENT POINT
  2. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 2
    Executing on Corporate Deliverables Accomplishments Actions CORPORATE PRESENTATION FOCUSING ASSET BASE Executed 1.45B of dispositions YTD 2019 REDUCING NET DEBT Net debt reduction of 40% expected since the beginning of…
  3. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 3
    Monetization of Gas Infrastructure Assets On Nov. 14, 2019, CPG announced the sale of certain associated gas infrastructure assets in Saskatchewan for 500MM CORPORATE PRESENTATION Unlocks Shareholder Value and Strengthens Balance…
  4. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 4
    Dispositions Executed in 2019 Enhance Sustainability CORPORATE PRESENTATION 1.45B of Dispositions (YTD 2019) Benefits to Crescent Point: Other SE Unlocks shareholder value Saskatchewan Enhances efficiencies Infrastructure…
  5. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 5
    Balance Sheet Strength CORPORATE PRESENTATION Expect to reduce net debt by 40% since year-end 2018 1.6B of Liquidity 2.5B Covenant-based credit facilities and senior notes of Liquidity Recently renewed credit facilities for…
  6. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 6
    Internal Efficiencies: Improving Cost Structure CORPORATE PRESENTATION 10% 7% Future Cost Savings: Workflow optimization Field automation Reduced downtime 10% Focused asset base CRESCENT POINT Capital Cost Operating Cost…
  7. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 7
    Execution Resulting in Increased Sustainability 2020E Netback (/boe) 2020E D/CF 40 3.0x Strong assets driving CORPORATE PRESENTATION top-tier netbacks Continue to enhance 30 sustainability and balance 2.0x sheet strength 20…
  8. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 8
    Disciplined Capital Allocation & Share Repurchases CORPORATE PRESENTATION Disciplined Capital Allocation Share Repurchases 3.13B Total 125MM budgeted in 2019 1.88B Repurchased 16.3MM shares for 83MM YTD Debt Reduction, Share…
  9. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 9
    Focusing our Asset Base with Key Criteria CORPORATE PRESENTATION Returns AB Scalability SK East Shale Duvernay CRESCENT POINT Shaunavon Viewfield Flat Lake Free Cash Flow ND Key Focus Areas Early-stage…
  10. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 10
    Commodity Hedging Strategy 80,000 100 CORPORATE PRESENTATION Weighted Avg. Hedge Price Oil Hedge Volume (bbl/d) 90 60,000 49% 46% (CDN/bbl) 80 37% 34% 40,000 70 26% 60 20,000 50 - 40 CRESCENT POINT Q4…
  11. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 11
    CRESCENT POINT CORPORATE PRESENTATION Appendix October 2018
  12. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 12
    Capital Markets Summary and 2019 Guidance CORPORATE PRESENTATION Capital Markets Summary CPG (TSX and NYSE) 2019 Guidance Trading Price (Nov. 12, 2019) C5.24 (TSX), US3.96 (NYSE) Capital Expenditures 1,225 - 1,275 ( millions)…
  13. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 13
    Commitment to Environmental, Social and Governance (ESG) Performance CORPORATE PRESENTATION Environment Investment in infrastructure resulted in 12% Emissions reductions decrease in absolute emissions in 2018 EH&S Committee of…
  14. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 14
    Viewfield Decline Rates Total Viewfield: 25% 4 Original Waterflood Units: 20% with significantly Significant free cash flow generation lower decline rates in more advanced units CORPORATE PRESENTATION Infill economics within top…
  15. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 15
    Shaunavon Low-risk, high-return drilling inventory with reserves upside CORPORATE PRESENTATION Low operating costs with established infrastructure Free cash flow positive at current strip prices Consistent implementation of…
  16. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 16
    Flat Lake Free cash flow positive at current strip prices CORPORATE PRESENTATION Opportunity to enhance efficiencies and returns by utilizing new facilities, pad drilling, longer laterals and reducing costs Increasing 2-mile…
  17. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 17
    Early-Stage Play: East Shale Duvernay CORPORATE PRESENTATION Bigoray Land base strategically located within oil window based on thicker pay, higher pressure, depth and maturity Encouraging initial results Targeting…
  18. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 18
    Senior Note Debt Maturities No material near-term senior note debt maturities CORPORATE PRESENTATION Significant liquidity of 2.5B (estimated post closing of infrastructure monetization) No foreign exchange risk as 100% of US…
  19. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 19
    Consistent Advancement of Decline Rate Mitigation Consistent Advancement of Waterflood Programs CORPORATE PRESENTATION ( of well conversions per year) 175 - 200 Benefits Increases production, reserves, recovery factor Low F&D…
  20. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 20
    Canadian Market Access and CPG Pricing Advantage CORPORATE PRESENTATION Corporate Oil Production Breakdown by Pricing Stream UHC 16% (US) MSW 12% Shaunavon Cromer Viewfield Clearbrook & Flat Lake Superior CRESCENT…
  21. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 21
    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 &…
  22. November 2019 Corporate Presentation – Crescent Point Energy Corp. – slide 22
    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…

From the store

Browse maps, data & reports in the Shale Experts store