Skip to main content December 2021 Corporate Presentation – Crescent Point Energy Corp. | Shale Experts
Loading...
Pm

December 2021 Corporate Presentation – Crescent Point Energy Corp.

Crescent Point Energy Corp. · Dec 1, 2021 · 32 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. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 1
    CORPORATE PRESENTATION December 2021 Corporate Presentation CRESCENT POINT CRESCENT POINT Bringing Energy To Our World - The Right Way
  2. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 2
    Strategy & Focus CORPORATE PRESENTATION Risk-Adjusted Returns Concentrated in low-risk, high-return assets Capital Discipline Returns-based capital allocation framework Balance Sheet Strength Improving leverage profile…
  3. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 3
    Asset Overview Characteristics CORPORATE PRESENTATION High netback, liquids weighted asset base Low risk drilling inventory Central Alberta High rate of return & quick payout wells Southeast Saskatchewan Long life, low…
  4. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 4
    Principles for Success Management execution and initiatives centered on balance sheet strength and sustainability CORPORATE PRESENTATION CRESCENT POINT Strategic initiatives supported by strong ESG focus 4 ESG: Environmental,…
  5. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 5
    Disciplined 2022 Capital Expenditures Budget Production guidance of 133,000 - 137,000 boe/d, up 2% from preliminary range of 131,000 - 135,000 boe/d CORPORATE PRESENTATION Reflects impact of strong operational performance,…
  6. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 6
    Kaybob Duvernay Execution Cost Reductions Operations Total Well Costs Since Acquiring Asset in Q2/21 CORPORATE PRESENTATION Savings are despite a larger frac design to increase EURs; Successfully concluded drilling first…
  7. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 7
    Returns Based Capital Allocation Framework & Excess Cash Flow Priorities CORPORATE PRESENTATION ASSET LEVEL CORPORATE LEVEL Funds Flow (Maximize with a cost discipline) Base Plan Risk Adjusted Returns and Value Added (Well &…
  8. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 8
    Increasing Shareholder Returns CORPORATE PRESENTATION Return of Capital to Shareholders Prior to debt reduction September 2021: 8% Increased quarterly dividend to 0.03/share, given improved Dividend Yield & Share Repurchases…
  9. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 9
    2022 Cash Flow Sensitivity & Allocation 800MM CORPORATE PRESENTATION (US75 WTI) 800MM of available funds in 2022 after dividends and share repurchases for further debt reduction, return of capital to shareholders and other…
  10. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 10
    5 Year Outlook (2022 2026) CORPORATE PRESENTATION Cumulative 5 Year Pre-Dividend Annual average production in the 133,000 137,000 boe/d range Excess Cash Flow 6.0 Annual development capital Billions CAD 4.0…
  11. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 11
    Significant Financial Flexibility & Liquidity CORPORATE PRESENTATION Senior Note Maturity Schedule 1,500 Maturities funded within excess flow generation and significant liquidity Renewed and extended unsecured, covenant-based…
  12. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 12
    Hedging Strategy Protects Excess Cash Flow Generation Hedging Summary CORPORATE PRESENTATION 60,000 50% 50% 50% 50% Hedge Volume (bbl/d) 40,000 20,000 CRESCENT POINT - Q1 2022 Q2 2022 Q3 2022 Q4 2022 Swap (CDN)…
  13. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 13
    Operational Excellence & Continuous Improvement Experienced Operator Knowledge Transfer and Innovation Top 10 North American operators Continued reduction in drilling & completions costs Hz Wells Drilled & Completed CORPORATE…
  14. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 14
    Strong ESG Practices CORPORATE PRESENTATION Environment Social & Safety Governance Targeting 50% reduction in emissions intensity Safety-centric culture resulting in Diverse, independent, experienced and highly and 70% reduction…
  15. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 15
    Optimizing Portfolio Based on Key Asset Criteria CPGs Optimal Portfolio Targeting a portfolio of high-return assets including: CORPORATE PRESENTATION Excess Cash Flow i. Organic diversified growth Generating Assets (Primary)…
  16. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 16
    CPGs Execution CORPORATE PRESENTATION Strengthening Increased financial flexibility, reducing net debt by 50% since 2018 Balance Sheet Line of sight to 1.0x D/CF in early 2022E, based on current forward strip commodity prices…
  17. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 17
    Our Purpose CORPORATE PRESENTATION Bringing Energy To Our World CRESCENT POINT The Right Way 17
  18. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 18
    CRESCENT POINT CORPORATE PRESENTATION Appendix October 2018
  19. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 19
    Capital Markets Summary & Guidance Capital Markets Summary 2022 Guidance CORPORATE PRESENTATION CPG (TSX and NYSE) Trading Price (Nov. 30, 2021) C5.50 (TSX), US4.31 (NYSE) Annual Avg. Production (mboe/d)(1) 133 137 Shares…
  20. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 20
    High Netback Asset Base CORPORATE PRESENTATION 2022E Operating Netback 50 40 30 CRESCENT POINT /boe 20 10 0 Peer 1 CPG Peer 2 Peer 3 Peer 4 Peer 6 Peer 5 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11…
  21. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 21
    Commitment to Environmental Stewardship Increased target for emissions intensity reduction to 50% by 2025, including a 70% reduction in methane emissions CORPORATE PRESENTATION Achievement driven by proactive development planning,…
  22. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 22
    Disciplined Commitment to Decline Mitigation 25% of corporate oil production currently under waterflood, declining at 5% CORPORATE PRESENTATION Planning to convert 125 producing wells to water injection wells in 2022 Only half of…
  23. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 23
    Kaybob Duvernay Low-risk, delineated play in the heart of condensate rich fairway CORPORATE PRESENTATION Largest allocation in 2022 budget given competitive economics, strong initial operational results and production growth…
  24. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 24
    Viewfield Strong excess cash flow generation driven by high netback and low decline asset base CORPORATE PRESENTATION Strong waterflood response in direct offset production with opportunity for further development SK Reducing…
  25. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 25
    Shaunavon Low-risk and multi-zone asset base continues to generate strong excess cash flow CORPORATE PRESENTATION Significant decline mitigation opportunities with strong full-cycle returns Advancing waterflood program and polymer…
  26. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 26
    Flat Lake Continue to focus on 2-mile horizontal development of Torquay zone CORPORATE PRESENTATION Advancing decline mitigation program within Ratcliffe zone following strong waterflood response to-date Reducing emissions…
  27. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 27
    North Dakota High-impact wells with competitive full-cycle returns and repeatability CORPORATE PRESENTATION 10 years of experience in the play with a track record of well cost reductions (down 30% since 2017) Maximizing…
  28. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 28
    Strong Market Access 2022E Corporate Oil & Condensate CORPORATE PRESENTATION Production Breakdown by Pricing Stream Central Alberta Condensate (20%) 20% C5 Southeast Saskatchewan Southwest Cromer Saskatchewan UHC 15%…
  29. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 29
    Board of Directors (1, 2) Barbara Munroe Ted Goldthorpe Chair of the Board Financial professional and Managing Partner in charge of the Global Credit CORPORATE PRESENTATION More than 25 years of legal experience and industry…
  30. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 30
    Reserves and Drilling Data The Company retained McDaniel to evaluate the reserves associated with the Assets and prepare a reserves report (the McDaniel Report) on the Kaybob Duvernay assets (the Assets). The statement of reserves data…
  31. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 31
    Reserves and Drilling Data Notice to US Readers CORPORATE PRESENTATION The oil and natural gas reserves contained in this presentation have generally been prepared in accordance with Canadian disclosure standards, which are not…
  32. December 2021 Corporate Presentation – Crescent Point Energy Corp. – slide 32
    CORPORATE PRESENTATION Crescent Point Energy Corp. Suite 2000, 585 8th Ave SW Calgary, AB T2P 1G1 Investor Relations (403) 767-6930 CRESCENT POINT (855) 767-6923 investorcrescentpointenergy.com Other Contacts…

From the store

Browse maps, data & reports in the Shale Experts store