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Crescent Point Energy Corp (CPG.TO)

CPG.TO on Toronto Stock Exchange

10.63CAD
23 May 2018
Change (% chg)

$-0.23 (-2.12%)
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Latest Key Developments (Source: Significant Developments)

Crescent Point Announces Its 2018 Budget
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Crescent Point Energy Corp ::CRESCENT POINT ANNOUNCES 2018 BUDGET AND SIGNIFICANT INCREASE TO UINTA INVENTORY.CRESCENT POINT ENERGY CORP - EXPECTS 2018 YEAR-OVER-YEAR EXIT RATE GROWTH OF ABOUT SEVEN PERCENT.CRESCENT POINT - 2018 BUDGET IS EXPECTED TO GENERATE ANNUAL AVERAGE PRODUCTION OF 183,500 BOE/D.CRESCENT POINT ENERGY CORP - ACHIEVED 2017 EXIT RATE OF 183,000 BOE/D.CRESCENT POINT ENERGY CORP - COMPANY'S 2018 BUDGET IS EXPECTED TO GENERATE ANNUAL EXIT PRODUCTION OF 195,000 BOE/D.CRESCENT POINT ENERGY CORP - SEES 2018 TOTAL CAPITAL EXPENDITURES, BEFORE NET LAND AND PROPERTY ACQUISITIONS $1,800 MLN‍​.  Full Article

Crescent Point announces Q3 2017 average production growth of 10 pct year-over-year​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Crescent Point Energy Corp :Crescent Point announces strong Q3 2017 results and upwardly revised 2017 guidance.Crescent Point Energy Corp - ‍ Achieved Q3 2017 average production growth of 10 percent year-over-year​.Crescent Point Energy Corp qtrly ‍funds flow from operations totaled $389.0 million or $0.71 per share​.Crescent Point Energy Corp - ‍ 2017 exit guidance remains unchanged at 183,000 boe/d as it is in process of disposing additional non-core assets​.Crescent Point Energy Corp - ‍Increasing its 2017 average production guidance to 175,500 boe/d, up from 174,500 boe/d​.Crescent Point Energy Corp - ‍ Currently marketing several additional non-core asset packages targeting potential proceeds of $100 million to $200 million​.  Full Article

Crescent Point Energy Qtrly adjusted EPS $0.03
Thursday, 11 Aug 2016 

Crescent Point Energy Corp : Qtrly loss per share $0.45 . Remain on track to achieve annual production guidance and plan to exit year with production of approximately 165,000 boe/d . Fy capital expenditures budget, excluding land and net property acquisitions and dispositions, remains unchanged at $950 million . Has 50 percent of its natural gas production hedged for remainder of 2016 at a weighted average price of cdn $3.31 per gj . Achieved quarterly production of 167,218 boe/d in q2 2016 .Crescent point expects to revisit its budget, along with its current production guidance of 165,000 boe/d, in second half of year.  Full Article

UPDATE 1-Crescent Point wins proxy battle, staves off activist push

CALGARY/TORONTO, May 4 Shareholders of Crescent Point Energy Corp voted to elect the Canadian energy producer's full slate of directors after a contentious battle with activist investor Cation Capital, Crescent spokeswoman Andrée Morier said on Friday.