Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Crescent Point Energy Corp. (T:CPG)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 2000, 585-8Th Avenue Sw
CALGARY AB T2P 1G1
Tel: N/A
Website: www.crescentpointenergy.com
IR: See website
Key People
Barbara Elaine Munroe
Independent Chairman of the Board
Craig Bryksa
President, Chief Executive Officer, Director
Kenneth R. Lamont
Chief Financial Officer
Ryan Gritzfeldt
Chief Operating Officer
Mark G. Eade
Senior Vice President, General Counsel and Corporate Secretary
Bradley H. Borggard
Senior Vice President, Corporate Planning and Capital Markets
Garret Holt
Senior Vice President - Corporate Development
   
Business Overview
Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its crude oil and natural gas properties and related assets are located in the provinces of Alberta, British Columbia and Manitoba, and the states of North Dakota, Montana, Colorado and Utah. The Company holds a portfolio of assets in the Canadian portion of the Williston Basin. It holds interest in the Bakken and Torquay resource plays in the Canadian portion of the Williston Basin.
Financial Overview
For the nine months ended 30 September 2020,Crescent Point Energy Corp revenues decreased 51% toC$1.1B. Net loss increased from C$101.2M to C$2.47B.Revenues reflect Crude Oil & NGL Production (Barrels)decrease of 25% to 27.2M barrels, Oil EquivalentProd-United states decrease of 63% to 17K barrels per day,Oil and gas sales decrease of 52% to C$1.24B, Purchasedproduct sales decrease from C$24.4M to -C$43.2M.
Employees: 864 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $4,412M as of Sep 30, 2020
Annual revenue (TTM): $1,723M as of Sep 30, 2020
EBITDA (TTM): $1,241M as of Sep 30, 2020
Net annual income (TTM): -$3,401M as of Sep 30, 2020
Free cash flow (TTM): $108.90M as of Sep 30, 2020
Net Debt Last Fiscal Year: $2,536M as of Sep 30, 2020
Shares outstanding: 529,734,597 as of Sep 30, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization