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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
Tel: N/A
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
Scott Tuttle
Senior Vice President of Human Resources and Corporate Services
Bradley H. Borggard
Senior Vice President, Corporate Planning and Capital Markets
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 three months ended 31 March 2020, Crescent Point Energy Corp revenues decreased 38% to C$486.7M. Net loss totaled C$2.32B vs. income of C$1.9M. Revenues reflect Crude Oil & NGL Production (Barrels) decrease of 20% to 10.3M barrels, Oil Equivalent Prod-United states decrease of 51% to 22K barrels per day, Oil and gas sales decrease of 39% to C$548.4M. Net loss reflects Impairment increase from C$8.5M to C$3.56B (expense).
Employees: 864 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $4,056M as of Mar 31, 2020
Annual revenue (TTM): $2,583M as of Mar 31, 2020
EBITDA (TTM): $6,781M as of Mar 31, 2020
Net annual income (TTM): -$3,359M as of Mar 31, 2020
Free cash flow (TTM): $375.50M as of Mar 31, 2020
Net Debt Last Fiscal Year: $2,660M as of Mar 31, 2020
Shares outstanding: 529,300,403 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization