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Crescent Point Energy Corp. (T:CPG)

Business Focus: Oil & Gas Exploration and Production

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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
Robert F. Heinemann
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 Saskatchewan, 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. The southwest Saskatchewan region contains two focus resource plays that the Company is developing. These include Shaunavon resource play and Viking light oil resource play. The Company holds interest in the Uinta Basin resource play located in northeast Utah.
Financial Overview
For the six months ended 30 June 2019, Crescent Point Energy Corp revenues decreased 8% to C$1.59B. Net income totaled C$200.5M vs. loss of C$256.9M. Revenues reflect Natural Gas Production (Cubic Feet) decrease of 11% to 18.01B cubic feet, Oil Equivalent Prod-Other decrease of 23% to 11K barrels per day, Oil and gas sales decrease of 9% to C$1.84B. Net Income reflects Avg. Production Costs per Barrel, Total decrease of 3% to C$14.77 per barrel.
Employees: 1,004 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $6,986M as of Jun 30, 2019
Annual revenue (TTM): $3,176M as of Jun 30, 2019
EBITDA (TTM): $2,099M as of Jun 30, 2019
Net annual income (TTM): -$2,160M as of Jun 30, 2019
Free cash flow (TTM): $344.80M as of Jun 30, 2019
Net Debt Last Fiscal Year: $3,876M as of Jun 30, 2019
Shares outstanding: 547,197,483 as of Aug 8, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization