CPG earnings

CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2024. KEY HIGHLIGHTS  Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter.Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders.Successfully integrated recently acquired Alberta Montney assets, bringing 18 Montney wells on stream year-to-date.Entered into agreement to dispose of non-core assets in Saskatchewan for $600 million, as previously announced.Expect pro forma

CALGARY, AB, May 3, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) plans to report its first quarter 2024 financial and operating results via press release prior to the opening of markets on Friday, May 10, 2024. Crescent Point's management will hold a conference call at 8:00 a.m. MT (10:00 a.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join the call without operator assistance, participants may register online by entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with operator a

CALGARY, AB, Feb. 29, 2024 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the year ended December 31, 2023. KEY HIGHLIGHTS  Transformed portfolio, increasing premium inventory to over 20 years and enhancing excess cash flow profile.Replaced over 900 percent of 2023 production on a 2P reserves basis including strategic A&D, or 150 percent organically.Generated $980 million of excess cash flow in 2023, with capital expenditures and production in-line with guidance.Returned approximately $600 million, or 60 percent of excess cash flow, to shareholders in 2023.Increasing quarterly base d

CALGARY, AB, Feb. 29, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the year ended December 31, 2023. KEY HIGHLIGHTS  Transformed portfolio, increasing premium inventory to over 20 years and enhancing excess cash flow profile.Replaced over 900 percent of 2023 production on a 2P reserves basis including strategic A&D, or 150 percent organically.Generated $980 million of excess cash flow in 2023, with capital expenditures and production in-line with guidance.Returned approximately $600 million, or 60 percent of excess cash flow, to shareholders in 2023.Increasing quarterly

CALGARY, AB, Feb. 22, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its fourth quarter and year-end 2023 financial and operating results via press release prior to the opening of markets on Thursday, February 29, 2024. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event via webcast. To join the call without operator assistance, participants may register online by entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed wi

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Crescent Point Energy Corp. ("Crescent Point" or the "Company") (NYSE:CPG) is pleased to announce that it has entered into an arrangement agreement (the "Agreement") to acquire Hammerhead Energy Inc. ("Hammerhead"), an oil and liquids-rich Alberta Montney producer, for total consideration of approximately $2.55 billion, including approximately $455 million in assumed net debt, consisting of cash and common shares of the Company (the "Transaction"). "This strategic consolidation is an integral part of our overall portfolio transformation," said Craig Bryksa, President and CEO of Crescent Point. "The acquired assets, which are situated in

CALGARY, AB, July 26, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2023. KEY HIGHLIGHTS  Closed the strategic acquisition of Alberta Montney assets, adding 600 premium locations and enhancing excess cash flow profile.Maintained 2023 production and capital expenditures guidance despite recent wildfires, highlighting operational outperformance.Generated $278 million of excess cash flow in second quarter, supporting debt reduction and return of capital to shareholders.Returned $167 million, or 60 percent of excess cash flow, to shareholders during

CALGARY, AB, July 19, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its second quarter 2023 financial and operating results via press release prior to the opening of markets on Wednesday, July 26, 2023. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join the call without operator assistance, participants may register online by entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with operato

CALGARY, AB, May 12, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2023. KEY HIGHLIGHTS  Closed the strategic acquisition of Alberta Montney assets, which includes 38,000 boe/d and over 20 years of premium inventory.Generated $153.4 million of excess cash flow in first quarter, driven by the Company's high netback asset base.Returned over 60 percent of excess cash flow to shareholders during first quarter 2023.Repurchased 10.5 mi

CALGARY, AB, May 5, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) announces that its Annual Meeting of Shareholders ("AGM") will be held on May 18, 2023, at the Calgary TELUS Convention Centre (120 9th Avenue SE) at 10:00 a.m. MT (12:00 p.m. ET). Shareholders are encouraged to attend the meeting. For those unable to attend, a live webcast of the AGM is available. It will not be possible to vote, or otherwise participate in the meeting through the webcast. The live webcast and replay is also accessible through the confe

CALGARY, AB, May 5, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its first quarter 2023 financial and operating results via press release prior to the opening of markets on Friday, May 12, 2023. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join the call without operator assistance, participants may register online by entering their phone num

CALGARY, AB, March 28, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce that it has entered into an agreement (the "Agreement") with Spartan Delta Corp. ("Spartan") to acquire Spartan's oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash (the "Transaction" or "Acquisition"). "Over the past five years, we have fundamentally rebuilt and strengthened Crescent Point," said Craig Bryksa, President and CEO of Crescent Point. "As a result of our efforts, and after closing this transaction, our asset base will include significant inventory depth in both the Kaybob Duvernay and the Montney, while also m

CALGARY, AB, March 2, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the year ended December 31, 2022. KEY HIGHLIGHTS  Generated significant excess cash flow of approximately $1.2 billion, driven by a strong netback asset base.Reduced net debt by approximately $850 million, or over 40 percent.Returned nearly $500 million to shareholders through dividends and share repurchases totaling over five percent of the float.Increased drilling inventory in the Kaybob Duvernay to over 20 years while optimizing portfolio through non-core dispositions.Increased NAV per share by 30 to 3

CALGARY, AB, Feb. 23, 2023 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its fourth quarter and year-end 2022 financial and operating results via press release prior to the opening of markets on Thursday, March 2, 2023. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event via webcast. To join the call without operator assistance, participants may register online by entering their phone number to receive an instant automated call back. Alternatively, the conference call can be accessed with op

CALGARY, AB, Oct. 26, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2022, its formal 2023 budget, a quarterly dividend and a special dividend, while also updating its five-year outlook. KEY HIGHLIGHTS Generated $233.7 million of excess cash flow in third quarter, driven by the Company's high netback asset base.Returning 50 percent of discretionary excess flow, in addition to the base dividend, to shareholders for third quarter 2022.Repurchased 8.2 million shares in third quarter and 3.0 million shares to-date in October 2022.Declared a spec

CALGARY, AB, Oct. 19, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) plans to report its third quarter 2022 financial and operating results via press release prior to the opening of markets on Wednesday, October 26, 2022. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1–888–390–0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage. The replay wi

CALGARY, AB, July 27, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2022. KEY HIGHLIGHTS Generated approximately $380 million of excess cash flow in second quarter, allowing for increased returns to shareholders.Enhanced return of capital offering with an increased base dividend and an updated framework, as previously announced.Achieved strong IP30 rate of 900 boe/d per well, comprised primarily of liquids, on second fully operated pad in Kaybob Duvernay.Established new targets to reduce scope 1 and 2 emissions and freshwater use, as previously

CALGARY, AB, July 20, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) plans to report its second quarter 2022 financial and operating results via press release prior to the opening of markets on Wednesday, July 27, 2022. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1‑888‑390‑0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage under the invest

CALGARY, AB, May 12, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended March 31, 2022 and an increase to its quarterly dividend. KEY HIGHLIGHTS Increasing quarterly dividend by over 40 percent to $0.065 per share, representing an annualized dividend of $0.26 per share.Repurchased approximately 13.5 million shares since December 2021 for total consideration of approximately $110 million.Generated approximately $290 million of excess cash flow in first quarter, supporting further debt reduction and return of capital.On-track to achieve near-term net debt targe

CALGARY, AB, May 5, 2022  /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) announces that its Annual General Meeting ("AGM") will be held on May 19, 2022, at the Imperial Ballroom of the Hyatt Regency Calgary (700 Centre Street S.E.) at 10:00 a.m. MT (12:00 p.m. ET). Shareholders are encouraged to attend the meeting. For those unable to attend, a live webcast of the AGM will also be available. It will not be possible to vote, or otherwise participate in the meeting through the webcast. To access either the live webcast or a replay, please visit the conference call and webcasts page of the Company's website. For further information about the

CALGARY, AB, May 5, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its first quarter 2022 financial and operating results via press release prior to the opening of markets on Thursday, May 12, 2022. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1‑888‑390‑0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage under the invest tab. The

CALGARY, AB, March 3, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) and (NYSE:CPG) is pleased to announce its operating and financial results for the year ended December 31, 2021 and increased share repurchases. KEY HIGHLIGHTS  Generated over $785 million of excess cash flow in 2021 with capital expenditures and production in-line with annual guidance. Increased PDP reserves by 17 percent with a strong FD&A recycle ratio of 2.7 times, including change in FDC. Replaced 197 percent of 2021 production on a 2P basis, resulting in a FD&A recycle ratio of 2.2 times, including change in FDC. Improved full-cycle returns in the Kaybob Duvernay through

CALGARY, AB, Feb. 24, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its fourth quarter and year-end 2021 financial and operating results and reserves via press release prior to the opening of markets on Thursday, March 3, 2022. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1‑888‑390‑0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage un

CALGARY, AB, Feb. 24, 2022 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its fourth quarter and year-end 2021 financial and operating results and reserves via press release prior to the opening of markets on Thursday, March 3, 2022. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1‑888‑390‑0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts web

CALGARY, AB, Oct. 28, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2021. KEY HIGHLIGHTS  Generated over $180 million of excess cash flow, or over $580 million year-to-date, further enhancing balance sheet strength. Successfully commenced Kaybob Duvernay drilling program, with completions expected in fourth quarter 2021. Entered into farm-in agreement with a Kaybob Duvernay operator and completed partner wells 20 percent below budget. Net debt to adjusted funds flow expected to be at 1.0 times in early 2022, based on current forward strip

CALGARY, AB, Oct. 21, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its third quarter 2021 financial and operating results via press release prior to the opening of markets on Thursday, October 28, 2021. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1–888–390–0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage under the invest t

CALGARY, AB, July 28, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2021. KEY HIGHLIGHTS  Successfully closed the acquisition of Kaybob Duvernay assets and disposition of southeast Saskatchewan conventional assets, both as previously announced, further enhancing the Company's balance sheet strength and sustainability. Reduced net debtŦ by approximately $360 million following the closing of the Kaybob Duvernay acquisition. Upwardly revised 2021 production guidance while keeping capital expenditures within the previously indicated range. Release

CALGARY, AB, July 21, 2021 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) plans to report its second quarter 2021 financial and operating results via press release prior to the opening of markets on Wednesday, July 28, 2021. Crescent Point's management will hold a conference call at 10:00 a.m. MT (12:00 p.m. ET) the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. Alternatively, the conference call can be accessed by dialing 1–888–390–0605. The webcast will be archived for replay and can be accessed on Crescent Point's conference calls and webcasts webpage under the inve