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Crescent Point Energy Corp (CPG.TO)

CPG.TO on Toronto Stock Exchange

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15 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Crescent Point Energy Sells Non-Core Assets In Williston Basin For About $280 Mln
Tuesday, 19 Jun 2018 08:30am EDT 

June 19 (Reuters) - Crescent Point Energy Corp ::CRESCENT POINT ANNOUNCES MANAGEMENT CHANGES AND PROVIDES AN UPDATE ON DISPOSITIONS.CRESCENT POINT ENERGY - ENTERED PURCHASE AND SALE AGREEMENTS TO DISPOSE CERTAIN NON-CORE ASSETS IN WILLISTON BASIN FOR PROCEEDS OF ABOUT $280 MILLION.CRESCENT POINT ENERGY - ADJUSTING 2018 AVERAGE PRODUCTION GUIDANCE TO 181,000 BOE/D AND 2018 EXIT PRODUCTION GUIDANCE TO 190,000 BOE/D.CRESCENT POINT ENERGY CORP - CAPITAL EXPENDITURES GUIDANCE FOR 2018 REMAINS UNCHANGED AT $1.775 BILLION.CRESCENT POINT ENERGY - EXPECTS TO ALLOCATE PROCEEDS FROM CERTAIN NON-CORE ASSETS DISPOSITIONS TOWARD DEBT REDUCTION, STRENGTHENING ITS BALANCE SHEET.  Full Article

Crescent Point Announces New President And CEO As Part Of Transformation Plan
Tuesday, 29 May 2018 08:00am EDT 

May 29 (Reuters) - Crescent Point Energy Corp ::CRESCENT POINT ANNOUNCES NEW PRESIDENT AND CEO AS PART OF TRANSFORMATION PLAN.CRESCENT POINT ENERGY CORP - CRAIG BRYKSA HAS ALSO REPLACED SCOTT SAXBERG ON BOARD.CRESCENT POINT ENERGY CORP - CRAIG BRYKSA HAS TAKEN OVER AS INTERIM PRESIDENT AND CHIEF EXECUTIVE OFFICER OF CO.  Full Article

Crescent Point Announces Its 2018 Budget
Tuesday, 9 Jan 2018 04:30pm EST 

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 06:38am EDT 

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

UPDATE 1-Crescent Point names new CEO, plans to cut 17 pct of workforce

Sept 5 Crescent Point Energy Corp on Wednesday named Craig Bryksa its new chief executive officer and said it would immediately reduce 17 percent of its workforce as the Canadian energy producer looks to turn around its business.