Veren Inc. is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas Infrastructure related to certain infrastructure assets in the Alberta Montney and will receive net cash proceeds of $400 million related to this transaction. KEY HIGHLIGHTS Directing $400 million of proceeds toward debt reduction, resulting in [...]
Crescent Point Energy Corp. and held its Annual and Special Meeting of Shareholders on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions brought forward, including voting in favour of changing the Company's name to Veren Inc. , effective immediately. Veren's shares are expected to begin trading under [...]
Crescent Point Energy Corp. 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 [...]
Crescent Point Energy Corp. and announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on July 2, 2024 to shareholders of record on June 15, 2024. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes [...]
Crescent Point Energy Corp. is pleased to announce that it has entered into an agreement with Saturn Oil & Gas Inc. to sell certain non-core assets in Saskatchewan for $600 million in cash . "We have strategically re-built our asset portfolio over the last few years to enhance our long-term sustainability," said Craig Bryksa, President and CEO of [...]
Crescent Point Energy Corp. and 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 the same day to discuss the Company's results and outlook. Participants can listen to this event [...]
Crescent Point Energy Corp. and announces that its Annual and Special Meeting of Shareholders will be held on May 10, 2024 at 10:00 a.m. MT . The AGM will be conducted in a virtual-only format. Registered shareholders, and duly appointed proxyholders, will have the opportunity to participate in the meeting by way of a live webcast. This webcast [...]
CALGARY, AB, March 20, 2024 /CNW/ - Crescent Point Energy Corp. announced today that it intends to change its name to Veren Inc. and will seek shareholder approval for the change at its upcoming Annual and Special Meeting of Shareholders on May 10, 2024. "Our new name and logo represent the culmination of our remarkable transformation over the last [...]
Crescent Point Energy Corp. is pleased to announce the Toronto Stock Exchange has accepted its notice to implement a normal course issuer bid to purchase, for cancellation, up to 61,663,522 common shares, or 10 percent of the Company's public float, as at February 29, 2024. The NCIB is scheduled to commence on March 11, 2024 and is due to expire on [...]
Crescent Point Energy Corp. and confirms the filing of its Annual Information Form for the year ended December 31, 2023, with the Canadian securities regulatory authorities on the System for Electronic Analysis and Retrieval . In addition, Crescent Point has filed its Form 40-F for the year ended December 31, 2023, which includes the AIF, with the [...]
Crescent Point Energy Corp. and announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share, an increase of 15 percent from the prior level as previously announced. The base dividend is payable on April 1, 2024 to shareholders of record on March 15, 2024. Crescent Point's quarterly dividend is part [...]
Crescent Point Energy Corp. 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 [...]
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