Crescent Point Energy Corp. announces its Board of Directors has declared a special cash dividend and a quarterly cash base dividend in alignment with the Company's return of capital framework. The special cash dividend of CDN $0.035 per share is based on Crescent Point's second quarter 2023 financial results and will be paid on August 15, 2023 for shareholders of record on August 8, 2023. The quarterly cash base dividend [...]
Crescent Point Energy Corp. 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 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 [...]
Crescent Point Energy Corp. is pleased to announce the release of its 2023 Sustainability Report highlighting the Company's strong environmental, social and governance performance. Crescent Point remains on track to achieve each of its environmental targets which are comprised of initiatives centered around reducing emissions, freshwater use and the number of inactive wells across its land base. Building upon these [...]
Crescent Point Energy Corp. is pleased to advise that over the past week it has brought back on stream the full 45,000 boe/d of Kaybob Duvernay production previously shut-in due to the Alberta wildfires. No damage has occurred to the Company's assets. Crescent Point's 2023 guidance remains unchanged, including annual average production of 160,000 to 166,000 boe/d, despite the impact of the wildfires during second quarter [...]
CALGARY, AB, May 18, 2023 /CNW/ - Crescent Point Energy Corp. held its Annual Meeting of Shareholders on May 18, 2023. During the regular business proceedings at the meeting, shareholders elected all director nominees to the Board of Directors of the Company and approved all other items of business brought before the meeting. Voting results for all resolutions and advisory votes are below. 1. Fixing the Number of [...]
Crescent Point Energy Corp. advises that it has shut-in its Kaybob Duvernay production due to the ongoing Alberta wildfires. A portion of this production was recently reactivated in the prior week, however Crescent Point is temporarily shutting back-in the remainder of its 45,000 boe/d of production in the area as a precautionary measure due to changing wildfire conditions. No damage has been reported to the Company's [...]
Crescent Point Energy Corp. 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 [...]
CALGARY, AB, May 12, 2023 /CNW/ - Crescent Point Energy Corp. announces its Board of Directors has declared a quarterly cash dividend of CDN $0.10 per share to be paid on July 4, 2023 for shareholders of record on June 15, 2023. These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends." Shant [...]
Crescent Point Energy Corp. is pleased to announce that it has successfully closed its previously announced strategic and accretive acquisition of oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash . This Acquisition aligns with Crescent Point's long-term strategy and enhances the Company's portfolio by adding 600 high-return Montney locations, further extending its premium drilling inventory to 15 [...]
Crescent Point Energy Corp. advises that it has temporarily shut in its Kaybob Duvernay production in response to the recent Alberta wildfires. This precautionary measure is being taken by the Company to protect the safety of its staff, the community, environment, and its assets. As a result, approximately 45,000 boe/d of production in the Kaybob Duvernay has been temporarily shut-in with a plan to restart production once [...]
Crescent Point Energy Corp. announces that its Annual Meeting of Shareholders will be held on May 18, 2023, at the Calgary TELUS Convention Centre at 10:00 a.m. MT . 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 [...]
Crescent Point Energy Corp. 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 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 [...]
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