Crescent Point Energy Corp. 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 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 [...]
Crescent Point Energy Corp. and has approved an increase to the Company's quarterly dividend as a result of significant progress made on improving its balance sheet strength and sustainability. Crescent Point is also pleased to announce its preliminary 2022 budget, which is expected to generate significant excess cash flow that leads to additional balance sheet strength and the opportunity to create further shareholder [...]
Crescent Point Energy Corp. 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 debt? by approximately $360 million [...]
Crescent Point Energy Corp. announces its Board of Directors has declared a quarterly cash dividend of CDN $0.0025 per share to be paid on October 1, 2021 for shareholders of record on September 15, 2021. 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." Brad Borggard, Senior Vice [...]
Crescent Point Energy Corp. 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 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 [...]
Crescent Point Energy Corp. is pleased to announce the release of its 2021 Sustainability Report . The Report is highlighted by the Company's increased target for emissions intensity reduction, an increase from 30 to 50 percent by 2025, including a 70 percent reduction in absolute methane emissions. The Report also outlines the Company's latest progress and commitment to strong environmental, social and governance [...]
Crescent Point Energy Corp. and has completed the disposition of its remaining non-core southeast Saskatchewan conventional assets , which were previously identified as disposition candidates, for cash proceeds of $93 million . As a result of the Transaction, Crescent Point also reduced asset retirement obligations by approximately $220 million, or nearly 25 percent of its ARO balance as at March 31, 2021. Proceeds from [...]
Crescent Point Energy Corp. held its Annual General Meeting of Shareholders on May 20, 2021. 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 Directors The appointment of ten [...]
Crescent Point Energy Corp. is pleased to announce its operating and financial results for the quarter ended March 31, 2021. KEY HIGHLIGHTS Reduced net debt by over $135 million in first quarter, driven by continued excess cash flow generation. Successfully closed accretive acquisition of Kaybob Duvernay assets, further enhancing free cash flow profile. Expect to generate significant excess cash flow of approximately $525 [...]
Crescent Point Energy Corp. announces its Board of Directors has declared a quarterly cash dividend of CDN $0.0025 per share to be paid on July 2, 2021 for shareholders of record on June 15, 2021. 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." Brad Borggard, Senior Vice President [...]
Crescent Point Energy Corp. plans to report its first quarter 2021 financial and operating results via press release prior to the opening of markets on Wednesday, May 12, 2021. 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. Alternatively, the conference call can be accessed by [...]
Crescent Point Energy Corp. will hold its upcoming Annual General Meeting of Shareholders on May 20, 2021 by virtual means. The AGM will be conducted by way of live audio webcast. The timing and process for voting by proxy are described in detail in the information circular and the AGM notice previously mailed to shareholders. Shareholders are reminded that completed proxy forms must be received no later than 10:00 a.m [...]