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Crescent Point Energy Corp (CPG.TO)

CPG.TO on Toronto Stock Exchange

5.37CAD
21 May 2019
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Latest Key Developments (Source: Significant Developments)

Crescent Point Energy Reports Q1 Adj Funds Flow Per Share Of $0.93
Thursday, 9 May 2019 

May 9 (Reuters) - Crescent Point Energy Corp ::CRESCENT POINT ANNOUNCES Q1 2019 RESULTS.EXPECT TO GENERATE APPROXIMATELY $600 MILLION OF EXCESS CASH FLOW IN 2019.QTRLY ADJUSTED FUNDS FLOW PER SHARE $0.93.AVERAGE PRODUCTION IN Q1 WAS 175,955 BOE/D, COMPRISED OF APPROXIMATELY 91 PERCENT OIL AND LIQUIDS.ON TRACK WITH 2019 BUDGET, WHICH REMAINS UNCHANGED.ANNUAL PRODUCTION AND CAPITAL EXPENDITURES GUIDANCE REMAINS UNCHANGED.  Full Article

Crescent Point Energy Issues Statement To Address Cation Capital's Nomination Of 4 Candidates To Crescent Point's Board
Monday, 9 Apr 2018 

April 9 (Reuters) - Crescent Point Energy Corp ::CRESCENT POINT ENERGY ISSUES STATEMENT TO ADDRESS CATION CAPITAL'S NOMINATION OF 4 CANDIDATES TO CRESCENT POINT'S BOARD.YEAR PLAN ARE ON TRACK TO GROW PRODUCTION ON A PER SHARE BASIS WITHIN CASH FLOW.URGES SHAREHOLDERS TO CAST THEIR VOTE ON WHITE PROXY CARD AND CONTINUE TO SUPPORT NOMINEES PUT FORTH BY CO.AS PART OF ROBUST RENEWAL PROCESS, ALSO PLAN TO ADD AN ADDITIONAL NEW INDEPENDENT DIRECTOR IN 2019.  Full Article

Cation Capital Releases Letter To The Board Of Directors Of Crescent Point Energy And Announces Intention To Nominate Four Directors For Election To The Crescent Point Energy Board
Monday, 9 Apr 2018 

April 9 (Reuters) - Crescent Point Energy Corp ::CATION CAPITAL RELEASES LETTER TO THE BOARD OF DIRECTORS OF CRESCENT POINT ENERGY AND ANNOUNCES INTENTION TO NOMINATE FOUR HIGHLY-QUALIFIED, INDEPENDENT DIRECTORS FOR ELECTION TO THE CRESCENT POINT ENERGY BOARD.CATION CAPITAL SAYS ON APRIL 2, 2018 DELIVERED A LETTER TO BOARD OF CRESCENT POINT ENERGY CORP.CATION CAPITAL SAYS NOMINEES FOR ELECTION TO CRESCENT POINT ENERGY BOARD TO INCLUDE DALLAS HOWE, HERBERT PINDER, THOMAS BUDD & SANDY EDMONSTONE.CATION CAPITAL SAYS ITS DIRECTOR NOMINEES TO CRESCENT POINT ENERGY BOARD HOLD, OR EXERCISE CONTROL OVER, ABOUT 0.3% OF SHARES OF CRESCENT POINT ENERGY.  Full Article

Crescent Point Announces Its 2018 Budget
Tuesday, 9 Jan 2018 

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 

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

Crescent Point Energy reports Q2 FFO $0.77
Thursday, 27 Jul 2017 

July 27 (Reuters) - Crescent Point Energy Corp :Crescent point energy - do not anticipate need to change 2017 capital program and expect to achieve per share growth of 10 percent in 2017.Crescent point announces strong Q2 2017 results and upwardly revised 2017 guidance.Q2 ffo $0.77.Is increasing its 2017 average production guidance to 174,500 boe/d, up from 172,000 boe/d,.Expect to meet or exceed our 2017 exit production guidance,.Total capital expenditures budgeted for 2017, excluding property and land acquisitions, is unchanged at $1.45 billion.  Full Article

Crescent point energy Q2 FFO $0.77
Thursday, 27 Jul 2017 

July 27 (Reuters) - Crescent Point Energy Corp ::Crescent Point announces strong Q2 2017 results and upwardly revised 2017 guidance.Q2 FFO $0.77.Is increasing its 2017 average production guidance to 174,500 boe/d, up from 172,000 boe/d,.Expect to meet or exceed our 2017 exit production guidance,.Do not anticipate need to change capital program and expect to achieve per share growth of 10 percent.Total capital expenditures budgeted for 2017, excluding property and land acquisitions, is unchanged at $1.45 billion.  Full Article

Crescent Point Energy qtrly adjusted earnings from ops $0.07 per share
Thursday, 27 Jul 2017 

July 27 (Reuters) - Crescent Point Energy Corp :Crescent point announces strong q2 2017 results and upwardly revised 2017 guidance.Crescent point energy corp - increased 2017 average production guidance to 174,500 boe/d from 172,000 boe/d.Crescent point energy corp - total capital expenditures budgeted for 2017, excluding property and land acquisitions, is unchanged at $1.45 billion.Crescent point energy corp qtrly crescent point achieved average production of 175,615 boe/d, an increase of approximately five percent from q2 2016.Crescent point energy corp qtrly adjusted net earnings from operations per share $0.07.Crescent point energy corp qtrly net income per share $0.15.Q2 earnings per share view c$-0.01 -- Thomson Reuters I/B/E/S.Crescent point energy corp - oil and ngls production guidance for 2017 is 157,500 bbls/d.  Full Article

Crescent Point announces renewal of credit facilities
Monday, 26 Jun 2017 

June 26 (Reuters) - Crescent Point Energy Corp -:Crescent Point announces renewal of credit facilities.Crescent Point Energy-‍has renewed its unsecured, covenant-based credit facilities totaling $3.6 billion, with a maturity date extension to June 10, 2020​.Crescent Point Energy- at June 26, crescent point is estimated to have an unutilized credit capacity of about $1.5 billion with no material near-term debt maturities.Crescent Point Energy Corp - under terms of syndicated unsecured credit facility, co maintains ability to increase credit capacity by up to $500 million.  Full Article

CANADA STOCKS-TSX on course to post sharpest weekly fall as trade worries linger

May 10 Canada's main stock index fell on Friday, as investors were worried about the U.S.-China trade dispute, with Washington raising tariffs on Chinese goods even as the two sides tried to strike a last-minute deal.