CALGARY, Jan. 15, 2019 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) is pleased to announce its 2019 budget.  

KEY HIGHLIGHTS                                        

Disciplined and returns focused 2019 capital budget of $1.20 to $1.30 billion.

Maintaining annual average production at 170,000 to 174,000 boe/d, net of dispositions executed in 2018.

Approved a share repurchase program given the Company’s current share price versus its fundamental value.

Excess cash flow to be allocated to debt reduction and share repurchases at a budgeted WTI oil price of US$50.00/bbl.

Flexible budget with ability to revise capital

… Continue Reading

CALGARY, Dec. 17, 2018 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on January 15, 2019, in respect of December 2018 production, for shareholders of record on December 31, 2018, will be CDN$0.03 per share.

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.”

Crescent Point is a leading North American light oil producer, driven to enhance shareholder returns by cost-effectively developing a focused asset base in a … Continue Reading

CALGARY, Nov. 15, 2018 /CNW/ – Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on December 17, 2018, in respect of November 2018 production, for shareholders of record on November 30, 2018, will be CDN$0.03 per share.

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.”

Crescent Point is a leading North American light oil producer, driven to enhance shareholder returns by cost-effectively developing a focused asset base in a … Continue Reading

CALGARY, Alberta, Oct. 25, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2018.

KEY HIGHLIGHTS

Announced updated strategy and transition plan on September 5, 2018, with a goal of becoming a more focused and efficient company with a stronger balance sheet.

Completed previously announced organizational restructuring, resulting in approximately $50 million of annual cost savings.

Strong third quarter production with current operations on track to meet or exceed 2018 guidance within capital budget.

FINANCIAL HIGHLIGHTS

Funds

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CALGARY, Alberta, Oct. 18, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) plans to report its third quarter 2018 financial and operating results via press release prior to markets opening on Thursday, October 25, 2018. Crescent Point management will host a conference call at 10:00 a.m. MT (12:00 p.m. ET) on Thursday, October 25, 2018, to discuss the Company’s results and outlook.

Participants can listen to this event online by entering https://edge.media-server.com/m6/p/pe6eo46k in a web browser. Alternately, the conference can call be accessed by dialing 844-231-0101 or 216-562-0389 and entering the … Continue Reading

CALGARY, Alberta, Oct. 15, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on November 15, 2018, in respect of October 2018 production, for shareholders of record on October 31, 2018, will be CDN$0.03 per share.

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.”

CRESCENT POINT ENERGY CORP.

Craig Bryksa
President and Chief Executive Officer

FOR FURTHER INFORMATION ON CRESCENT POINT ENERGY PLEASE CONTACT:

Brad Borggard, Senior Vice President, … Continue Reading

CALGARY, Alberta, Sept. 17, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on October 15, 2018, in respect of September 2018 production, for shareholders of record on September 30, 2018, will be CDN$0.03 per share.

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.”

CRESCENT POINT ENERGY CORP.

Craig Bryksa
President and Chief Executive Officer

FOR FURTHER INFORMATION ON CRESCENT POINT ENERGY PLEASE CONTACT:

Brad Borggard, Senior Vice President, … Continue Reading

CALGARY, Alberta, Sept. 05, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) and the Board of Directors (the “Board”) are pleased to announce the appointment of Craig Bryksa as President and Chief Executive Officer (“CEO”), the adoption of a new clearly defined transition plan with measurable deliverables, the Company’s preliminary 2019 guidance and the appointment of Robert (Bob) Heinemann as the new Chairman of the Board.

“Our Board looks forward to working alongside Craig and his team as the company executes its transition plan and strategy,” said Barbara Munroe, Chair of … Continue Reading

CALGARY, Alberta, Aug. 15, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX and NYSE: CPG) confirms that the dividend to be paid on September 17, 2018, in respect of August 2018 production, for shareholders of record on August 31, 2018, will be CDN$0.03 per share.

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.”

CRESCENT POINT ENERGY CORP.

Craig Bryksa
Interim President and Chief Executive Officer

FOR FURTHER INFORMATION ON CRESCENT POINT ENERGY PLEASE CONTACT:

Ken Lamont, Chief Financial … Continue Reading

CALGARY, Alberta, July 26, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) is pleased to announce its operating and financial results for the quarter ended June 30, 2018.

KEY HIGHLIGHTS

Reduced net debt in the quarter by over $390 million, driven by funds flow from operations in excess of capital expenditures and proceeds from recently announced dispositions of approximately $280 million.

Renewed unsecured, covenant-based credit facilities totaling $3.6 billion, with maturity date extension to 2021.

Appointed new senior leadership team and streamlined executive structure with fewer members.

Reviewing strategy with a focus on

… Continue Reading

CALGARY, Alberta, July 19, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) and (NYSE:CPG) plans to report its second quarter 2018 financial and operating results via press release prior to markets opening on Thursday, July 26, 2018. Crescent Point management will host a conference call at 10:00 a.m. MT (12:00 p.m. ET) on Thursday, July 26, 2018, to discuss the Company’s results and outlook.

Participants can listen to this event online by entering https://edge.media-server.com/m6/p/psen4mwq in a web browser. Alternately, the conference can call be accessed by dialing 844-231-0101 or 216-562-0389, and entering the following … Continue Reading

CALGARY, Alberta, July 16, 2018 (GLOBE NEWSWIRE) — Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on August 15, 2018, in respect of July 2018 production, for shareholders of record on July 31, 2018, will be CDN$0.03 per share.

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.”

Crescent Point is a leading North American light and medium oil producer that seeks to maximize shareholder return through its total return strategy of long-term growth plus … Continue Reading