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Crescent Point Energy Corp. (T:CPG)

Business Focus: Oil & Gas Exploration and Production (NEC)

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
Company Contact
Address: Suite 2000, 585-8Th Avenue Sw
CALGARY AB T2P 1G1
Tel: N/A
Website: www.crescentpointenergy.com
IR: See website
Key People
Craig Bryksa
President, Chief Executive Officer, Director
Kenneth R. Lamont
Chief Financial Officer
Ryan Gritzfeldt
Chief Operating Officer
Michael R. Politeski
Senior Vice President - Finance, Treasurer
Mark G. Eade
Senior Vice President, General Counsel, Corporate Secretary
Garret Holt
Senior Vice President - Corporate Development
Shelly Witwer
Senior Vice President - Business Development
Justin Foraie
Vice President - Engineering and Marketing
 
Business Overview
Crescent Point Energy Corp. is a Canada-based oil and gas exploration company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta and the United States. Its operating areas include Viewfield area of southeastern Saskatchewan; Shaunavon resource play, which is located in southwest Saskatchewan; Flat Lake play, which is a multi-zone resource play located in southeast Saskatchewan; Kaybob Duvernay play, which is situated in the heart of the condensate rich fairway, Central Alberta, and Montney assets in Alberta. Its wholly owned subsidiaries include Crescent Point Resources Partnership, Crescent Point Holdings Ltd. and Crescent Point U.S. Holdings Corp.
Financial Overview
For the fiscal year ended 31 December 2023, Crescent Point Energy Corp revenues decreased 9% to C$3.19B. Net income before extraordinary items decreased 30% to C$799.4M. Revenues reflect Crude oil sales segment decrease of 6% to C$3.65B, Canada segment decrease of 9% to C$3.5B, L & M Oil Production decrease of 11% to 4.6M barrels, Oil Equivalent Prod-United states decrease of 9% to 63K barrels per day. Net income also reflects Avg.
Employees: 777 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $11,047M as of Dec 31, 2023
Annual revenue (TTM): $3,190M as of Dec 31, 2023
EBITDA (TTM): $2,144M as of Dec 31, 2023
Net annual income (TTM): $799.40M as of Dec 31, 2023
Free cash flow (TTM): -$2,853M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3,694M as of Dec 31, 2023
Shares outstanding: 619,949,490 as of Mar 1, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization