Crescent Point

Crescent Point says no major sales or purchases in near future after deal spree

Crescent Point says no major sales or purchases in near future after deal spree

May 10, 2024 | 2:14pm
After a recent spree of large-scale transactions cementing it as the dominant player in two major North American petroleum plays, Crescent Point Energy Corp. says it is done with buying and selling assets for the near future. On a conference call with analysts to discuss the company’s first-quarter financial results Friday, CEO Craig Bryksa said […]
Estevan Emerges as Oil Frontier in the Latest Public Offering

Estevan Emerges as Oil Frontier in the Latest Public Offering

Apr 4, 2024 | 9:33am
In a bid that could reshape Saskatchewan’s energy landscape, the province’s Crown petroleum and natural gas public offering, held on Tuesday, April 2, 2024 raised more than 15 million dollars in revenue for provincial coffers. Estevan emerged as the front runner, generating the majority of revenue with $13,795,439.18 for 84 leases and two exploration licenses […]

Crescent Point notes lower fourth-quarter net loss as production and prices fall

Feb 24, 2021 | 11:09am

Crescent Point Energy Corp. is reporting a fourth-quarter net loss of $51 million, compared with a loss of $932 million in the same period of 2019. The Calgary-based company says the loss amounted to 10 cents per share for the quarter ended Dec. 31 compared with a loss of $1.73 per share a year ago. […]

Crescent Point selling some of its southern Saskatchewan assets

Sep 3, 2019 | 11:39am

Crescent Point Energy Corp has announced  it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about $912 million as it looks to cut debt under a new management. The Uinta Basin asset, expected to produce about 20,000 barrels of oil equivalent per day (boepd) in 2020, was […]

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