Crescent Point Energy is a conventional oil and gas producer. But we’re anything but conventional. We’re dynamic, disciplined and driven by results. Learn more about who we are and how we run our business.
OUR STRATEGY
Since Day 1, Crescent Point has successfully implemented a three-part business strategy to drive shareholder growth in reserves, production and cash flow.
Acquire
Crescent Point uses its excellent balance sheet and growth capital to acquire focused, long-life, high-quality reserves and production in United States and Canada. We focus on accretive large oil- or gas-in-place acquisitions with stable production profiles and significant development upside.
Manage Risk
Crescent Point strives to manage the risks associated with the oil and gas industry and to provide long-term stability to its dividends. To accomplish this, we maintain a strong balance sheet with significant unutilized lines of credit. Crescent Point actively hedges commodity prices, using a rolling 3-½ year price risk management program. We hedge up to 65 percent of after-Crown royalty volumes, using a portfolio of swaps, collars and put option instruments.
Company Name | Crescent Point Energy Corp |
Business Category | Oil & Gas |
Address | Suite 2000, 585 8th Avenue SW Calgary Alberta Canada ZIP: T2P1G1 |
President | Scott Saxberg |
Year Established | 2001 |
Employees | 1000 |
Memberships | NA |
Hours of Operation | NA |
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