CPG - Crescent Point: Increasing Production And Improved Leverage Ratios

February, 20 2023 04:16 AM Crescent Point Energy Corporation

Summary

Oil prices decreased in the past few months. However, they are higher than the 5-year average.
Crescent Point’s new Kaybob Duvernay assets will increase its oil production by more than 4,000 BOE/d in 2023.
The liquidity condition of Crescent Point Energy improved during the preceding year.
CPG’s leverage ratios indicate more sufficient condition year-over-year compared with their amounts in 3Q 2021.
CPG stock is a buy.

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Company Name:	Crescent Point Energy Corporation
Stock Symbol:	CPG
Market:	NYSE