CPG News and Press, Crescent Point Energy Corporation From 10/28/22

Summary The management team at Crescent Point Energy announced financial results covering the third quarter of the company's 2022 fiscal year on Oct. 26. Results were encouraging, and management continues to focus on rewarding shareholders while growing output. So long as ener...

Crescent Point Energy Corp. (CPG) Q3 2022 Earnings Conference Call October 26, 2022 12:00 PM ET Company Participants Craig Bryksa - President and CEO Ken Lamont - CFO Ryan Gritzfeldt - COO Conference Call Participants Michael Harvey - RBC Capital Mark...

Summary Crescent Point Energy came out with strong, positive, and clear guidance for 2023. Crescent Point Energy is one of the first companies in the oil sector to shift investors' conversations firmly into 2023. CPG came out with a special dividend too. At the low end of ...

Crescent Point Energy ( NYSE: CPG ) +2.2% pre-market Wednesday after reporting Q3 earnings and announcing a special dividend of C$0.035/share in addition to its regular quarterly dividend of C$0.08/share. Q3 net income rose sixfold from a year earlier to C$466.4M...

Crescent Point Energy ( NYSE: CPG ) declares CAD 0.08/share quarterly dividend , in line with previous. Forward yield 3.05% Payable Jan. 3; for shareholders of record Dec. 15; ex-div Dec. 14. The company also announced a special dividend of CAD$0.035/per share,...

Crescent Point Energy press release ( NYSE: CPG ): Q3 GAAP EPS of C$0.82. Revenue of C$1.1B (+33.1% Y/Y). Generated $233.7 million of excess cash flow in third quarter, driven by the Company's high netback asset base. Returning 50 percent of discretionary excess fl...

Crescent Point Announces Q3 2022 Results and 2023 Budget Canada NewsWire CALGARY, AB , Oct. 26, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results ...

Summary Now is the time to sell noncore assets, as Crescent Point Energy has done. Cyclical market bottoms are not the optimal time to sell noncore assets even if they get impaired completely. The purchase from Shell should result in years of above average profitability becaus...

Crescent Point Announces Q3 2022 Conference Call Canada NewsWire CALGARY, AB , Oct. 19, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) and (NYSE: CPG) plans to report its third quarter 2022 financial and opera...

Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...