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CPG News and Press, Crescent Point Energy Corporation From 11/14/23

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

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CPG - Crescent Point Is About To Become The Second Largest Montney Producer

2023-11-14 12:42:34 ET Summary Crescent Point Energy announces $2.55 billion acquisition of Hammerhead Energy. Crescent Point reports bolstering their high-quality Montney assets with estimated FY24 production of 94mboe/d. The acquisition will increase Crescent Point's product...

CPG - Crescent Point Announces the Closing of CDN$500 Million Equity Offering

Crescent Point Announces the Closing of CDN$500 Million Equity Offering Canada NewsWire CALGARY, AB , Nov. 10, 2023 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has completed its pre...

CPG - Crescent Point Energy: Management Found Another Bargain With Hammerhead Acquisition

2023-11-08 19:09:56 ET Summary Crescent Point Energy management completed the Hammerhead acquisition to improve company finances and grow more cheaply than organic growth. The value of 2P reserves comes for free. Crescent Point Energy faced financial stress due to debt and drop in...

CPG - Crescent Point Energy Makes A Good Strategic Move In Acquiring Hammerhead Energy

2023-11-08 08:08:05 ET Summary Crescent Point Energy agreed to acquire Hammerhead Energy in a stock and cash transaction valued at CDN$2.55 billion. Crescent Point Energy is paying a premium over what its shares are going for, but the deal does seem to make sense. The combined...

CPG - NINE, HNRG among major energy losers; BANL major gainer

2023-11-07 14:00:28 ET More on Energy Select Sector SPDR ETF XLE: Good Value Amid Industry Consolidation XLE: Bigger Is Not Always Better XLE: An Undervalued ETF That Should Be Able To Double The Dividend In 6 Years Crude oil climbs after Fed, Bank of England...

CPG - Crescent Point: Running After That Untamed Ornithoid

2023-11-07 12:45:55 ET Summary Crescent Point Energy has announced its acquisition of Hammerhead Energy for approximately $2.55 billion. The purchase will enhance Crescent Point's drilling inventory profile. We tell you why we think the Data suggests that we look elsewhere for...

CPG - EH, HOWL and TNON among pre-market losers

2023-11-07 08:36:07 ET Losers: Ventyx Biosciences ( VTYX ) -76% announces results from the phase 2 trial of VTX958 in patients with moderate to severe plaque Psoriasis and provides corporate update. Alto Ingredients ( ALTO ) -50% reports third quarter 2023 re...

CPG - Crescent Point Energy to buy Hammerhead Energy in ~$2.5B cash and stock deal

2023-11-06 16:49:20 ET More on Crescent Point Energy and Hammerhead Energy Crescent Point Energy Q3 2023 Earnings Call Transcript Crescent Point Energy: Refocus Almost Complete Hammerhead Energy Is A Hidden Wall Street Gem For further details see: Crescen...

CPG - Hammerhead Energy Inc. Announces Record Financial and Operating Results for Third Quarter 2023 and a Corporate Transaction

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. (“Hammerhead” or the “Company”) (TSX: HHRS ; NASDAQ: HHRS) is pleased to announce record financial and operating results for the third quarter of 2023. During the quarter, the Company maintained...

CPG - Hammerhead Energy Inc. Enters into Agreement to be Acquired by Crescent Point Energy Corp.

CALGARY, Alberta, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Hammerhead Energy Inc. ("Hammerhead") (TSX: HHRS ; NASDAQ: HHRS) is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Crescent Point Energy Corp. (“Crescent Point”) (...

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