CPG:CC News and Press, Crescent Point Energy Corp. From 09/08/22

Summary Crescent Point is substantially scaling back its hedges, from 50% of production down to 20%. An unhedged oil producer is effectively a simple bet on oil prices, raising the question of why not simply buy an ETF or oil futures at that point. The bet that oil prices will...

Summary Crescent Point's deleveraging has gone on schedule. The company's oil hedges detracted from performance in Q2-2022. The unhedged natural gas production will boost Q3-2022 to be the top quarter for the year. We look at those numbers and where we think 2023 cash flow...

Longleaf Partners Funds is a suite of mutual funds and UCITS funds that Southeastern Asset Management, the investment advisor to the Longleaf Partners Funds, created in 1987 as a way for Southeastern employees to invest alongside their clients. Longleaf Partners Fund declined 15.56% i...

Crescent Point Energy enjoyed a cash windfall thanks to these booming oil and gas prices, thereby seeing their net debt target achieved earlier than anticipated. Initially, this was exciting, especially with management discussing special dividends. Although disappointingly, they a...

Crescent Point Energy (TSX:CPG) (NYSE:CPG) just reported strong Q2 2022 results. The stock caught a new tailwind in recent weeks but still trades well off the 2022 highs. Investors who missed the big energy rally earlier this year are wondering if CPG stock is now undervalued ...

The acquisition of the condensate production exposure is a huge plus for profitability in the future. The acquisition should lead to above-average profitability gains throughout the business cycle. Lower debt levels also argue for an enterprise valuation increase. Cost reducti...

Crescent Point Energy Corp. (CPG) Q2 2022 Earnings Conference Call July 27, 2022 12:00 PM ET Company Participants Craig Bryksa - President and CEO Ken Lamont - CFO Ryan Gritzfeldt - COO Conference Call Participants Dennis Fong - CIBC World Markets Inc...

Crescent Point Energy press release ( NYSE: CPG ): Q2 Non-GAAP EPS of C$0.47. Revenue of C$1.29B (+51.9% Y/Y). Adjusted funds flow totaled $599.1 million during second quarter 2022, or C$1.04 per share diluted, driven by a strong operating netback of C$76.57 per boe. ...

Crescent Point Announces Q2 2022 Results Canada NewsWire CALGARY, AB , July 27, 2022 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarte...

A year back, we made a call on how AMZA and XOP would perform in different pricing environments. We examine what the pricing environment was and how the thesis played out. We update our thesis for the next 12 months. Capital in markets is limited. While investors may lik...