2023-05-15 04:10:08 ET
Summary
- Crescent Point Energy will acquire Spartan Delta acreage in the Kaybob Duvernay.
- This management has turned an overleveraged company into a conservatively run juggernaut.
- The acquisition builds on a multi-year strategy to establish a low-cost core position.
- Most managements in the industry appear to expect commodity prices to at least hold where they are or improve throughout the year.
- This management has several ways to win through superior operations as well as improving commodity prices.
For further details see:
Crescent Point Energy: Sneaking In The Back Door