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Crescent Point Energy Corp. is pleased to announce that it has completed its previously announced bought deal public offering of Crescent Point common shares through a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets . Crescent Point issued 48,550,000 Common Shares at a price of CDN$10.30 per Common Share , for gross proceeds of approximately CDN$500 million . Crescent Point has also granted [...]

TORONTO, Nov. 7, 2023 /CNW/ - Trading resumes in: Company: Crescent Point Energy Corp. TSX Symbol: CPG All Issues: Yes Resumption : 8:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading [...]

TORONTO, Nov. 6, 2023 /CNW/ - The following issues have been halted by CIRO: Company: Crescent Point Energy Corp. TSX Symbol: CPG All Issues: Yes Reason: Pending News Halt Time : 4:14 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]

Crescent Point Energy Corp. today announced that it has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and RBC Capital Markets under which the Underwriters have agreed to purchase, on a bought deal basis 48,550,000 Crescent Point common shares at $10.30 per Common Share for aggregate gross proceeds of approximately CDN$500 million . Crescent Point intends to use the net proceeds [...]

Crescent Point Energy Corp. is pleased to announce that it has entered into an arrangement agreement to acquire Hammerhead Energy Inc. , an oil and liquids-rich Alberta Montney producer, for total consideration of approximately $2.55 billion, including approximately $455 million in assumed net debt, consisting of cash and common shares of the Company . "This strategic consolidation is an integral part of our overall [...]

Crescent Point Energy Corp. is pleased to announce its operating and financial results for the quarter ended September 30, 2023. KEY HIGHLIGHTS Generated third quarter excess cash flow of $322 million , with full-year 2023 expected to total over $1.0 billion. Returned $480 million to shareholders year-to-date, including $188 million or 60 percent of excess cash flow, for third quarter. Repurchased 28.1 million shares for [...]

Crescent Point Energy Corp. announces its Board of Directors has declared a quarterly cash base dividend and a special cash dividend in alignment with the Company's return of capital framework. The quarterly cash base dividend of CDN $0.10 per share will be paid on January 2, 2024 for shareholders of record on December 15, 2023. Based on Crescent Point's third quarter 2023 financial results, a special cash dividend of CDN [...]

Crescent Point Energy Corp. plans to report its third quarter 2023 financial and operating results via press release prior to the opening of markets on Thursday, November 2, 2023. Crescent Point's management will hold a conference call at 10:00 a.m. MT the same day to discuss the Company's results and outlook. Participants can listen to this event online via webcast. To join the call without operator assistance [...]

Crescent Point Energy Corp. is pleased to provide its preliminary 2024 budget and an updated five-year outlook. KEY HIGHLIGHTS Annual production of 145,000 to 151,000 boe/d in 2024 based on development capital expenditures of $1.05 to $1.15 billion. Generating significant excess cash flow of over $1.0 billion in 2024 at US$80/bbl WTI. Increasing proportion of capital allocated to Kaybob Duvernay and Alberta Montney, which [...]

Crescent Point Energy Corp. is pleased to announce that it has entered into an agreement with a private operator to sell its North Dakota assets for US$500 million in cash . "Over the last few years, we have taken several strategic steps to optimize our portfolio," said Craig Bryksa, President and CEO of Crescent Point. "This transaction allows us to realize future value for an area with limited scalability while [...]