CPG On Other Exchanges
New York
text size: T | T
Back to Snapshot
Company Description

Contact Info

585–8th Avenue SW

Suite 2000

Calgary, AB T2P 1G1


Phone: 403-693-0020

Fax: 403-693-0070

Crescent Point Energy Corp. engages in the exploration, development and production of oil and gas properties in western Canada and the United States. The crude oil and natural gas properties and related assets generating income for the benefit of the company are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba and the states of North Dakota, Montana, Colorado and Utah. Major Oil and Gas Properties Canada Viewfield Bakken Resource Play The Viewfield Bakken resource is a play covering approximately 1,000 sections of land in southeast Saskatchewan. Production is light oil. As of December 31, 2015, the company had converted a total of 129 producing wells to water injection wells, including 46 in the Viewfield Bakken Voluntary Unit #1. The total proved plus probable reserves in the Viewfield Bakken resource play were 230.9 million barrels of oil equivalent (MMboe). Flat Lake Torquay and Bakken Resource Plays The Flat Lake Torquay and Bakken light oil resource plays are located in southeast Saskatchewan. The resource area covers approximately 1,000 sections of land, where the company holds a large land base. As of December 31, 2015, total proved plus probable reserves in the Flat Lake Torquay and Bakken resource plays totaled 45.1 MMboe. Shaunavon Resource Play The Shaunavon resource play in southwest Saskatchewan includes two discrete formations; the Lower Shaunavon and Upper Shaunavon. Both zones are medium oil quality and jointly cover more than 600 sections of land. As of December 31, 2015, the company had booked total proved plus probable reserves of 159.9 MMboe in the Upper and Lower Shaunavon plays. Saskatchewan Viking Light Oil Resource Play The Viking light oil resource play is a shallow sandstone formation in west-central Saskatchewan containing light oil. The company drilled 142 (139.2 net) horizontal Viking wells during 2015. As of December 31, 2015, the company had booked total proved plus probable reserves of 25.4 MMboe in the Saskatchewan Viking light oil resource play. Swan Hills Beaverhill Lake Resource Play The Swan Hills Beaverhill Lake resource play is a light oil carbonate reservoir that is being developed mostly through horizontal drilling. The company drilled 5 (5.0 net) horizontal wells during 2015. As of December 31, 2015, the company had booked total proved plus probable reserves of 41.3 MMboe in the Beaverhill Lake light oil resource play. The United States Utah Uinta Basin Resource Play The Uinta Basin resource play sits in northeast Utah. Total proved plus probable reserves in the Uinta Basin were 89.4 MMboe as of December 31, 2015. Strategy The company strives to create sustainable, value-added growth in reserves, production and cash flow through the execution of management's integrated strategy of acquiring, exploiting and developing high quality, long life, light and medium oil and natural gas properties.


The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

CPG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for CPG.
View Industry Companies

Industry Analysis


Industry Average

Valuation CPG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.1x
Price/Book 0.9x
Price/Cash Flow 4.2x
TEV/Sales 2.4x

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CRESCENT POINT ENERGY CORP, please visit www.crescentpointenergy.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.