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Crescent Point Energy

#2615

Rank

$5.31B

Marketcap

CA Canada

Country

Crescent Point Energy
Leadership team

Mr. Craig Bryksa (Pres, CEO & Non-Independent Director)

Mr. Kenneth R. Lamont B.Com., BComm., C.A., CA (Chief Financial Officer)

Mr. Ryan Chad Raymond Gritzfeldt BASc., P.Eng. (Chief Operating Officer)

Products/ Services
Energy, Natural Resources, Oil and Gas
Number of Employees
500 - 1000
Headquarters
Calgary, Alberta, Canada
Established
2001
Company Registration
SEC CIK number: 0001545851
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CPG
Social Media
Overview
Location
Summary
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.
History

In 2001 Crescent Point Energy began trading on the TSX Venture Exchange as a junior exploration and production company. It joined the Toronto Stock Exchange the following year. In 2003, it merged with Tappit Resources. As part of the merger, Crescent Point converted to an income trust. In February 2007, it acquired Mission Oil and Gas for $628 million. From Mission, Crescent Point acquired a large position in the Viewfield Bakken oil field in the Williston Basin. Since 2007, Crescent Point has since expanded its Three Forks play both north and south of the border. In 2009, Crescent converted back to a normal corporation .In 2010, Crescent Point acquired properties in the Lower Shaunavon resource play in southwest Saskatchewan from Penn West Energy Trust. In return, it provided a number of properties in Alberta and Saskatchewan, as well as $434 million in cash. Crescent Point began trading on the New York Stock Exchange in 2014 under the same CPG symbol.In May 2015, Crescent Point acquired Legacy Oil and Gas for $1.5 billion.On 29 May 2018, Crescent Point announced that former President & CEO, Scott Saxberg, would be leaving the company after 17 years, with Craig Bryksa taking over duties as president and CEO on an interim basis. On 5 September 2018, Crescent Point confirmed Craig Bryksa as its new president and CEO. Robert Heinemann also replaced Peter Bannister as chairman on Crescent Point's board of directors. Barbara Munroe was appointed as board chair following Bob Heinemann's retirement in October, 2019.

Mission
Crescent Point is committed to creating a high-performance energy company where people are valued, respected and encouraged to reach their full potential. We strive to sustain a culture of cultural integrity, while delivering superior returns over the long term.
Vision
Crescent Point is the premier mid-sized energy company in North America. We are dedicated to creating value for our shareholders through attractive oil and gas reserves, strong capital discipline, operational excellence and growth.
Key Team

Mr. Mark G. Eade (Sr. VP, Gen. Counsel & Corp. Sec.)

Mr. Garret Holt (Sr. VP of Corp. Devel.)

Sarfraz Somani (Mang. of Investor Relations)

Ms. Lisa Watson (VP of HR & Corp. Services)

Mr. Justin Foraie (VP of Engineering & Marketing)

Mr. Shant Madian (VP of Capital Markets)

Mr. Mike Blair (VP of Exploration & New Ventures)

Recognition and Awards
Crescent Point has been recognized numerous times as one of Canada's Top 100 Employers, Alberta's Top 75 Employers and most recently, one of Canada's Top Small and Medium Employers. We have also been recognized for our commitment to sustainability, most recently as an EnviroStars Top Rated Company, and for our commitment to safety, having won the Alberta Oilsands Operator Safety Award from the Energy Safety Canada four times since 2011.
References
Crescent Point Energy
Leadership team

Mr. Craig Bryksa (Pres, CEO & Non-Independent Director)

Mr. Kenneth R. Lamont B.Com., BComm., C.A., CA (Chief Financial Officer)

Mr. Ryan Chad Raymond Gritzfeldt BASc., P.Eng. (Chief Operating Officer)

Products/ Services
Energy, Natural Resources, Oil and Gas
Number of Employees
500 - 1000
Headquarters
Calgary, Alberta, Canada
Established
2001
Company Registration
SEC CIK number: 0001545851
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
CPG
Social Media