Crescent Point Energy (CPG) Reports Q2 EPS of C$0.20
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Crescent Point Energy (NYSE: CPG) reported Q2 EPS of Cdn$0.20, versus Cdn$0.38 reported last year.
2021 GUIDANCE
The Company's guidance for 2021 is as follows:
Prior | Revised | ||
Total Annual Average Production (boe/d) (1) | 128,000 - 132,000 | 130,000 - 134,000 | |
Capital Expenditures | |||
Development capital expenditures ($ million) | $575 - $625 | $600 - $625 | |
Capitalized G&A ($ million) | $35 | $35 | |
Total ($ million) (2) | $610 - $660 | $635 - $660 | |
Other Information for 2021 Guidance | |||
Reclamation activities ($ million) (3) | $15 | $15 | |
Capital lease payments ($ million) | $20 | $20 | |
Annual operating expenses | $595 - $615 million ($12.45 - $12.95/boe) | $615 - $635 million ($12.75 - $13.25/boe) | |
Royalties | 11.5% - 12.5% | 12.0% - 12.5% |
1) | Total annual average production (boe/d) is comprised of 86% Oil & Liquids and 14% Natural Gas |
2) | Land expenditures and net property acquisitions and dispositions are not included. Development capital expenditures spend is allocated as follows: 84% drilling & development and 16% facilities & seismic |
3) | Reflects Crescent Point's portion of its expected total budget |
For earnings history and earnings-related data on Crescent Point Energy (CPG) click here.
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