Since Day 1, Crescent Point has successfully implemented a three-part business strategy to drive shareholder growth in reserves, production and cash flow.

Acquire

Crescent Point uses its excellent balance sheet and growth capital to acquire focused, long-life, high-quality reserves and production in western Canada. We focus on accretive large oil- or gas-in-place acquisitions with stable production profiles and significant development upside.

Manage Risk

Crescent Point strives to manage the risks associated with the oil and gas industry and to provide long-term stability to its dividends. To accomplish this, we maintain a conservative balance sheet with significant unutilized lines of credit. We also target a debt to cash flow of 1.0 times or less. Crescent Point actively hedges commodity prices, using a rolling 36-month price risk management program. We hedge up to 65 percent of after-Crown royalty volumes, using a portfolio of swaps, collars and put option instruments.

Develop and Exploit

Crescent Point uses its large, low-risk drilling inventory to maintain production, reserves and dividends. We currently have more than 5,000 locations of low-risk development inventory and more than 340,000 boe/d of potential risked production additions. Crescent Point’s project portfolio has become an industry leader among companies of our size.