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 strong balance sheet with significant unutilized lines of credit. Crescent Point actively hedges commodity prices, using a rolling 3-½ year 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.
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|Floor Hedge Price||70.46||70.33||73.92||73.99||74.04||73.99|
(1) As of Aug. 5, 2016
(2) Floor hedge price is calculated using the forward strip for the 3-way collar hedges. Floor hedge price of 3-way collar hedges are subject to change based on forward market prices.