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 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.

Trent Stangl discusses how our hedging program works and why it’s so important.


LegendQ3 17Q4 17Q1 18Q2 18
3-Way Collars 23500 23500 13000 13000
Collars 0 0 0 0
Swaps 28250 28250 5500 5500
Percent Hedged 39 39 13 13

legendQ3 17Q4 17Q1 18Q2 18
Floor Hedge Price 70.15 70.23 70.17 70.42


(1) As of February 21, 2017

(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.