Investor Presentaiton
CRESCENT POINT | CORPORATE PRESENTATION
Hedging Summary
Plan to remain disciplined in our approach to layering on additional protection in the context of commodity prices
Oil & Liquids Hedging
Oil & liquids hedges extend through Q4 2024
Gas Hedging
Gas Diversification
Through 2025
Hedge Volume (bbl/d)
40,000
>30%
30,000
20,000
10,000
-30%
Hedge Volume (GJ/d)
Gas hedges extend through 2025
~25%
100,000
Plan to reduce AECO exposure to a third
-20%
75,000
50,000
25,000
8%
6%
17%
6%
4%
42%
17%
H1 2024E
H2 2024E
H1 2024E
H2 2024E
TEP*
Swap (C$)
$110.41
$105.80
Swap (C$)
$3.47
$3.12
Henry Hub
Collar Floor (C$)
$97.42
$97.91
Collar Ceiling (C$)
$115.49
$113.86
Collar Floor (C$)
Collar Ceiling (C$)
$4.07
$4.06
US Midwest
$5.46
$5.44
Fixed Price Hedges
Collars
Swaps
Hedged volumes as at November 6, 2023, including CPG and HHRS hedges.
Hedged production is a percentage of volume net of royalty interest. *TEP - Saskatchewan hub trades at a premium to AECO - current contract year premium ~$0.50/GJ.
AECO
Malin
Dawn
15
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