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Investor Presentaiton

CRESCENT POINT | CORPORATE PRESENTATION Pro Forma Capital Markets Summary & Guidance Capital Markets Summary CPG (TSX and NYSE) Share Price Shares Outstanding Avg. Daily Trading Volume Dividend Yield Market Capitalization Net Debt Enterprise Value C$9.86/US$7.17 2024 Preliminary Guidance Prior Po Forma Prior C$9.86/US$7.17 Annual Avg. Production (mboe/d)(1) 145-151 Pro Forma 200-208 525.1 million 625.5 million Capital Expenditures 8.3 million 8.5 million Development Capital Expenditures ($MM) Capitalized Administration ($MM) $1,050 $1,150 $1,450 $1,550 $40 $40 3.6% 4.7% Total ($MM) (2) $1,090 $1,190 $1,490 $1,590 $5.2 billion $6.2 billion $2.2 billion $7.4 billion $3.7 billion $9.9 billion Prior dividend yield is based on quarterly base dividend of $0.10/share and pro forma dividend yield based on first quarter 2024 base dividend of $0.115/share, which is subject to Board approval upon the successful closing of the Alberta Montney Transaction and market conditions. Pro forma capital markets data as at November 7, 2023 pro forma Alberta Montney Transaction and bought deal offering which closed on November 10, 2023. Prior net debt as at September 30, 2023 net debt pro forma the close of the North Dakota disposition which closed subsequent to the quarter. Prior market capitalization and enterprise value are based on November 7, 2023 share price and October 24, 2023 share count. Return of Capital Outlook 1) The revised annual average production (boe/d) is comprised of -65% Oil, Condensate & NGLs and -35% Natural Gas. Assumes production of 56,000 boe/d (50% oil and liquids) for the assets acquired as part of the Transaction 2) Land expenditures and net property acquisitions and dispositions are not included. Revised development capital expenditures are allocated as follows: ~90% drilling & development and -10% facilities & seismic 2024 Funds Flow Sensitivities Quarterly Base Dividend (Expected to be declared in Q1 2024) Total Return of Capital (Base dividend, share repurchases & special dividend) The planned quarterly base dividend increase to $0.115 per share is subject to approval from the Board of Directors, the successful closing of the Transaction and market conditions. This dividend increase is expected to be effective in connection with the first quarter 2024 dividend. Total return of capital is based on a framework that targets to return to shareholders approximately 60% of excess cash flow $0.115/share (4.7% Yield) -60% US$1/bbl Change in WTI $0.25/mcf Change in AECO ~$60 million ~$35 million (% of Excess Cash Flow) $0.01 Change in CAD/USD FX -$50 million 24
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