Investor Presentaiton
CRESCENT POINT | CORPORATE PRESENTATION
Crescent Point At A Glance
Capital Markets Summary
Shares Outstanding
Market Capitalization
Net Debt
Enterprise Value
Prior
Pro Forma
525.1 million
625.3 million
$5.2 billion
$6.2 billion
$2.2 billion
$3.7 billion
$7.4 billion
$9.9 billion
2024 Preliminary Outlook
Annual Average Production
Development Capital Expenditures
Excess Cash Flow (US$75 - US$80 WTI)
YE D/CF (US$75 - US$80 WTI)
Return of Capital
200,000 208,000 boe/d
(~65% Liquids)
$1.45 $1.55 billion
$1.0-1.2 billion
1.1x - 1.2x
>20 Years of Premium Inventory
(~6,300 Premium & Additional Locations)
Alberta
Montney
8
Kaybob
Duvernay
Saskatchewan
О
Quarterly Base Dividend
(Expected to be declared in Q1 2024)
Total Return of Capital
(Base dividend, share repurchases & special dividend)
$0.115/share
(4.7% Yield)
-60%
(% of Excess Cash Flow)
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 acquisition of Hammerhead Energy Inc. ("HHRS") (the "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 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. Total inventory based on YE 2022 locations and includes locations
acquired in Kaybob Duvernay and Alberta Montney in 2023, less locations included in disposition of North Dakota assets which closed in Q4 2023. Premium inventory is based on management's estimates of established, delineated and well-defined
locations with an estimated payback period of less than two years. D/CF refers to YE 2024 net debt / funds flow.
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