Investor Presentaiton
CRESCENT POINT | CORPORATE PRESENTATION
Preliminary 2024 Budget
2024 Production (boe/d)
146,000 - 151,000 +40%
200,000 208,000
Revised preliminary 2024E production estimate to
200,000 208,000 boe/d (65% oil & liquids) based on
development capital expenditures of $1.45 - $1.55B,
including $400MM for the acquired assets
CPG
Pro Forma
2024 Development Capital Expenditures
2024E preliminary budget is expected to
generate $1.0 - $1.2B excess cash flow
with a leverage ratio of 1.1 - 1.2x D/CF by YE 2024
(US$75 US$80 WTI)
$1.45 $1.55B
$1.05 - $1.15B
+35%
CPG
Pro Forma
~80% of 2024 budget expected to be allocated to Alberta
Montney and Kaybob Duvernay with remaining capital
allocated to long-cycle assets in Saskatchewan
All figures are estimates. D/CF is equivalent to net debt to adjusted funds flow.
YE 2024 D/CF is based on 2024E production of 145,000 - 151,000 boe/d from CPG's existing assets and production of 56,000 boe/d from the acquired assets, US$75 - US$80/bbl WTI and $3.50/mcf AECO.
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