Crescent Point Takes $2 Billion Writedown Amid Oil Swings

3 days ago … crescent point Energy Corp., the Canadian oil driller that fended off an activist … Crescent Point Has $2 Billion Writedown Amid Asset Sale Push. By … beat back activist investor Cation Capital's attempt to take over its board.

CALGARY (Bloomberg) — Crescent Point Energy, a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to account for higher financing costs a…

3 days ago … (Bloomberg) — Crescent Point Energy Corp., a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 …

Legacy Oil + Gas Inc., a small intermediate producer under pressure by an activist shareholder, has agreed to be purchased by Calgary major Crescent Point Energy Corp. for the equivalent of about …

Crescent Point Energy Corp., a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by $2.73 billion to account for higher financing costs amid volatile crude prices.

2019-03-07  · Crescent Point Energy, a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to account for higher financing costs amid …

The after-tax writedown reflects the fair value of the company's asset base "in the current commodity price and macro-economic environment," Calgary-based Crescent Point said Thursday in an investor presentation.

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Crescent Point … oil producer focused on Saskatchewan, wrote down the value of its assets by $2.73 billion to account for higher financing costs amid volatile crude prices. The after-tax …

(Bloomberg) — Crescent Point Energy Corp., a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to account for higher financing costs amid volatile crude prices.

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Crescent Point Energy Corp., the Canadian oil driller that … of its assets by C$2.73 billion ($2 billion) and is putting more holdings on the block as its new chief executive officer targets core op…

Crescent Point said that after the impairment, which led to a $2.4-billion fourth-quarter net loss, the company’s balance sheet better reflects the value of its oil and gas assets in the current weak …

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Crescent Point Energy Corp. has written down the value of its assets by $2.7-billion – an amount exceeding its market capitalization – as part of restructuring efforts launched late last year by its newly appointed chief executive officer. Crescent Point said that after the impairment, which led to a…

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CALGARY (Bloomberg) — Crescent Point Energy, a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to account for higher financing costs amid volatile crude prices. The after-tax write-down reflects the fair value of the company's asset…

3 days ago … Crescent Point Energy, a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to …

Crescent Point takes $2 billion write-down amid oil swings. crescent point energy wrote-down the value of its assets by $2 billion to account for higher financi [.

Mar 07, 2019 · Crescent Point Energy Corp., a Canadian oil producer focused on Saskatchewan, wrote down the value of its assets by C$2.73 billion ($2 billion) to account for higher financing costs amid volatile crude prices. The after-tax writedown reflects the fair value of the company's asset base "in the…