Crescent Point Energy - M&A Summary and Business Overview

Oil/gas ExplorationCompany

Crescent Point Energy M&A Summary

Crescent Point Energy has acquired 18 companies, including 1 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 1 asset.

Crescent Point Energy’s largest acquisition to date was in 2015, when it acquired Legacy Oil + Gas for $1.2B. It’s largest disclosed sale occurred in 2020, when it sold Crescent Point Energy - Natural Gas Infrastructure Assets to Steel Reef Infrastructure for $500M. Crescent Point Energy has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include oil/gas exploration (94%) and energy services and equipment (7%).

Crescent Point Energy Business Overview

Where is Crescent Point Energy headquartered?

Crescent Point Energy is headquartered in Calgary, Alberta.

How many employees does Crescent Point Energy have?

Crescent Point Energy has 781 employees.

What sector is Crescent Point Energy in?

Crescent Point Energy is an oil/gas exploration company.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity16
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 8
  • M&A Advisors 3

Crescent Point Energy Corp.

2800, 111 - 5th Avenue SW,
Calgary, Alberta T2P 3Y6
Canada,
(403) 693-0020
www.crescentpointenergy.com

Crescent Point Energy Corp. is a oil and gas producer with assets strategically focused in properties comprised of high-quality, long-life, operated light and medium crude oil and natural gas reserves in western Canada.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 15 - 1 - - - 16
vol $6.9B $684M $7.6B
Sell (0.2/yr) # - 1 - - - - 1
vol $500M $500M
  17

Most Recent M&A

Company Date Value Type
Royal Dutch Shell plc - Kaybob Duvernay Assets 2021-02-17 684M CAD Divestiture
The Hague, Netherlands
Crescent Point Energy Corp. - Natural Gas Infrastructure Assets 2020-01-20 500M USD Divestiture
, Saskatchewan
Legacy Oil + Gas, Inc. 2015-06-30 1.2B CAD Add-on Acquisition
Calgary, Alberta · www.legacyoilandgas.com
T.Bird Oil Ltd. 2014-08-13 88M USD Add-on Acquisition
Estevan, Canada
Polar Star - Saskatchewan Viking oil assets 2014-06-12 334M USD Divestiture
, Saskatchewan
CanEra Energy Corp. 2014-04-23 836M CAD Add-on Acquisition
Calgary, Alberta · www.canera-ems.com
Ute Enery LLC 2012-11-02 861M USD Add-on Acquisition
Uinta basin, Utah
Cutpick Energy, Inc. 2012-06-20 425M USD Add-on Acquisition
Calgary, Alberta
Reliable Energy Ltd. 2012-03-15 99M USD Add-on Acquisition
Calgary, Alberta · www.reliableenergy.ca
Wild Stream Exploration, Inc. 2012-01-25 770M USD Add-on Acquisition
Calgary, Alberta · www.wildsr.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 15 (94%) 7.6B (100%) - -
Energy Services and Equipment 1 (6%) - - -
Infrastructure - - 1 (100%) 500M (100%)
Total 16 $7.6B 1 $500M

By Geo

State/Country Buy Value Sell Value
Canada 14 6.0B 1 500M
  Alberta 11 5.5B - -
  Saskatchewan 1 334M 1 500M
  British Columbia 1 121M - -
Netherlands 1 684M - -
United States 1 861M - -
  Utah 1 861M - -
Domestic 14 (88%) 6.0B (80%) 1 (100%) 500M (100%)
Cross-border 2 (13%) 1.5B (20%) - -
Total 16 $7.6B 1 $500M

Top M&A Advisors

Financial Deals
FirstEnergy Capital Corp.
3
BMO Capital Markets
3
Legal Deals
Gowling Lafleur Henderson LLP
1

Deal Values

buy # Total
> $1B 2 $2.3B
$100M to $1B 10 $5.1B
< $100M 2 $187M
TOTAL $7.6B
Largest Legacy Oil + Gas, Inc.
$1.2B (2015-06-30)
sell # Total
$100M to $1B 1 $500M
TOTAL $500M
Largest Crescent Point Energy Corp. - Natural Gas Infrastructure Assets
$500M (2020-01-20)

M&A Connections

Deals
Acquired from
Investor(s)
44%
7 (44%)
Strategic(s)
13%
2 (13%)
Divested to
Strategic(s)
100%
1 (100%)

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