Derek Christie - Crescent Point Vice President - Geosciences
| CPG Stock | CAD 11.65 0.10 0.85% |
President
Mr. Derek Christie is Senior Vice President Exploration Geosciences of Crescent Point Energy Corporationration He is a Professional Geologist with over 27 years of experience across North America in both conventional and unconventional reservoir exploration and development. Derek is the Senior Vice President, Exploration Geosciences of Crescent Point, a role he has held with Crescent Point since February 2017. Prior to that, he was Vice President, Exploration Geosciences from November 2013 until February 2017 and Vice President, Geosciences for Crescent Point prior thereto. He was with Crescent Point since 2007 and has worked in the oil and gas industry since 1991, having held a variety of technical and management positions with companies including Shelter Bay, Mission Oil and Gas Inc., StarPoint Energy Ltd., Vintage Petroleum Canada Inc. and Rio Alto Exploration Ltd since 2017.
| Tenure | 7 years |
| Phone | 403-693-0020 |
| Web | https://www.crescentpointenergy.com |
Crescent Point Management Efficiency
The company has return on total asset (ROA) of 0.0684 % which means that it generated a profit of $0.0684 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1197 %, meaning that it generated $0.1197 on every $100 dollars invested by stockholders. Crescent Point's management efficiency ratios could be used to measure how well Crescent Point manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0684 |
Crescent Point Energy Leadership Team
Elected by the shareholders, the Crescent Point's board of directors comprises two types of representatives: Crescent Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crescent. The board's role is to monitor Crescent Point's management team and ensure that shareholders' interests are well served. Crescent Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Crescent Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gerald Romanzin, Independent Director | ||
| Neil Smith, COO | ||
| John Dielwart, Independent Director | ||
| Trent Stangl, VP of Marketing and Investor Relations | ||
| Lisa Watson, VP Services | ||
| Shant Madian, Vice Markets | ||
| Francois Langlois, Independent Director | ||
| PEng BASc, Chief Officer | ||
| Ryan Gritzfeldt, Vice President - Engineering East | ||
| Derek Christie, Vice President - Geosciences | ||
| Ted Goldthorpe, Independent Director | ||
| Laura Cillis, Independent Director | ||
| Scott Saxberg, President CEO, Director | ||
| Craig Bryksa, President, Chief Executive Officer, Director | ||
| Gregory Tisdale, CFO | ||
| Mike Blair, VP Ventures | ||
| Shelly Witwer, Senior Development | ||
| Michael Politeski, Senior Treasurer | ||
| Gregory Turnbull, Non-Independent Director | ||
| Robert Heinemann, Independent Chairman of the Board | ||
| Kenneth Lamont, Vice President - Finance, Treasurer | ||
| Mike Jackson, Independent Director | ||
| Peter Bannister, Independent Chairman of the Board | ||
| Rene Amirault, Director | ||
| Scott Tuttle, Senior Vice President of Human Resources and Corporate Services | ||
| JENNIFER KOURY, Independent Director | ||
| Barbara Munroe, Independent Chairman of the Board | ||
| Garret Holt, Senior Vice President - Corporate Development | ||
| Steven Toews, Vice President - Engineering West | ||
| Sarfraz Somani, Manager Relations | ||
| Justin Foraie, VP Marketing | ||
| BCom BComm, Chief Officer | ||
| DHugh Gillard, Independent Director | ||
| James Craddock, Independent Director | ||
| Mark Eade, Senior Vice President, General Counsel and Corporate Secretary | ||
| Tamara MacDonald, Vice President - Land | ||
| Myron Stadnyk, Independent Director | ||
| Bradley Borggard, Senior Vice President, Corporate Planning and Capital Markets |
Crescent Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Crescent Point a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0684 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 10.97 B | ||||
| Shares Outstanding | 619.95 M | ||||
| Shares Owned By Insiders | 0.49 % | ||||
| Shares Owned By Institutions | 47.25 % | ||||
| Number Of Shares Shorted | 7.66 M | ||||
| Price To Earning | 3.61 X |
Pair Trading with Crescent Point
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crescent Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crescent Point will appreciate offsetting losses from the drop in the long position's value.Moving together with Crescent Stock
| 0.84 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.79 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Crescent Stock
| 0.88 | FLOW | Flow Beverage Corp | PairCorr |
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crescent Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crescent Point Energy to buy it.
The correlation of Crescent Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crescent Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Crescent Stock analysis
When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
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