Craig Bryksa - Crescent Point President, Chief Executive Officer, Director

CPG Stock  CAD 11.75  0.06  0.51%   

CEO

Mr. Craig Bryksa is President, Chief Executive Officer, Director of the Company. Mr. Bryksa was appointed to President and Chief Executive Officer on September 5, 2018, and was promoted to interim President and Chief Executive Officer on May 29, 2018. Prior to his promotion, he was Vice President, Engineering West, and has held a number of senior management roles with Crescent Point since joining the company in 2006 as an Exploitation Engineer. Mr. Bryksa has directly overseen the development and operations of each of Crescent Points core assets, most recently the Shaunavon, Uinta Basin, North Dakota, Viking, Swan Hills, and other Alberta resource plays, including the East Shale Duvernay. Mr. Bryksa has spent 17 years as a professional engineer in the oil and gas industry, working with companies such as Enerplus Resources Fund and McDaniel and Associates Consultants since 2018.
Age 47
Tenure 6 years
Address 585 ?8th Avenue SW, Calgary, AB, Canada, T2P 1G1
Phone403-693-0020
Webhttps://www.crescentpointenergy.com
Bryksa is a member of the Association of Professional Engineers and Geoscientists of Alberta and Association of Professional Engineers and Geoscientists of Saskatchewan. He holds a Bachelor of Applied Science degree in petroleum systems engineering from the University of Regina.

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. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.10. At this time, Crescent Point's Intangibles To Total Assets are very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0.05, while Total Assets are likely to drop about 8.7 B.
The company has accumulated 380 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Crescent Point Energy has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Crescent Point until it has trouble settling it off, either with new capital or with free cash flow. So, Crescent Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crescent Point Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crescent to invest in growth at high rates of return. When we think about Crescent Point's use of debt, we should always consider it together with cash and equity.

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Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. The company was incorporated in 1994 and is headquartered in Calgary, Canada. CRESCENT POINT operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 748 people. Crescent Point Energy (CPG) is traded on Toronto Exchange in Canada and employs 777 people. Crescent Point is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crescent Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crescent Point's short interest history, or implied volatility extrapolated from Crescent Point options trading.

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.
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.
Pair CorrelationCorrelation Matching
When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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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Please note, there is a significant difference between Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.