trending Market Intelligence /marketintelligence/en/news-insights/trending/S7UKeKGcNs5XibThOT1Rrw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Crescent Point Energy closes sale of Uinta Basin, Saskatchewan assets

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Crescent Point Energy closes sale of Uinta Basin, Saskatchewan assets

Calgary, Alberta-based Crescent Point Energy Corp. closed the previously announced sale of its Uinta Basin assets and some of its conventional assets in southeastern Saskatchewan to undisclosed buyers for about C$912 million in cash.

The company said in an Oct. 18 news release that the divestment was in line with its strategy to focus its asset base and strengthen its balance sheet.

Crescent Point had said Sept. 3 that it would sell 27,000 barrels of oil equivalent per day of upstream assets, and the deals would improve its net debt to C$2.75 billion from C$4.40 billion by the end of the year. The deal would also help Crescent Point execute its share repurchase program, which has about C$100 million budgeted for the rest of the year.

BMO Capital Markets and CIBC Capital Markets served as financial advisers and Tudor Pickering Holt & Co. acted as strategic adviser for the Uinta Basin deal. National Bank Financial Inc. and Scotiabank acted as financial advisers for the Saskatchewan deals.