Crescent Point Energy’s Revenue Breakdown (2016-2023)

This statistic highlights Crescent Point Energy’s Revenue Breakdown, split across Commodity derivative gains (losses), Oil and gas revenue, and other income, and is reported quarterly from 2016 onwards.

Crescent Point Energy’s Revenue Breakdown:

(All figures in USD, except percentages)

In Q1 2023, Crescent point energy generated the highest revenue share from the oil and gas segment and the revenue has increased primarily due to the production volume of oil and gas and the commodity derivatives gains(losses) has been decreased as compared to Q4 2022 and it has contributed to 15% of its revenue share in Q1 2023.

Commodity derivative gains(losses)

Commodity derivatives are financial instruments that derive their value from underlying commodities such as oil, gas, metals, or agricultural products. If the company engages in commodity derivatives, its gain or losses would depend on the performance of the underlying commodities. For example, if the company holds a futures contract for oil and the price of oil increases, it will realize a gain. Conversely, if the price of oil decreases, they would experience a loss.

Oil and gas revenue

Oil and gas revenue refers to the income generated by a company from the sale of oil and gas products. This revenue is typically derived from various sources, including production, refining, exploration, and marketing of oil and gas resources.

Other income

Some common components of other income of company include:

• Interest income: This refers to the interest earned on investments or deposits the company holds, such as cash in bank accounts or short-term investments.
• Rental income: If the company leases out any of its properties, such as office spaces or land, the rental income received would be categorized as other income.
• Gain or Loss on Sale of Assets: This refers to any gains or losses resulting from the sale or disposal of long-term assets, such as property, plant, and equipment, or investments in other companies.
• Foreign exchange gains: If the company operates in multiple countries and deals with different currencies, it may generate gains from favorable exchange rate fluctuations when converting into currencies.
• Insurance proceeds: If the company receives insurance settlements for losses incurred from events such as property damage, business interruption, or liability claims, those proceeds may be included in other income.

About Crescent Point Energy Corp.

Crescent Point Energy Corp. is a Canadian oil and gas exploration and production company. It is engaged in the exploration, acquisition, development, and production of oil and natural gas reserves primarily in Western Canada. It was founded in 2001 and is headquartered in Calgary, Alberta, Canada. The company operates a diverse portfolio of high-quality, long-life resource plays with a focus on light and medium crude oil.

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