CALGARY, AB , Dec. 4, 2020 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX andNYSE: CPG ) is pleased to announce its formal 2021 capital expenditures budget and production guidance.
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"We remained disciplined and flexible throughout 2020 and, as a result of our efforts, we are on track to execute our annual program on budget with net debt reduction of approximately $600 million during the year," said Craig Bryksa , President and CEO of Crescent Point. "Our plans for 2021 remain aligned with our returns based capital allocation framework, with a continued focus on further enhancing our balance sheet strength and sustainability.
While you're here, how about this:
Energy services finance leader: We had to manage cash in a crisis - FM
Editor's note: This article is part of " A Year of Evolution: CFOs on 2021 " series featuring insights from finance leaders across industries, and their COVID-19 lessons and 2021 plans. To receive weekly updates on this series, sign up for our CGMA Advantage newsletter.
Japheth Jev, ACMA, CGMA, is the CFO at Triumph Power and Gas Systems Limited, an energy servicing company based in Lagos, Nigeria. The company has 102 employees and $1.3 billion in annual revenue and provides support services such as generators, turbines, and marine equipment to global oil and gas companies operating in Nigeria.
Crescent Point Energy sets defensive capital spending budget for 2021 | Times Colonist
Boeing sells 75 more 737 MAX jets to budget airline Ryanair | Fox Business
The Federal Aviation Administration has rescinded its grounding order for Boeing's 737 Max jet; FOX Business Grady Trimble with more.
Boeing has signed its first order for 737 MAX jets since the Federal Aviation Administration cleared the planes to fly again last month, the company announced Thursday.
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European budget airline Ryanair placed “a firm order” for 75 more of the jets, bringing its total order to 210 of them.
While you're here, how about this:
What's Ahead for NYC? Maybe a Budget 'Nightmare Scenario'
Over the summer, Mayor Bill de Blasio made a virtual pilgrimage to testify before an antique government body , the New York State Financial Control Board. Created decades ago, in the depths of the 1970s fiscal crisis, the control board once dominated the city's government with a tight fist. Today, to the extent it is remembered at all, it is widely presumed to be defunct. But the entity still exists in a dormant state, like Godzilla sleeping at the bottom of the ocean.
The control board now typically convenes just once a year, for a simple review of the city's finances. It is usually a perfunctory ritual, but this August's meeting was different. Governor Andrew Cuomo, in a move that caused a ripple of municipal intrigue, had just appointed three new members to the board, including a trusted former top aide, and there were rumblings that the monster was stirring. Cuomo's budget director, Robert Mujica, opened the Zoom with dire deficit projections.
Michigan Senate approves tax breaks in the face of a looming budget deficit | Michigan |
Scott McClallen is a staff writer covering Michigan and Minnesota for The Center Square. A graduate of Hillsdale College, his work has appeared on Forbes.com and FEE.org. Previously, he worked as a financial analyst at Pepsi.
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