CWV.V - Crown Point Energy Inc.
| Previous Close | 0.2900 |
| Open | 0.2650 |
| Bid | 0.2150 x 0 |
| Ask | 0.2500 x 0 |
| Day's Range | 0.2150 - 0.2650 |
| 52 Week Range | 0.1700 - 0.8100 |
| Volume | 12,400 |
| Avg. Volume | 5,600 |
| Market Cap | 15.674M |
| Beta (5Y Monthly) | 1.60 |
| PE Ratio (TTM) | 7.68 |
| EPS (TTM) | 0.0280 |
| Earnings Date | Nov. 14, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec. 09, 2019 |
| 1y Target Est | N/A |
- GlobeNewswire
Crown Point Announces Reserve Information for the Year Ended December 31, 2019
TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company”, "we" or "our") today announced certain reserve information for the year ended December 31, 2019. Gaffney, Cline & Associates Inc. (“Gaffney Cline”), an independent qualified reserves auditor, audited the oil and natural gas reserves attributable to all of Crown Point’s properties as at December 31, 2019 based on forecast prices and costs and in accordance with National Instrument 51-101 ("NI 51-101") and the Canadian Oil and Gas Evaluation Handbook (the "COGE Handbook"). Gaffney Cline’s audit report (the "GCA Report") also presents the estimated net present value of future net revenue associated with Crown Point's reserves.
- GlobeNewswire
Crown Point Provides Operations Update
CALGARY, Alberta, March 27, 2020 (GLOBE NEWSWIRE) -- (CWV.V): Crown Point Energy Inc. (“Crown Point” or the “Company”) today provided an update regarding its operations at Tierra del Fuego ("TDF"). As previously reported, the main San Martin oil well producer, SM x-1001 began to produce some water in late January, 2020 and the water cut subsequently increased in early February to approximately 50% of the total fluid production from this well, which had averaged 1,470 (net 511) bopd from the upper Tobífera reservoir in December 2019. The production tests of the middle Tobífera section recovered formation water and the zones (1987-95 m and 2013-20 m) were abandoned.
- Simply Wall St.
Did Changing Sentiment Drive Crown Point Energy's (CVE:CWV) Share Price Down A Worrying 63%?
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
- GlobeNewswire
Crown Point Provides Update on Cerro de Los Leones Drilling Operations
CALGARY, Alberta, Dec. 04, 2019 (GLOBE NEWSWIRE) -- (CWV.V): Crown Point Energy Inc. (“Crown Point” or the “Company”) today provided an operations update on its drilling activities on the Cerro de Los Leones (“CLL”) exploration permit. As previously reported in our November 12, 2019 press release, two exploration wells had been scheduled to be drilling during Q3/Q4 2019 on the Company’s operated CLL exploration permit located in the Province of Mendoza (net working interest 100%). The first of these wells, SRM x-1001D, was drilled to a total vertical depth of 1333 meters and cased as a potential discovery on November 2, 2019 after well log analysis indicated a potential 5 meter hydrocarbon bearing zone in the Agua de la Piedra formation (middle Tertiary) between 1021-1026 meters true vertical depth.
- GlobeNewswire
Crown Point Announces Details of Return of Capital
Crown Point Energy Inc. (“Crown Point” or the “Company”) announces that further to the Company's news releases dated September 17, 2019 and November 15, 2019 announcing a return of capital to the Company's shareholders of US$0.185 per share (the "Return of Capital"), the Return of Capital will be distributed to shareholders pursuant to the TSX Venture Exchange's due bill trading policy.
- GlobeNewswire
Crown Point Announces Operating and Financial Results for the Three and Nine Months Ended September 30, 2019
TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or "we") today announced its operating and financial results for the three and nine months ended September 30, 2019. Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the three and nine months ended September 30, 2019 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com.
- GlobeNewswire
Crown Point to Proceed with Return of Capital
Crown Point Energy Inc. (“Crown Point” or the “Company”) is pleased to announce that its board of directors has determined to proceed with the previously announced special distribution to the holders (the "Shareholders") of the Company's common shares (the "Shares"). Crown Point will reduce the stated capital of its Shares by US$0.185 per Share to permit the Company to pay a special distribution to Shareholders in the amount of US$0.185 per Share, for a total special distribution of approximately US$13.5 million (collectively, the "Return of Capital").
- Simply Wall St.
Why Dividend Hunters Love Crown Point Energy Inc. (CVE:CWV)
Is Crown Point Energy Inc. (CVE:CWV) a good dividend stock? How can we tell? Dividend paying companies with growing...
- Simply Wall St.
Should You Like Crown Point Energy Inc.’s (CVE:CWV) High Return On Capital Employed?
Today we'll evaluate Crown Point Energy Inc. (CVE:CWV) to determine whether it could have potential as an investment...
- GlobeNewswire
Crown Point to Seek Shareholder Approval for Return of Capital
Crown Point Energy Inc. (“Crown Point” or the “Company”) announces that its board of directors (the "Board") has determined to seek the approval of the holders (the "Shareholders") of its common shares ("Shares") to reduce the stated capital of its Shares by up to US$0.185 per Share (up to approximately US$13.5 million in aggregate) to permit the Company to pay a special distribution to shareholders (collectively, the "Return of Capital"). At June 30, 2019, the Company had working capital of approximately US$18 million, the majority of which was derived from the sale by the Company in April 2019 of a 16.8251% participating interest in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina. In light of the Company's strong cash flows, this is considerably more working capital than the Company requires to fund its ongoing operations.
- Simply Wall St.
Be Sure To Check Out Crown Point Energy Inc. (CVE:CWV) Before It Goes Ex-Dividend
Crown Point Energy Inc. (CVE:CWV) stock is about to trade ex-dividend in 3 days time. This means that investors who...
- Simply Wall St.
How Much is Crown Point Energy Inc.'s (CVE:CWV) CEO Getting Paid?
Brian Moss has been the CEO of Crown Point Energy Inc. (CVE:CWV) since 2016. First, this article will compare CEO...
- GlobeNewswire
Crown Point Announces Operating and Financial Results for the Three and Six Months Ended June 30, 2019
Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the three and six months ended June 30, 2019 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com.
- GlobeNewswire
Crown Point Energy Declares Regular Third Quarter Dividend and Special Dividend
Crown Point Energy Inc. (CWV.V) (“Crown Point” or the “Company”) is pleased to announce that its board of directors has declared a regular third quarter cash dividend on its common shares of US$0.01 per common share and a special cash dividend on its common shares of US$0.015 per common share, for a total cash dividend of US$0.025 per common share. The regular quarterly dividend and the special dividend will both be payable on September 30, 2019 to shareholders of record at the close of business on September 13, 2019. The dividends are each designated as an “eligible dividend” for Canadian income tax purposes.
- Simply Wall St.
Should You Consider Crown Point Energy Inc. (CVE:CWV)?
Attractive stocks have exceptional fundamentals. In the case of Crown Point Energy Inc. (CVE:CWV), there's is a...
- GlobeNewswire
Crown Point Announces Adoption of Quarterly Dividend Program and Declaration of Inaugural Dividend
In this regard, the board of directors has declared the Company’s first quarterly cash dividend on the common shares of US$0.01 per share for the second quarter of 2019. The dividend will be paid on July 15, 2019 to shareholders of record at the close of business on June 28, 2019. This dividend is designated as an “eligible dividend” for Canadian income tax purposes. Crown Point Energy Inc. is an international oil and gas exploration and development company headquartered in Calgary, Canada, incorporated in Canada, trading on the TSX Venture Exchange and operating in South America. Crown Point’s exploration and development activities are focused in two of the largest producing basins in Argentina, the Austral basin in the province of Tierra del Fuego and the Neuquén basin in the province of Mendoza.
- GlobeNewswire
Crown Point Announces Operating and Financial Results for the Three Months Ended March 31, 2019
Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the three months ended March 31, 2019 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com.
- GlobeNewswire
Crown Point Completes Sale of a 16.8251% Participating Interest in Exploitation Concessions in Tierra del Fuego, Argentina
Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to announce that its wholly-owned subsidiary, St. Patrick Oil & Gas S.A. (formerly named Apco Austral S.A.) ("St. Patrick"), has completed the sale (the "Disposition") to its joint venture partners (the "Purchasers") of a 16.8251% participating interest in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina (the "TDF Concessions"). As a result of the Disposition, Crown Point's participating interest in the TDF Concessions has decreased from 51.56% to 34.7349%. St. Patrick received US$13.5 million in cash (the "Base Price") as consideration for the Disposition, and will also receive certain contingent consideration (the "Additional Consideration"). The Base Price was paid free and clear of any deduction, discounts, withholdings and any applicable taxes (other than any stamp taxes that apply, which will be shared equally between St. Patrick and the Purchasers, and other than any applicable taxes arising from any amount payable on account of the Additional Consideration).
- GlobeNewswire
Crown Point Signs Agreement to Sell a Portion of its Participating Interest in Exploitation Concessions in Tierra del Fuego, Argentina Pursuant to Exercise of ROFRs
Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to announce that its wholly-owned subsidiary, St. Patrick Oil & Gas S.A. (formerly named Apco Austral S.A.) ("St. Patrick"), has entered into an agreement with its partners to sell a portion of its participating interest in the Rio Cullen, Las Violetas and La Angostura hydrocarbon exploitation concessions located in the Tierra del Fuego region of the Austral basin in southern Argentina (the "TDF Concessions"). In June 2018, Crown Point acquired St. Patrick (the "Acquisition") from a third party (the "Vendor") for US$28.4 million of cash consideration plus up to US$9 million of contingent royalty payments pursuant to a royalty agreement (the “Royalty Agreement”) during a ten-year period commencing on January 1, 2018 (the “Royalty Period”). In addition, Crown Point paid US$4.4 million of withholding taxes to Argentine tax authorities in connection with the Acquisition. St. Patrick holds a 25.7796% participating interest in the TDF Concessions. Following the completion of the Acquisition, Crown Point and its subsidiaries collectively hold a 51.56% participating interest in the TDF Concessions.
