CWV.V - Crown Point Energy Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.7000
+0.0300 (+4.48%)
At close: 12:43PM EDT
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Previous Close0.6700
Open0.7000
Bid0.7000 x 0
Ask0.7900 x 0
Day's Range0.7000 - 0.7000
52 Week Range0.3000 - 0.8600
Volume1,019
Avg. Volume8,238
Market Cap51.032M
Beta (3Y Monthly)0.43
PE Ratio (TTM)8.05
EPS (TTM)0.0870
Earnings DateMay 30, 2019
Forward Dividend & Yield0.05 (7.90%)
Ex-Dividend Date2019-09-12
1y Target Est1.00
  • Should You Like Crown Point Energy Inc.’s (CVE:CWV) High Return On Capital Employed?
    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.

  • Be Sure To Check Out Crown Point Energy Inc. (CVE:CWV) Before It Goes Ex-Dividend
    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...

  • How Much is Crown Point Energy Inc.'s (CVE:CWV) CEO Getting Paid?
    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.

  • Should You Consider Crown Point Energy Inc. (CVE:CWV)?
    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.

  • GlobeNewswire

    Crown Point Announces Stock Option Grant

    CALGARY, Alberta, April 03, 2019 -- TSX-V:  CWV: Crown Point Energy Inc. (the “Company”) announces that the board of directors of the Company has granted, pursuant to the.

  • GlobeNewswire

    Crown Point Announces Operating and Financial Results for the Three Months and Year Ended December 31, 2018

    Copies of the Company’s audited consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the year ended December 31, 2018 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. The SM a-1002 appraisal well produced a total of 189,429 bbls of 35 API gravity oil (gross) plus 572 bbls of basic sediment and water.

  • GlobeNewswire

    Crown Point Announces Reserve Information for the Year Ended December 31, 2018

    CALGARY, Alberta, March 06, 2019 -- (TSX-V:  CWV): Crown Point Energy Inc. (“Crown Point”, the “Company”, "we" or "our") today announced certain reserve information for the.

  • GlobeNewswire

    Crown Point's Partners Exercise Rights of First Refusal

    Crown Point Energy Inc. (CWV.V) ("Crown Point") is pleased to provide an update regarding its acquisition of St. Patrick Oil & Gas S.A. (formerly Apco Austral S.A.) ("SPOG"). Pursuant to the Joint Operating and Union Transitoria de Empresas Agreement governing the TDF Concessions (the "UTE Agreement"), SPOG's partners (each an "UTE Partner") had a right of first refusal ("ROFR") to acquire SPOG's Participating Interest in the TDF Concessions.  One of the UTE Partners disputed the validity of the ROFR notices issued by SPOG and the Vendor to the UTE Partners and, among other things, commenced arbitration proceedings against SPOG and the Vendor under the UTE Agreement in order to have an arbitration tribunal consider and rule on the dispute.

  • GlobeNewswire

    Crown Point Takes Steps to Implement Arbitration Award

    Crown Point Energy Inc. (CWV.V) ("Crown Point") announces that it has taken steps to implement the decision of the arbitration tribunal (the "Tribunal") formed to consider the claims made by Roch S.A. ("Roch") in respect of Crown Point's acquisition of St. Patrick Oil & Gas S.A. (formerly Apco Austral S.A.) (the "Company"). In June 2018, Crown Point acquired all of the issued and outstanding shares of the Company (the "Acquisition") from a third party (the "Vendor") for US$28.4 million of cash consideration (the "Base Price") plus applicable taxes plus up to US$9 million of contingent royalty payments.  The Company holds a 25.7796% participating interest (the "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").  US$27 million of the Base Price corresponded to the Company's Participating Interest in the TDF Concessions and the remaining amount corresponded to certain working capital items.

  • GlobeNewswire

    Arbitration Tribunal Releases Decision in respect of Apco Austral Acquisition

    Crown Point Energy Inc. (CWV.V) ("Crown Point" or the "Company") announces that a decision has been released by the arbitration tribunal (the "Tribunal") formed to consider the claims made by Roch S.A. ("Roch") in respect of the Company's acquisition of Apco Austral S.A. ("Apco Austral"). On June 7, 2018, the Company closed the acquisition (the "Acquisition") of all of the issued and outstanding shares of Apco Austral from Pluspetrol Resources Corporation ("Pluspetrol") for US$28.4 million of cash consideration plus up to US$9 million of contingent royalty payments.

  • GlobeNewswire

    Crown Point Announces Operating and Financial Results for the Three and Nine Months Ended September 30, 2018

    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, 2018 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. In the following discussion, the three and the nine months ended September 30, 2018 may be referred to as “Q3 2018” and “the September 2018 period”, respectively, and the comparative three and nine months ended September 30, 2017 may be referred to as “Q3 2017” and “the September 2017 period”, respectively.