Crescent Point Energy selling $600M of assets to Saturn Oil & Gas

CALGARY — Crescent Point Energy Corp. says it has signed a $600-million deal to sell some of its oil-producing properties in Saskatchewan to Saturn Oil & Gas.

As a result of the deal, Crescent Point is revising its 2024 annual average production guidance to a range of 191,000 to 199,000 boe/d, a reduction of 7,000 boe/d compared with the midpoint of its prior guidance range. Buy TD Bank stock and another bank as they crash further into the abyss. The post Big Bank Bull Run? 2 Canadian Bank Stocks Overdue for a Rally appeared first on The Motley Fool Canada.Want a great growth stock to buy and hold for decades? You may want to consider this ridiculously undervalued growth stock. The post 1 Ridiculously Undervalued Growth Stock Down 65% to Buy Hand Over Fist appeared first on The Motley Fool Canada.

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