Laura Cillis - Crescent Point Independent Director

CPG Stock  CAD 11.65  0.10  0.85%   

Director

Ms. Laura A. Cillis is a Independent Director of the Company. Ms. Laura A. Cillis is an oil and gas executive with more than 25 years of leadership and financial experience in the oilfield services industry. Ms. Cillis is currently a director and member of the Audit Committee of Enbridge Income Fund Holdings Inc. and a director and member of the Audit, Finance and Risk Committee and chair of the Safety Reliability Committee of Enbridge Pipelines Inc. Ms. Cillis is also a director and member of the Governance and HR Committee of Solium Capital Inc. as well as chair of its Audit Committee. She previously served as Senior Vice President, Finance and Chief Financial Officer for Calfrac Well Services Ltd. from November 2008 to June 2013 since 2014.
Age 60
Tenure 10 years
Phone403-693-0020
Webhttps://www.crescentpointenergy.com
Cillis is a Chartered Professional Accountant, holds the ICD.D designation granted by the Institute of Corporationrationrationrate Directors and is a member of Financial Executives International. She also holds a Bachelor of Commerce degree from the University of Alberta.

Crescent Point Management Efficiency

The company has return on total asset (ROA) of 0.0684 % which means that it generated a profit of $0.0684 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1197 %, meaning that it generated $0.1197 on every $100 dollars invested by stockholders. Crescent Point's management efficiency ratios could be used to measure how well Crescent Point manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 380 M in total debt with debt to equity ratio (D/E) of 0.25, which may suggest the company is not taking enough advantage from borrowing. Crescent Point Energy has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Crescent Point until it has trouble settling it off, either with new capital or with free cash flow. So, Crescent Point's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Crescent Point Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Crescent to invest in growth at high rates of return. When we think about Crescent Point's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

David KriegerMEG Energy Corp
43
Richard MarcoglieseCenovus Energy
66
James McFarlandMEG Energy Corp
72
Trudy CurranBaytex Energy Corp
56
Dale ShwedBaytex Energy Corp
58
Frederick DymentARC Resources
69
Glenn McNamaraWhitecap Resources
66
Harvey DoerrMEG Energy Corp
59
Nancy SmithARC Resources
57
Herbert PinderARC Resources
72
Don HrapBaytex Energy Corp
59
Jane KinneyCenovus Energy
61
Ralph CunninghamCenovus Energy
73
Daniel FarbMEG Energy Corp
N/A
Valerie NielsenCenovus Energy
69
Gregory MelchinBaytex Energy Corp
65
David WizinskyMEG Energy Corp
52
Kathleen ONeillARC Resources
65
Naveen DarganBaytex Energy Corp
Helen KellyMEG Energy Corp
N/A
David PearceBaytex Energy Corp
64
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. The company was incorporated in 1994 and is headquartered in Calgary, Canada. CRESCENT POINT operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. It employs 748 people. Crescent Point Energy (CPG) is traded on Toronto Exchange in Canada and employs 777 people. Crescent Point is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Crescent Point Energy Leadership Team

Elected by the shareholders, the Crescent Point's board of directors comprises two types of representatives: Crescent Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Crescent. The board's role is to monitor Crescent Point's management team and ensure that shareholders' interests are well served. Crescent Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Crescent Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gerald Romanzin, Independent Director
Neil Smith, COO
John Dielwart, Independent Director
Trent Stangl, VP of Marketing and Investor Relations
Lisa Watson, VP Services
Shant Madian, Vice Markets
Francois Langlois, Independent Director
PEng BASc, Chief Officer
Ryan Gritzfeldt, Vice President - Engineering East
Derek Christie, Vice President - Geosciences
Ted Goldthorpe, Independent Director
Laura Cillis, Independent Director
Scott Saxberg, President CEO, Director
Craig Bryksa, President, Chief Executive Officer, Director
Gregory Tisdale, CFO
Mike Blair, VP Ventures
Shelly Witwer, Senior Development
Michael Politeski, Senior Treasurer
Gregory Turnbull, Non-Independent Director
Robert Heinemann, Independent Chairman of the Board
Kenneth Lamont, Vice President - Finance, Treasurer
Mike Jackson, Independent Director
Peter Bannister, Independent Chairman of the Board
Rene Amirault, Director
Scott Tuttle, Senior Vice President of Human Resources and Corporate Services
JENNIFER KOURY, Independent Director
Barbara Munroe, Independent Chairman of the Board
Garret Holt, Senior Vice President - Corporate Development
Steven Toews, Vice President - Engineering West
Sarfraz Somani, Manager Relations
Justin Foraie, VP Marketing
BCom BComm, Chief Officer
DHugh Gillard, Independent Director
James Craddock, Independent Director
Mark Eade, Senior Vice President, General Counsel and Corporate Secretary
Tamara MacDonald, Vice President - Land
Myron Stadnyk, Independent Director
Bradley Borggard, Senior Vice President, Corporate Planning and Capital Markets

Crescent Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Crescent Point a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crescent Point in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crescent Point's short interest history, or implied volatility extrapolated from Crescent Point options trading.

Pair Trading with Crescent Point

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crescent Point position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crescent Point will appreciate offsetting losses from the drop in the long position's value.

Moving together with Crescent Stock

  0.84ENB-PFC Enbridge Pref 11PairCorr
  0.79ENB-PFU Enbridge Pref LPairCorr

Moving against Crescent Stock

  0.88FLOW Flow Beverage CorpPairCorr
The ability to find closely correlated positions to Crescent Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crescent Point when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crescent Point - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crescent Point Energy to buy it.
The correlation of Crescent Point is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crescent Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crescent Point Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crescent Point can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Crescent Point Energy is a strong investment it is important to analyze Crescent Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Crescent Point's future performance. For an informed investment choice regarding Crescent Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Crescent Point Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Crescent Point Energy information on this page should be used as a complementary analysis to other Crescent Point's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Crescent Stock analysis

When running Crescent Point's price analysis, check to measure Crescent Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crescent Point is operating at the current time. Most of Crescent Point's value examination focuses on studying past and present price action to predict the probability of Crescent Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crescent Point's price. Additionally, you may evaluate how the addition of Crescent Point to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Please note, there is a significant difference between Crescent Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Crescent Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crescent Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.