NYSE:CPG

Crescent Point Energy (CPG) Stock Price, News & Analysis

Today's Range
N/A
50-Day Range
$7.51
$9.24
52-Week Range
N/A
Volume
4.25 million shs
Average Volume
4.81 million shs
Market Capitalization
$5.32 billion
P/E Ratio
N/A
Dividend Yield
3.94%
Price Target
$13.81

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
∞ Upside
$13.81 Price Target
Short Interest
Healthy
2.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Crescent Point Energy in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.96%
From $1.04 to $1.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

Oils/Energy Sector

68th out of 242 stocks

Crude Petroleum & Natural Gas Industry

26th out of 78 stocks

CPG stock logo

About Crescent Point Energy Stock (NYSE:CPG)

Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.

CPG Stock News Headlines

Crescent Point Announces Q1 2024 Results
Crescent Point Confirms Quarterly Dividend
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
5/18/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
777
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.81
High Stock Price Target
$14.75
Low Stock Price Target
$13.00
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$422.48 million
Pretax Margin
6.89%

Debt

Sales & Book Value

Annual Sales
$2.59 billion
Book Value
$7.63 per share

Miscellaneous

Free Float
617,631,000
Market Cap
$5.32 billion
Optionable
Optionable
Beta
2.17
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Key Executives

  • Mr. Craig Bryksa (Age 47)
    President, CEO & Non-Independent Director
    Comp: $1.45M
  • Mr. Kenneth R. Lamont B.Com. (Age 65)
    BComm., C.A., Chief Financial Officer
    Comp: $914.79k
  • Mr. Ryan Chad Raymond Gritzfeldt BASc.
    P.Eng., Chief Operating Officer
  • Mr. Mark G. Eade
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Garret Holt
    Senior VP of Strategy & Planning
  • Sarfraz Somani
    Manager of Investor Relations
  • Ms. Shelly Witwer
    Senior Vice President of Business Development
  • Mr. Michael R. Politeski
    Senior Vice President of Finance & Treasurer

CPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Crescent Point Energy stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CPG shares.
View CPG analyst ratings
or view top-rated stocks.

What is Crescent Point Energy's stock price target for 2024?

4 Wall Street research analysts have issued twelve-month price objectives for Crescent Point Energy's shares. Their CPG share price targets range from $13.00 to $14.75. On average, they predict the company's share price to reach $13.81 in the next year.
View analysts price targets for CPG
or view top-rated stocks among Wall Street analysts.

Are investors shorting Crescent Point Energy?

Crescent Point Energy saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 12,110,000 shares, a decrease of 14.7% from the April 15th total of 14,190,000 shares. Based on an average trading volume of 5,900,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.1% of the shares of the company are sold short.
View Crescent Point Energy's Short Interest
.

When is Crescent Point Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our CPG earnings forecast
.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (NYSE:CPG) issued its quarterly earnings results on Thursday, February, 29th. The oil and gas producer reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.11. The oil and gas producer earned $743.70 million during the quarter, compared to analyst estimates of $752.25 million. Crescent Point Energy had a negative net margin of 1.95% and a positive trailing twelve-month return on equity of 12.92%.

How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy?

Crescent Point Energy declared a quarterly dividend on Friday, May 10th. Investors of record on Saturday, June 15th will be paid a dividend of $0.083 per share on Tuesday, July 2nd. This represents a $0.33 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for CPG
.

Is Crescent Point Energy a good dividend stock?

Crescent Point Energy (NYSE:CPG) pays an annual dividend of $0.34 per share and currently has a dividend yield of 3.94%.
Read our dividend analysis for CPG.

What is Craig Bryksa's approval rating as Crescent Point Energy's CEO?

10 employees have rated Crescent Point Energy Chief Executive Officer Craig Bryksa on Glassdoor.com. Craig Bryksa has an approval rating of 67% among the company's employees.

What other stocks do shareholders of Crescent Point Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Crescent Point Energy investors own include Baytex Energy (BTE), Lundin Mining (LUN), AltaGas (ALA), Energy Transfer (ET), Cenovus Energy (CVE), Enbridge (ENB), Bank of America (BAC), Coty (COTY) and AMC Entertainment (AMC).

Who are Crescent Point Energy's major shareholders?

Crescent Point Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Riverstone Holdings LLC (6.57%), Vanguard Group Inc. (3.69%), Principal Financial Group Inc. (0.57%), National Bank of Canada FI (0.36%), Invenomic Capital Management LP (0.34%) and Hartree Partners LP (0.28%).

How do I buy shares of Crescent Point Energy?

Shares of CPG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CPG) was last updated on 5/18/2024 by MarketBeat.com Staff

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