Crescent Point Energy (NYSE:CPG - Get Free Report) TSE: CPG will be issuing its quarterly earnings data before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Crescent Point Energy (NYSE:CPG - Get Free Report) TSE: CPG last posted its quarterly earnings results on Thursday, February 29th. The oil and gas producer reported $0.27 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.11). Crescent Point Energy had a return on equity of 13.27% and a net margin of 15.40%. The firm had revenue of $743.70 million for the quarter, compared to analyst estimates of $752.25 million. On average, analysts expect Crescent Point Energy to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Crescent Point Energy Stock Down 0.7 %
Shares of CPG traded down $0.06 during midday trading on Friday, reaching $8.65. The stock had a trading volume of 3,522,018 shares, compared to its average volume of 5,840,417. Crescent Point Energy has a 1-year low of $6.03 and a 1-year high of $9.28. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $5.36 billion, a price-to-earnings ratio of 12.36 and a beta of 2.17. The company's fifty day simple moving average is $8.20 and its two-hundred day simple moving average is $7.40.
Crescent Point Energy Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were given a $0.086 dividend. The ex-dividend date was Thursday, March 14th. This is a boost from Crescent Point Energy's previous quarterly dividend of $0.07. This represents a $0.34 dividend on an annualized basis and a yield of 3.98%. Crescent Point Energy's payout ratio is 48.57%.
About Crescent Point Energy
(
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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.
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