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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
AI Stock Caught Trading Under Secret Name (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
AI Stock Caught Trading Under Secret Name (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
AI Stock Caught Trading Under Secret Name (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NYSE:CPG

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

$7.05
-0.07 (-0.98%)
(As of 02/23/2024 ET)
Today's Range
$6.97
$7.08
50-Day Range
$6.14
$7.21
52-Week Range
$5.59
$8.59
Volume
5.25 million shs
Average Volume
5.35 million shs
Market Capitalization
$4.37 billion
P/E Ratio
N/A
Dividend Yield
4.11%
Price Target
$13.75

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
95.0% Upside
$13.75 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.30mentions of Crescent Point Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.14) to $1.06 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.

3.88 out of 5 stars

Oils/Energy Sector

71st out of 240 stocks

Crude Petroleum & Natural Gas Industry

36th out of 75 stocks


CPG stock logo

About Crescent Point Energy Stock (NYSE:CPG)

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. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana. The company was incorporated in 1994 and is headquartered in Calgary, Canada.

CPG Stock Price History

CPG Stock News Headlines

Crescent Point Energy (CPG) Set to Announce Earnings on Thursday
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Crescent Point to Host Investor Day
Crescent Point to Host Investor Day
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Crescent Point Energy price target lowered by C$0.50 at Stifel
Crescent Point Energy price target lowered by C$1 at BMO Capital
Earnings Preview: Crescent Point Energy
See More Headlines
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Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/2 Dividend
12/14/2023
Dividend Payable
1/02/2024
Today
2/23/2024
Next Earnings (Confirmed)
2/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
768
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.75
High Stock Price Target
$14.75
Low Stock Price Target
$13.00
Potential Upside/Downside
+95.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$1.14 billion
Pretax Margin
-0.98%

Debt

Sales & Book Value

Annual Sales
$3.46 billion
Cash Flow
$2.69 per share
Book Value
$9.06 per share

Miscellaneous

Free Float
618,286,000
Market Cap
$4.37 billion
Optionable
Optionable
Beta
2.23
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Key Executives

  • Mr. Craig Bryksa (Age 47)
    President, CEO & Non-Independent Director
    Comp: $1.26M
  • Mr. Kenneth R. Lamont B.Com. (Age 65)
    BComm., C.A., Chief Financial Officer
    Comp: $826.74k
  • 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
  • Mr. Shant Madian
    Vice President of Capital Markets
  • 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 equities 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 equities 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 analysts have issued 1-year price objectives for Crescent Point Energy's stock. Their CPG share price targets range from $13.00 to $14.75. On average, they expect the company's share price to reach $13.75 in the next twelve months. This suggests a possible upside of 95.0% from the stock's current price.
View analysts price targets for CPG
or view top-rated stocks among Wall Street analysts.

How have CPG shares performed in 2024?

Crescent Point Energy's stock was trading at $6.93 at the beginning of the year. Since then, CPG shares have increased by 1.7% and is now trading at $7.05.
View the best growth stocks for 2024 here
.

Are investors shorting Crescent Point Energy?

Crescent Point Energy saw a decrease in short interest during the month of January. As of January 31st, there was short interest totaling 9,580,000 shares, a decrease of 7.4% from the January 15th total of 10,340,000 shares. Based on an average daily trading volume, of 4,900,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.6% of the company's shares are short sold.
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 Thursday, February 29th 2024.
View our CPG earnings forecast
.

How can I listen to Crescent Point Energy's earnings call?

Crescent Point Energy will be holding an earnings conference call on Thursday, February 29th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (NYSE:CPG) released its earnings results on Thursday, October, 28th. The oil and gas producer reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The oil and gas producer earned $673.67 million during the quarter, compared to analyst estimates of $683.40 million. Crescent Point Energy had a negative net margin of 23.83% and a positive trailing twelve-month return on equity of 13.34%. During the same quarter last year, the company posted $0.10 EPS.

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

Crescent Point Energy announced a quarterly dividend on Thursday, November 2nd. Investors of record on Friday, December 15th will be given a dividend of $0.072 per share on Tuesday, January 2nd. This represents a $0.29 annualized dividend and a yield of 4.09%. The ex-dividend date is Thursday, December 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 $0.29 per share and currently has a dividend yield of 4.20%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for CPG.

What ETFs hold Crescent Point Energy's stock?

ETFs with the largest weight of Crescent Point Energy (NYSE:CPG) stock in their portfolio include Dimensional International Small Cap Value ETF (DISV).iShares International Small Cap Equity Factor ETF (ISCF).

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 (6.73%), Franklin Resources Inc. (4.18%), Vanguard Group Inc. (3.29%), Ninepoint Partners LP (3.06%), CIBC Asset Management Inc (1.97%) and Dimensional Fund Advisors LP (1.56%).

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 2/24/2024 by MarketBeat.com Staff