NYSE:CPG Crescent Point Energy (CPG) Stock Price, News & Analysis → “The Biggest Bubble of All Time” – Here’s What to Do. (From Chaikin Analytics) (Ad) Free CPG Stock Alerts $8.84 -0.01 (-0.11%) (As of 11:22 AM ET) Add Compare Share Share Today's Range$8.75▼$8.8750-Day Range$6.70▼$8.8752-Week Range$6.03▼$9.07Volume1.19 million shsAverage Volume5.76 million shsMarket Capitalization$5.48 billionP/E Ratio12.63Dividend Yield3.85%Price Target$13.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Crescent Point Energy alerts: Email Address Crescent Point Energy MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.6% Upside$13.75 Price TargetShort InterestHealthy2.60% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth6.84%From $1.17 to $1.25 Per ShareSee Full Details Hide Full Details 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.4.24 out of 5 starsOils/Energy Sector41st out of 234 stocksCrude Petroleum & Natural Gas Industry17th out of 73 stocks 3.5 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageCrescent Point Energy has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.60% of the float of Crescent Point Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Point Energy has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Crescent Point Energy has recently decreased by 29.05%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCrescent Point Energy is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Point Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 48.57%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 27.20% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPG. Previous Next 2.8 News and Social Media Coverage News SentimentCrescent Point Energy has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Crescent Point Energy this week, compared to 3 articles on an average week.Search Interest52 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.MarketBeat Follows10 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Point Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of Crescent Point Energy is held by insiders.Percentage Held by Institutions49.37% of the stock of Crescent Point Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Crescent Point Energy are expected to grow by 6.84% in the coming year, from $1.17 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 12.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 12.54, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.82.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin Analytics“The Biggest Bubble of All Time” – Here’s What to Do.Despite AI's incredible run-up in 2023, we're getting some conflicting messages. Analysts at JP Morgan warn that an "AI-driven bubble" could drag the entire stock market down. Folks at Morgan Stanley say AI hysteria is creating conditions like the dot-com collapse. Even AI leaders (the people who benefit the most!) are getting worried.Just click here. 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.Read More CPG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPG Stock News HeadlinesApril 25, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Crescent Point Energy Corp. Issued By Atb Cap Markets (NYSE:CPG)April 24, 2024 | americanbankingnews.comAtb Cap Markets Brokers Cut Earnings Estimates for Crescent Point Energy Corp. (NYSE:CPG)April 25, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItSee this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)April 16, 2024 | markets.businessinsider.comAnalysts Offer Insights on Energy Companies: Marathon Oil (MRO) and Crescent Point Energy (CPG)April 2, 2024 | investorplace.com7 Under-$10 Dividend Stocks Put on Your Radar in AprilApril 2, 2024 | msn.com‘It’s the centerpiece of Uptown’: The Crescent to add residential componentMarch 26, 2024 | finance.yahoo.comCrescent Point Energy Insiders Added CA$1.01m Of Stock To Their HoldingsMarch 26, 2024 | finance.yahoo.comIs Crescent Point Energy (CPG) Stock Undervalued Right Now?April 25, 2024 | Stansberry Research (Ad)“Retirement Secret” Showed 995% Gain Last Time We Shared ItSee this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)March 24, 2024 | msn.comVarcoe: Fine art of the name-change game as Crescent Point to become VerenMarch 21, 2024 | finanznachrichten.deCrescent Point Energy Corp.: Crescent Point Plans Name Change to VerenMarch 21, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Crescent Point Energy (CPG)March 21, 2024 | finance.yahoo.comCrescent Point Energy to Rebrand as Veren Inc.March 20, 2024 | financialpost.comCrescent Point is changing its name after CEO's overhaulMarch 20, 2024 | msn.comCrescent Point Energy Corp. plans to change company name to Veren Inc.March 20, 2024 | seekingalpha.comCPG:CA Crescent Point Energy Corp.March 17, 2024 | investorplace.comLow-Priced, High-Potential: 7 Cheap Stocks Under $10 to Try Your Luck WithMarch 16, 2024 | ca.finance.yahoo.comCPG Apr 2024 12.500 callMarch 9, 2024 | finance.yahoo.comIs It Smart To Buy Crescent Point Energy Corp. (TSE:CPG) Before It Goes Ex-Dividend?March 7, 2024 | prnewswire.comCrescent Point Receives Approval for Normal Course Issuer BidMarch 5, 2024 | investorplace.com7 Cheap Dividend Stocks to Grab for Under $20 This MarchMarch 5, 2024 | seekingalpha.comCrescent Point Energy Is Shifting From Transition To GrowthMarch 3, 2024 | finance.yahoo.comCrescent Point Energy (TSE:CPG) Is Increasing Its Dividend To CA$0.115March 2, 2024 | finance.yahoo.comCrescent Point Energy Full Year 2023 Earnings: Beats ExpectationsMarch 2, 2024 | seekingalpha.comCrescent Point Energy Corp (CPG) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | prnewswire.comCrescent Point Announces Filing of 2023 Annual Information Form and Form 40-FFebruary 29, 2024 | prnewswire.comCrescent Point Announces 2023 Results & ReservesSee More Headlines Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Today4/25/2024Next Earnings (Estimated)5/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:CPG CUSIPN/A CIK1545851 Webwww.crescentpointenergy.com Phone(403) 693-0020Fax403-693-0070Employees777Year FoundedN/APrice Target and Rating Average Stock Price Target$13.75 High Stock Price Target$14.75 Low Stock Price Target$13.00 Potential Upside/Downside+55.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.70 Trailing P/E Ratio12.63 Forward P/E Ratio7.56 P/E GrowthN/ANet Income$422.48 million Net Margins15.40% Pretax Margin33.01% Return on Equity13.27% Return on Assets7.78% Debt Debt-to-Equity Ratio0.46 Current Ratio0.76 Quick Ratio0.76 Sales & Book Value Annual Sales$2.59 billion Price / Sales2.11 Cash Flow$2.22 per share Price / Cash Flow3.99 Book Value$8.20 per share Price / Book1.08Miscellaneous Outstanding Shares619,490,000Free Float617,631,000Market Cap$5.48 billion OptionableOptionable Beta2.23 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Craig Bryksa (Age 47)President, CEO & Non-Independent Director Comp: $1.26MMr. Kenneth R. Lamont B.Com. (Age 65)BComm., C.A., Chief Financial Officer Comp: $828.05kMr. Ryan Chad Raymond Gritzfeldt BASc.P.Eng., Chief Operating OfficerMr. Mark G. EadeSenior VP, General Counsel & Corporate SecretaryMr. Garret HoltSenior VP of Strategy & PlanningSarfraz SomaniManager of Investor RelationsMr. Shant MadianVice President of Capital MarketsMs. Shelly WitwerSenior Vice President of Business DevelopmentMr. Michael R. PoliteskiSenior Vice President of Finance & TreasurerMore ExecutivesKey CompetitorsMagnolia Oil & GasNYSE:MGYSM EnergyNYSE:SMSasolNYSE:SSLNorthern Oil and GasNYSE:NOGEnerplusNYSE:ERFView All CompetitorsInstitutional OwnershipPenbrook Management LLCSold 24,600 shares on 4/18/2024Ownership: 0.077%Dixon Mitchell Investment Counsel Inc.Bought 4,920 shares on 4/18/2024Ownership: 0.001%DGS Capital Management LLCSold 20,064 shares on 4/15/2024Ownership: 0.005%Quadrature Capital LtdBought 1,680,900 shares on 3/25/2024Ownership: 0.271%Healthcare of Ontario Pension Plan Trust FundSold 400,000 shares on 3/21/2024Ownership: 0.145%View All Institutional Transactions CPG Stock Analysis - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 3 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? 3 equities research analysts have issued 12 month 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 56.6% 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 start of the year. Since then, CPG shares have increased by 26.7% and is now trading at $8.78. View the best growth stocks for 2024 here. Are investors shorting Crescent Point Energy? Crescent Point Energy saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 14,900,000 shares, a drop of 29.0% from the March 15th total of 21,000,000 shares. Based on an average trading volume of 5,810,000 shares, the short-interest ratio is currently 2.6 days. Approximately 2.6% of the company's shares 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 Friday, May 10th 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 data on Thursday, February, 29th. The oil and gas producer reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.38 by $0.11. The oil and gas producer earned $743.70 million during the quarter, compared to analysts' expectations of $752.25 million. Crescent Point Energy had a trailing twelve-month return on equity of 13.27% and a net margin of 15.40%. 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 Thursday, February 29th. Investors of record on Friday, March 15th will be paid a dividend of $0.086 per share on Monday, April 1st. This represents a $0.34 annualized dividend and a dividend yield of 3.92%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.07. 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 3.82%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 27.20% next year. This indicates that the company will be able to sustain or increase its dividend. 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 First Trust Natural Gas ETF (FCG), Virtus Real Asset Income ETF (VRAI), Dimensional International Small Cap Value ETF (DISV), Avantis International Small Cap Value ETF (AVDV), iShares International Small Cap Equity Factor ETF (ISCF), Schwab International Small-Cap Equity ETF (SCHC) and Dimensional International Small Cap ETF (DFIS).Avantis International Small Cap Equity ETF (AVDS). 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 a variety of retail and institutional investors. Top institutional investors include Penbrook Management LLC (0.08%), DGS Capital Management LLC (0.01%) and Dixon Mitchell Investment Counsel Inc. (0.00%). 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. 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