NYSE:CPG - Crescent Point Energy Stock Price, Forecast & News

Crescent Point Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPG."

Crescent Point Energy declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Sunday, September 15th will be paid a dividend of $0.008 per share on Tuesday, October 1st. This represents a $0.03 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Thursday, September 12th. This is an increase from Crescent Point Energy's previous quarterly dividend of $0.01. View Crescent Point Energy's Dividend History.

Crescent Point Energy Corp (NYSE:CPG) posted its earnings results on Thursday, August, 11th. The oil and gas producer reported $0.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.07) by $0.10. The oil and gas producer had revenue of $501.04 million for the quarter, compared to the consensus estimate of $523.98 million. Crescent Point Energy had a positive return on equity of 4.85% and a negative net margin of 73.75%. View Crescent Point Energy's Earnings History.

Crescent Point Energy is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Crescent Point Energy.

7 brokers have issued 1-year target prices for Crescent Point Energy's shares. Their forecasts range from $4.06 to $9.50. On average, they expect Crescent Point Energy's stock price to reach $6.61 in the next twelve months. This suggests a possible upside of 83.7% from the stock's current price. View Analyst Price Targets for Crescent Point Energy.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crescent Point Energy.

Press coverage about CPG stock has trended neutral on Friday, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crescent Point Energy earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Crescent Point Energy.

Crescent Point Energy saw a increase in short interest in November. As of November 15th, there was short interest totalling 19,990,000 shares, an increase of 18.3% from the October 31st total of 16,900,000 shares. Based on an average daily volume of 2,840,000 shares, the days-to-cover ratio is currently 7.0 days. Currently, 3.7% of the company's stock are short sold. View Crescent Point Energy's Current Options Chain.

Some companies that are related to Crescent Point Energy include Cabot Oil & Gas (COG), Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), Black Stone Minerals (BSM), Vermilion Energy (VET), EQT (EQT), ARC Resources (AETUF), Tellurian (TELL) and Matador Resources (MTDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crescent Point Energy investors own include Baytex Energy (BTE), Lundin Mining (LUN), Encana (ECA), Altagas (ALA), Bank of America (BAC), Cenovus Energy (CVE), Baytex Energy (BTE), Whitecap Resources (WCP), Lam Research (LRCX) and Bausch Health Companies (BHC).

Crescent Point Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Lincluden Management Ltd. (2.00%), Russell Investments Group Ltd. (1.15%), Man Group plc (0.83%), CIBC Asset Management Inc (0.64%), Alberta Investment Management Corp (0.36%) and Caymus Capital Partners L.P. (0.15%).

CPG stock was sold by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Millennium Management LLC, Lincluden Management Ltd., K.J. Harrison & Partners Inc, Hexavest Inc., ARP Americas LP, Barclays PLC and Boston Partners.

CPG stock was acquired by a variety of institutional investors in the last quarter, including Man Group plc, Russell Investments Group Ltd., Alberta Investment Management Corp, Caymus Capital Partners L.P., Cerebellum GP LLC, Cerebellum GP LLC, Sumitomo Mitsui Trust Holdings Inc. and Voloridge Investment Management LLC.

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

One share of CPG stock can currently be purchased for approximately $3.60.

Crescent Point Energy has a market capitalization of $1.97 billion and generates $3.00 billion in revenue each year. The oil and gas producer earns $-2,018,940,000.00 in net income (profit) each year or $0.33 on an earnings per share basis. Crescent Point Energy employs 1,004 workers across the globe.View Additional Information About Crescent Point Energy.

The official website for Crescent Point Energy is http://www.crescentpointenergy.com/.

Crescent Point Energy's mailing address is 585-8th Avenue S.W. Suite 2000, Calgary A0, T2P 1G1. The oil and gas producer can be reached via phone at 403-693-0020.