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 announced a dividend on Thursday, October 31st. Stockholders of record on Sunday, December 15th will be paid a dividend of $0.008 per share on Thursday, January 2nd. The ex-dividend date is Thursday, December 12th. View Crescent Point Energy's Dividend History.

Crescent Point Energy Corp (NYSE:CPG) announced its quarterly earnings data on Thursday, August, 11th. The oil and gas producer reported $0.03 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.10. The oil and gas producer had revenue of $501.04 million for the quarter, compared to analyst estimates of $523.98 million. Crescent Point Energy had a negative net margin of 73.75% and a positive return on equity of 4.85%. 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 brokerages have issued twelve-month price targets for Crescent Point Energy's stock. Their forecasts range from $4.06 to $9.50. On average, they anticipate Crescent Point Energy's share price to reach $6.61 in the next twelve months. This suggests a possible upside of 72.6% 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.

News articles about CPG stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog 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 media sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the near term. View News Stories for Crescent Point Energy.

Crescent Point Energy saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 18,790,000 shares, a drop of 5.3% from the November 14th total of 19,850,000 shares. Based on an average trading volume of 2,920,000 shares, the short-interest ratio is presently 6.4 days. Approximately 3.5% of the shares of the stock are short sold. View Crescent Point Energy's Current Options Chain.

Some companies that are related to Crescent Point Energy include Apache (APA), Cabot Oil & Gas (COG), Parsley Energy (PE), Encana (ECA), Cimarex Energy (XEC), WPX Energy (WPX), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), Vermilion Energy (VET), EQT (EQT), Kosmos Energy (KOS), ARC Resources (AETUF) 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 institutional and retail investors. Top institutional shareholders 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 purchased 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 $3.83.

Crescent Point Energy has a market capitalization of $2.10 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.