NYSE:CPGCrescent Point Energy Stock Price, Forecast & News

Crescent Point Energy's stock was trading at $1.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CPG stock has increased by 47.2% and is now trading at $1.56. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Crescent Point Energy.

Crescent Point Energy is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Crescent Point Energy.

Crescent Point Energy Corp (NYSE:CPG) issued its earnings results on Wednesday, May, 6th. The oil and gas producer reported ($4.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $4.49. The oil and gas producer had revenue of $408.90 million for the quarter, compared to the consensus estimate of $450.65 million. Crescent Point Energy had a positive return on equity of 5.14% and a negative net margin of 108.19%. View Crescent Point Energy's earnings history.

Crescent Point Energy announced a dividend on Thursday, October 31st. Stockholders of record on Sunday, December 15th will be given 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.

8 brokers have issued 12-month price targets for Crescent Point Energy's shares. Their forecasts range from $1.25 to $9.50. On average, they expect Crescent Point Energy's share price to reach $3.78 in the next year. This suggests a possible upside of 142.4% from the stock's current price. View analysts' price targets for Crescent Point Energy.

News articles about CPG stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Crescent Point Energy earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Crescent Point Energy.

Crescent Point Energy saw a decline in short interest in June. As of June 30th, there was short interest totaling 14,680,000 shares, a decline of 9.8% from the June 15th total of 16,280,000 shares. Based on an average trading volume of 2,590,000 shares, the days-to-cover ratio is presently 5.7 days. Currently, 2.8% of the shares of the company are short sold. View Crescent Point Energy's Current Options Chain.

Some companies that are related to Crescent Point Energy include WPX Energy (WPX), Cimarex Energy (XEC), Ovintiv (OVV), Murphy Oil (MUR), Range Resources (RRC), Magnolia Oil & Gas (MGY), CNX Resources (CNX), Viper Energy Partners (VNOM), Southwestern Energy (SWN), PDC Energy (PDCE), Black Stone Minerals (BSM), ARC Resources (AETUF), Matador Resources (MTDR), Comstock Resources (CRK) and Enerplus (ERF). View all competitors.

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), Cenovus Energy (CVE), Enbridge (ENB), Energy Transfer LP Unit (ET), Bank of America (BAC), Vermilion Energy (VET) and Bausch Health Companies (BHC).

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

Crescent Point Energy's stock is owned by many different retail and institutional investors. Top institutional shareholders include MERIAN GLOBAL INVESTORS UK Ltd (0.30%).

CPG stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd.

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 $1.56.

Crescent Point Energy has a market capitalization of $825.71 million and generates $2.51 billion in revenue each year. The oil and gas producer earns $-778,700,000.00 in net income (profit) each year or $0.54 on an earnings per share basis. Crescent Point Energy employs 1,004 workers across the globe.

The official website for Crescent Point Energy is 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.