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S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving
S&P 500   3,998.84
DOW   33,947.10
QQQ   287.64
All the Cloud Storage You Need Is on Sale for the Holidays
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Tesla Shares Are Sliding, Here’s Why
Is Big Lots the Next Bed Bath & Beyond Disaster in the Making?
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Lockheed teams with Israel's Rafael on laser defense
Russian oil price cap, EU ban aim to limit Kremlin war chest
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
World Cup fans find booze at hotels, Qatar's 1 liquor store
3 Signs the Stock Market Outlook is Improving

Crescent Point Energy - CPG Stock Forecast, Price & News

$7.22
-0.40 (-5.25%)
(As of 12/5/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.19
$7.82
50-Day Range
$5.80
$8.59
52-Week Range
$4.11
$10.96
Volume
5.45 million shs
Average Volume
11.32 million shs
Market Capitalization
$4.02 billion
P/E Ratio
2.54
Dividend Yield
3.15%
Price Target
$14.60

Crescent Point Energy MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
102.2% Upside
$14.60 Price Target
Short Interest
Healthy
1.63% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-45.85%
From $2.53 to $1.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Oils/Energy Sector

61st out of 246 stocks

Crude Petroleum & Natural Gas Industry

29th out of 80 stocks

CPG stock logo

About Crescent Point Energy (NYSE:CPG) Stock

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.

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CPG Stock News Headlines

Crescent Point Energy Trust Units (NYSE: CPG)
Canadian Market Modestly Higher As Cannabis, Energy Stocks Rally
Is Baytex Energy (BTEGF) a Great Value Stock Right Now?
Crescent Point Energy: Moving Higher Seems Obvious
Crescent Point Energy Corp stock gained on Friday.
Crescent Point Announces Q2 2022 Results
Crescent Point Announces Q2 2022 Conference Call
Crescent Point Energy Corp stock dipped on Friday.
Crescent Point: Living On The Hedge
See More Headlines
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CPG Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 10/3 Dividend
9/14/2022
Dividend Payable
10/03/2022
Today
12/05/2022
Ex-Dividend for 1/3 Dividend
12/14/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
3/02/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
748
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.60
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$10.50
Forecasted Upside/Downside
+102.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
65.60%

Debt

Sales & Book Value

Annual Sales
$2.56 billion
Cash Flow
$1.70 per share
Book Value
$7.44 per share

Miscellaneous

Free Float
554,470,000
Market Cap
$4.02 billion
Optionable
Optionable
Beta
2.24

Key Executives

  • Mr. Craig Bryksa (Age 45)
    Pres, CEO & Non-Independent Director
    Comp: $1.15M
  • Mr. Kenneth R. Lamont B.Com. (Age 63)
    BComm., C.A., CA, Chief Financial Officer
    Comp: $827.05k
  • Mr. Ryan Chad Raymond Gritzfeldt BASc.
    P.Eng., Chief Operating Officer
  • Mr. Mark G. Eade
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Garret Holt
    Sr. VP of Corp. Devel.
  • Sarfraz Somani
    Mang. of Investor Relations
  • Mr. Justin Foraie
    VP of Engineering & Marketing
  • Ms. Lisa Watson
    VP of HR & Corp. Services
  • Mr. Shant Madian
    VP of Capital Markets
  • Mr. Mike Blair
    VP of Exploration & New Ventures













CPG Stock - Frequently Asked Questions

Should I buy or sell Crescent Point Energy stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 5 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 forecast for 2023?

5 brokers have issued 12-month price targets for Crescent Point Energy's stock. Their CPG share price forecasts range from $10.50 to $18.00. On average, they anticipate the company's stock price to reach $14.60 in the next year. This suggests a possible upside of 102.2% 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 2022?

Crescent Point Energy's stock was trading at $5.34 at the beginning of 2022. Since then, CPG shares have increased by 35.2% and is now trading at $7.22.
View the best growth stocks for 2022 here
.

When is Crescent Point Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our CPG earnings forecast
.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (NYSE:CPG) released its quarterly earnings data on Thursday, October, 28th. The oil and gas producer reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. The oil and gas producer had revenue of $673.67 million for the quarter, compared to analysts' expectations of $683.40 million. Crescent Point Energy had a net margin of 48.44% and a trailing twelve-month return on equity of 14.13%. During the same quarter in the previous year, the firm earned $0.10 EPS.

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 Wednesday, October 26th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.059 per share on Tuesday, January 3rd. This represents a $0.24 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Wednesday, 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 $0.24 per share and currently has a dividend yield of 3.15%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 17.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CPG.

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).

What is Crescent Point Energy's stock symbol?

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

Who are Crescent Point Energy's major shareholders?

Crescent Point Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.16%), Bank of Montreal Can (2.27%), Dimensional Fund Advisors LP (1.26%), Two Sigma Investments LP (1.25%), Two Sigma Advisers LP (0.84%) and CIBC Asset Management Inc (0.75%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Crescent Point Energy's stock price today?

One share of CPG stock can currently be purchased for approximately $7.22.

How much money does Crescent Point Energy make?

Crescent Point Energy (NYSE:CPG) has a market capitalization of $4.02 billion and generates $2.56 billion in revenue each year. The oil and gas producer earns $1.89 billion in net income (profit) each year or $2.84 on an earnings per share basis.

How many employees does Crescent Point Energy have?

The company employs 748 workers across the globe.

How can I contact Crescent Point Energy?

Crescent Point Energy's mailing address is 585-8th Avenue S.W. Suite 2000, Calgary A0, T2P 1G1. The official website for the company is www.crescentpointenergy.com. The oil and gas producer can be reached via phone at (403) 693-0020 or via fax at 403-693-0070.

This page (NYSE:CPG) was last updated on 12/6/2022 by MarketBeat.com Staff