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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
What’s At Stake In April is Shocking (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
What’s At Stake In April is Shocking (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
What’s At Stake In April is Shocking (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
What’s At Stake In April is Shocking (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
What’s At Stake In April is Shocking (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
What’s At Stake In April is Shocking (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
What’s At Stake In April is Shocking (Ad)pixel
UK travelers face hours-long waits for ferries to France
'War of the states': EV, chip makers lavished with subsidies
What’s At Stake In April is Shocking (Ad)pixel
Gas prices increase in NJ, around nation amid higher demand
Lanterns and crescents: more retailers court Ramadan buyers
What’s At Stake In April is Shocking (Ad)pixel
Shipbuilder Austal executives accused of inflating earnings
No more room for vroom? Paris votes on banishing e-scooters

Crescent Point Energy - CPG Stock Forecast, Price & News

$7.06
+0.11 (+1.58%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$6.97
$7.10
50-Day Range
$5.81
$7.55
52-Week Range
$5.51
$10.96
Volume
3.64 million shs
Average Volume
7.50 million shs
Market Capitalization
$3.87 billion
P/E Ratio
3.50
Dividend Yield
4.11%
Price Target
$14.75

Crescent Point Energy MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
108.9% Upside
$14.75 Price Target
Short Interest
Bearish
5.44% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.78mentions of Crescent Point Energy in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.73%
From $1.10 to $0.96 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Oils/Energy Sector

82nd out of 239 stocks

Crude Petroleum & Natural Gas Industry

39th out of 82 stocks


CPG stock logo

About Crescent Point Energy (NYSE:CPG) Stock

Crescent Point Energy Corp. engages in the exploration, development, and production of oil and gas properties. Its focus areas include: Viewfield Bakken, Flat Lake Torquay, and Shaunavon. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.

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CPG Stock News Headlines

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Crescent Point Announces Strategic Montney Acquisition
Crescent Point Energy (NYSE:CPG) Shares Up 2.8%
Crescent Point Announces 2022 Results & Reserves
CPG Crescent Point Energy Corp.
See More Headlines
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CPG Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/3 Dividend
12/14/2022
Dividend Payable
1/03/2023
Ex-Dividend for 4/3 Dividend
3/14/2023
Today
4/01/2023
Dividend Payable
4/03/2023
Next Earnings (Estimated)
5/11/2023
Fiscal Year End
12/31/2023

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
$14.75
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+108.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.14 billion
Pretax Margin
46.87%

Debt

Sales & Book Value

Annual Sales
$3.46 billion
Cash Flow
$2.74 per share
Book Value
$9.06 per share

Miscellaneous

Free Float
546,313,000
Market Cap
$3.87 billion
Optionable
Optionable
Beta
2.22

Key Executives

  • Craig Bryksa
    President, Chief Executive Officer & Director
  • Ryan Gritzfeldt
    Chief Operating Officer
  • Kenneth R. Lamont
    Chief Financial Officer
  • Justin Foraie
    Vice President-Engineering & Marketing
  • Mark G. Eade
    Secretary, Senior Vice President & General Counsel













CPG Stock - Frequently Asked Questions

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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?

2 brokerages have issued 1-year price targets for Crescent Point Energy's shares. Their CPG share price forecasts range from $13.00 to $16.00. On average, they predict the company's share price to reach $14.75 in the next twelve months. This suggests a possible upside of 108.9% 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 2023?

Crescent Point Energy's stock was trading at $7.15 on January 1st, 2023. Since then, CPG stock has decreased by 1.3% and is now trading at $7.06.
View the best growth stocks for 2023 here
.

Are investors shorting Crescent Point Energy?

Crescent Point Energy saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 29,810,000 shares, an increase of 95.7% from the February 28th total of 15,230,000 shares. Based on an average daily volume of 6,140,000 shares, the days-to-cover ratio is currently 4.9 days. Currently, 5.4% of the shares of the company are short sold.
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 Thursday, May 11th 2023.
View our CPG earnings forecast
.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (NYSE:CPG) posted its earnings results on Thursday, October, 28th. The oil and gas producer reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.02. The oil and gas producer earned $673.67 million during the quarter, compared to analysts' expectations of $683.40 million. Crescent Point Energy had a trailing twelve-month return on equity of 14.19% and a net margin of 34.47%. During the same quarter in the prior year, the firm posted $0.10 EPS.

How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy?

Crescent Point Energy announced a quarterly dividend on Friday, December 9th. Investors of record on Wednesday, March 15th will be paid a dividend of $0.075 per share on Monday, April 3rd. This represents a $0.30 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.06.
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 iShares International Small Cap Equity Factor ETF (ISCF).Dimensional International Small Cap Value ETF (DISV).

Is Crescent Point Energy a good dividend stock?

Crescent Point Energy (NYSE:CPG) pays an annual dividend of $0.29 per share and currently has a dividend yield of 4.24%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CPG will have a dividend payout ratio of 30.21% 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."

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 $7.06.

How much money does Crescent Point Energy make?

Crescent Point Energy (NYSE:CPG) has a market capitalization of $3.87 billion and generates $3.46 billion in revenue each year. The oil and gas producer earns $1.14 billion in net income (profit) each year or $2.02 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 4/2/2023 by MarketBeat.com Staff