Crescent Point Energy Stock Price, News & Analysis (NYSE:CPG)

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. Shareholders 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 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend 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) issued its quarterly earnings data on Thursday, July, 25th. The oil and gas producer reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.04. The oil and gas producer earned $706.64 million during the quarter, compared to the consensus estimate of $724.48 million. Crescent Point Energy had a positive return on equity of 5.15% and a negative net margin of 58.40%. During the same quarter last year, the business earned $0.19 EPS. View Crescent Point Energy's Earnings History.

Crescent Point Energy is scheduled to release their next quarterly earnings announcement on Thursday, October 31st 2019. View Earnings Estimates for Crescent Point Energy.

7 analysts have issued 1 year price objectives for Crescent Point Energy's stock. Their predictions range from $4.06 to $8.00. On average, they anticipate Crescent Point Energy's stock price to reach $6.27 in the next twelve months. This suggests a possible upside of 64.9% 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 been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press 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 five, with scores closest to five being the most favorable. Crescent Point Energy earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave media 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 stock's share price in the near future. View News Stories for Crescent Point Energy.

Crescent Point Energy saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 11,380,000 shares, a decline of 9.8% from the August 30th total of 12,620,000 shares. Based on an average trading volume of 2,800,000 shares, the short-interest ratio is presently 4.1 days. Approximately 2.1% of the company's shares 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), Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), EQT (EQT), Vermilion Energy (VET), Chesapeake Energy (CHK), Kosmos Energy (KOS) and Tellurian (TELL).

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), Encana (ECA), Baytex Energy (BTE), Whitecap Resources (WCP), Bank of America (BAC), Bausch Health Companies (BHC), Cenovus Energy (CVE) and Lam Research (LRCX).

Crescent Point Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.08%), Cerebellum GP LLC (0.04%) and Cerebellum GP LLC (0.04%).

CPG stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc..

CPG stock was bought by a variety of institutional investors in the last quarter, including Cerebellum GP LLC and Cerebellum GP 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 $3.80.

Crescent Point Energy has a market capitalization of $2.08 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.