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 annualized dividend and a yield of 0.78%. The ex-dividend date is Thursday, September 12th. This is a positive change from Crescent Point Energy's previous quarterly dividend of $0.01. View Crescent Point Energy's Dividend History.

Crescent Point Energy Corp (NYSE:CPG) posted its quarterly earnings results on Thursday, July, 25th. The oil and gas producer reported $0.20 EPS for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.04. The oil and gas producer had revenue of $706.64 million for the quarter, compared to analyst estimates 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 posted $0.19 earnings per share. 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 brokers have issued twelve-month target prices for Crescent Point Energy's shares. Their forecasts range from $4.06 to $9.50. On average, they anticipate Crescent Point Energy's share price to reach $6.91 in the next twelve months. This suggests a possible upside of 69.0% 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 somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Crescent Point Energy earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact 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 in the month of September. As of September 30th, there was short interest totalling 11,380,000 shares, a drop of 9.8% from the August 30th total of 12,620,000 shares. Based on an average daily trading volume, of 2,800,000 shares, the short-interest ratio is currently 4.1 days. Approximately 2.1% 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 Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), Encana (ECA), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), Viper Energy Partners (VNOM), Murphy Oil (MUR), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS) and Chesapeake Energy (CHK).

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 a variety of of institutional and retail investors. Top institutional investors include Alberta Investment Management Corp (0.36%), Hexavest Inc. (0.08%), Cerebellum GP LLC (0.04%), Cerebellum GP LLC (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%).

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

CPG stock was purchased by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Cerebellum GP LLC, Cerebellum GP LLC and Zurcher Kantonalbank Zurich Cantonalbank .

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 $4.09.

Crescent Point Energy has a market capitalization of $2.24 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.