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NYSE:CPGCrescent Point Energy Stock Price, Forecast & News

$1.40
-0.06 (-4.11 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$1.38
Now: $1.40
$1.45
50-Day Range
$0.85
MA: $1.20
$1.66
52-Week Range
$0.51
Now: $1.40
$4.84
Volume3.69 million shs
Average Volume2.39 million shs
Market Capitalization$741.16 million
P/E RatioN/A
Dividend Yield2.14%
Beta2.7
Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company'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, Montana, and Utah. Crescent Point Energy Corp. is headquartered in Calgary, Canada.
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Crescent Point Energy logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.00 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
Phone403-693-0020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.51 billion
Cash Flow$4.38 per share
Book Value$4.38 per share

Profitability

Net Income$-778,700,000.00
Net Margins-108.19%

Miscellaneous

Employees1,004
Market Cap$741.16 million
Next Earnings Date7/30/2020 (Confirmed)
OptionableOptionable

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Crescent Point Energy (NYSE:CPG) Frequently Asked Questions

How has Crescent Point Energy's stock been impacted by COVID-19 (Coronavirus)?

Crescent Point Energy's stock was trading at $1.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPG shares have increased by 32.1% and is now trading at $1.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Crescent Point Energy?

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, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Crescent Point Energy.

When is Crescent Point Energy's next earnings date?

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.

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp (NYSE:CPG) announced its earnings results on Thursday, March, 5th. The oil and gas producer reported $0.07 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.07. The oil and gas producer earned $552.56 million during the quarter, compared to the consensus estimate of $579.04 million. Crescent Point Energy had a negative net margin of 108.19% and a positive return on equity of 5.14%. View Crescent Point Energy's earnings history.

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

Crescent Point Energy declared a dividend on Thursday, October 31st. Investors of record on Sunday, December 15th will be paid 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.

What price target have analysts set for CPG?

8 brokerages have issued twelve-month price targets for Crescent Point Energy's stock. Their forecasts range from $1.25 to $9.50. On average, they anticipate Crescent Point Energy's share price to reach $4.19 in the next year. This suggests a possible upside of 199.1% from the stock's current price. View analysts' price targets for Crescent Point Energy.

Has Crescent Point Energy been receiving favorable news coverage?

News coverage about CPG stock has been trending very negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crescent Point Energy earned a news impact score of -3.0 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutCrescent Point Energy.

Are investors shorting Crescent Point Energy?

Crescent Point Energy saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 18,140,000 shares, a decrease of 40.6% from the April 30th total of 30,550,000 shares. Based on an average daily trading volume, of 2,520,000 shares, the days-to-cover ratio is currently 7.2 days. Approximately 3.5% of the company's shares are short sold. View Crescent Point Energy's Current Options Chain.

Who are some of Crescent Point Energy's key competitors?

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), 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).

Who are Crescent Point Energy's key executives?

Crescent Point Energy's management team includes the following people:
  • Mr. Kenneth R. Lamont B.Com., C.A., BComm., CA, Chief Financial Officer (Age 60)
  • Mr. Derek Wayne Christie B.Sc., P.Geol., Sr. VP of Exploration & Corp. Devel.
  • Mr. Craig Bryksa, Pres, CEO & Director
  • Mr. Ryan Chad Raymond Gritzfeldt, Chief Operating Officer
  • Mr. Shant Madian, VP of Investor Relations & Corp. Communications

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 institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (6.95%), Connor Clark & Lunn Investment Management Ltd. (1.73%), Scheer Rowlett & Associates Investment Management Ltd. (0.92%), Russell Investments Group Ltd. (0.68%), CIBC Asset Management Inc (0.67%) and Two Sigma Advisers LP (0.66%).

Which major investors are selling Crescent Point Energy stock?

CPG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Two Sigma Investments LP, APG Asset Management N.V., APG Asset Management N.V., Toronto Dominion Bank, Franklin Resources Inc., and Invesco Ltd..

Which major investors are buying Crescent Point Energy stock?

CPG stock was acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Russell Investments Group Ltd., Ninepoint Partners LP, Two Sigma Advisers LP, Vident Investment Advisory LLC, Alberta Investment Management Corp, Spark Investment Management LLC, and CoreCommodity Management LLC.

How do I buy shares of Crescent Point Energy?

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.

What is Crescent Point Energy's stock price today?

One share of CPG stock can currently be purchased for approximately $1.40.

How big of a company is Crescent Point Energy?

Crescent Point Energy has a market capitalization of $741.16 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.

What is Crescent Point Energy's official website?

The official website for Crescent Point Energy is www.crescentpointenergy.com.

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 oil and gas producer can be reached via phone at 403-693-0020.

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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