NYSE:CPG Crescent Point Energy - CPG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Crescent Point Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. $7.24 +0.01 (+0.14%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$7.18▼$7.3550-Day Range$6.51▼$7.6252-Week Range$5.51▼$10.96Volume6.98 million shsAverage Volume5.79 million shsMarket Capitalization$3.99 billionP/E Ratio2.55Dividend Yield3.47%Price Target$14.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Crescent Point Energy MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside103.7% Upside$14.75 Price TargetShort InterestHealthy1.82% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-57.24%From $2.83 to $1.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsOils/Energy Sector84th out of 236 stocksCrude Petroleum & Natural Gas Industry37th out of 74 stocks 3.5 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.75, Crescent Point Energy has a forecasted upside of 103.7% from its current price of $7.24.Amount of Analyst CoverageCrescent Point Energy has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.82% of the float of Crescent Point Energy has been sold short.Short Interest Ratio / Days to CoverCrescent Point Energy has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Crescent Point Energy has recently decreased by 2.04%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCrescent Point Energy pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCrescent Point Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 8.45%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Crescent Point Energy will have a dividend payout ratio of 19.83% next year. This indicates that Crescent Point Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPG. Previous Next 1.1 News and Social Media Coverage Search Interest53 people have searched for CPG on MarketBeat in the last 30 days. This is an increase of 130% compared to the previous 30 days.MarketBeat Follows7 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Crescent Point Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.30% of the stock of Crescent Point Energy is held by insiders.Percentage Held by InstitutionsOnly 32.71% of the stock of Crescent Point Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Crescent Point Energy are expected to decrease by -57.24% in the coming year, from $2.83 to $1.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 2.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 2.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 47.67.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Crescent Point Energy (NYSE:CPG) StockCrescent 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.Read More Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address CPG Stock News HeadlinesJanuary 2, 2023 | seekingalpha.comCrescent Point: Acquisition And Impact On Future ReturnsDecember 15, 2022 | finance.yahoo.comCrescent Point Energy's (TSE:CPG) Shareholders Will Receive A Bigger Dividend Than Last YearFebruary 8, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.December 9, 2022 | finance.yahoo.comCrescent Point Acquires Kaybob Duvernay Assets and Increases Base Dividend by 25%November 28, 2022 | seekingalpha.comCrescent Point Energy: Potential +12.5% Combined Total Return, Perhaps MoreNovember 12, 2022 | fool.comCrescent Point Energy Trust Units (NYSE: CPG)November 11, 2022 | markets.businessinsider.comCanadian Market Modestly Higher As Cannabis, Energy Stocks RallyOctober 29, 2022 | finance.yahoo.comWhy You Might Be Interested In Crescent Point Energy Corp. (TSE:CPG) For Its Upcoming DividendFebruary 8, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.October 27, 2022 | ca.finance.yahoo.comCrescent Point Energy To Pay Special Dividend As Profit Jumps 502October 13, 2022 | seekingalpha.comCrescent Point Energy: Frustratingly Simple, But Not EasyOctober 10, 2022 | nz.finance.yahoo.comAre Robust Financials Driving The Recent Rally In Crescent Point Energy Corp.'s (TSE:CPG) Stock?October 1, 2022 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp up on Friday (CPG)September 16, 2022 | nasdaq.comInteresting CPG Put And Call Options For November 18thSeptember 8, 2022 | finance.yahoo.comCrescent Point Energy (CPG) Gains But Lags Market: What You Should KnowSeptember 6, 2022 | finance.yahoo.comIs Baytex Energy (BTEGF) a Great Value Stock Right Now?September 6, 2022 | finance.yahoo.comCan Crescent Point (CPG) Climb 66% to Reach the Level Wall Street Analysts Expect?August 29, 2022 | seekingalpha.comCrescent Point Energy: Moving Higher Seems ObviousAugust 24, 2022 | finance.yahoo.comImproved Earnings Required Before Crescent Point Energy Corp. (TSE:CPG) Shares Find Their FeetAugust 2, 2022 | theglobeandmail.comCrescent Point Energy Corp stock gained on Friday.July 27, 2022 | finance.yahoo.comCrescent Point Announces Q2 2022 ResultsJuly 26, 2022 | msn.comCrescent Point Energy's Earnings: A PreviewJuly 24, 2022 | seekingalpha.comCrescent Point Energy - Quant Vs. Technical AnalysisJuly 20, 2022 | finance.yahoo.comCrescent Point Announces Q2 2022 Conference CallJuly 18, 2022 | finance.yahoo.comWhy Investors Should Focus on These 4 Canadian E&P StocksJuly 11, 2022 | theglobeandmail.comCrescent Point Energy Corp stock dipped on Friday.July 6, 2022 | seekingalpha.comCrescent Point: Living On The HedgeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CPG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Crescent Point Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address CPG Company Calendar Last Earnings10/28/2021Ex-Dividend for 1/3 Dividend12/14/2022Dividend Payable1/03/2023Today2/08/2023Next Earnings (Estimated)3/02/2023Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CPG CUSIPN/A CIK1545851 Webwww.crescentpointenergy.com Phone(403) 693-0020Fax403-693-0070Employees748Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.75 High Stock Price Forecast$16.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+103.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.84 Trailing P/E Ratio2.55 Forward P/E Ratio2.56 P/E GrowthN/ANet Income$1.89 billion Net Margins48.44% Pretax Margin65.60% Return on Equity14.13% Return on Assets9.07% Debt Debt-to-Equity Ratio0.13 Current Ratio0.61 Quick Ratio0.61 Sales & Book Value Annual Sales$2.56 billion Price / Sales1.56 Cash Flow$1.89 per share Price / Cash Flow3.84 Book Value$7.44 per share Price / Book0.97Miscellaneous Outstanding Shares551,310,000Free Float549,656,000Market Cap$3.99 billion OptionableOptionable Beta2.21 Key ExecutivesCraig BryksaPresident, Chief Executive Officer & DirectorRyan GritzfeldtChief Operating OfficerKenneth R. LamontChief Financial OfficerJustin ForaieVice President-Engineering & MarketingMark G. EadeSecretary, Senior Vice President & General CounselKey CompetitorsSM EnergyNYSE:SMDenburyNYSE:DENEnerplusNYSE:ERFKosmos EnergyNYSE:KOSBlack Stone MineralsNYSE:BSMView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 38,334 shares on 2/8/2023Ownership: 0.046%Shell Asset Management Co.Sold 6,800 shares on 2/7/2023Ownership: 0.008%Cutler Group LLC CASold 5,800 shares on 2/7/2023Ownership: 0.000%FourThought Financial Partners LLCBought 24,242 shares on 2/7/2023Ownership: 0.004%LPL Financial LLCSold 2,097 shares on 2/7/2023Ownership: 0.002%View All Institutional Transactions CPG Stock - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 1 buy rating 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? 1 brokerages have issued twelve-month target prices for Crescent Point Energy's stock. Their CPG share price forecasts range from $13.00 to $16.00. On average, they anticipate the company's stock price to reach $14.75 in the next year. This suggests a possible upside of 102.1% 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 increased by 2.1% and is now trading at $7.30. View the best growth stocks for 2023 here. Are investors shorting Crescent Point Energy? Crescent Point Energy saw a decline in short interest in December. As of December 30th, there was short interest totaling 10,280,000 shares, a decline of 11.1% from the December 15th total of 11,570,000 shares. Based on an average daily trading volume, of 9,310,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.9% of the company's shares 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, March 2nd 2023. View our CPG earnings forecast. How were Crescent Point Energy's earnings last quarter? Crescent Point Energy Corp. (NYSE:CPG) announced its quarterly 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 had revenue of $673.67 million for the quarter, compared to analysts' expectations of $683.40 million. Crescent Point Energy had a trailing twelve-month return on equity of 14.13% and a net margin of 48.44%. During the same quarter last year, the company 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 annualized dividend and a yield of 4.11%. The ex-dividend date is Tuesday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.06. 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 3.47%. 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 19.83% 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 institutional and retail investors. Top institutional investors include Bank of Montreal Can (2.30%), Toronto Dominion Bank (0.44%), National Bank of Canada FI (0.39%), TD Asset Management Inc (0.35%), GMT Capital Corp (0.34%) and Penbrook Management LLC (0.09%). 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 $7.30. 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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