NYSE:CPGCrescent Point Energy Stock Price, Forecast & News

Crescent Point Energy's stock was trading at $1.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CPG stock has increased by 65.1% and is now trading at $1.75.
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9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Crescent Point Energy is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Crescent Point Energy.

Crescent Point Energy Corp (NYSE:CPG) announced its quarterly earnings data on Wednesday, May, 6th. The oil and gas producer reported ($4.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $4.49. The oil and gas producer earned $408.90 million during the quarter, compared to analyst estimates of $450.65 million. Crescent Point Energy had a positive return on equity of 2.37% and a negative net margin of 155.00%.
View Crescent Point Energy's earnings history.

Crescent Point Energy declared a dividend on Thursday, October 31st. Shareholders 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.

9 Wall Street analysts have issued 12-month price objectives for Crescent Point Energy's shares. Their forecasts range from $1.75 to $9.50. On average, they anticipate Crescent Point Energy's stock price to reach $3.92 in the next twelve months. This suggests a possible upside of 123.8% from the stock's current price.
View analysts' price targets for Crescent Point Energy.

Media stories about CPG stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Crescent Point Energy earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave media stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Crescent Point Energy.

Crescent Point Energy saw a increase in short interest in July. As of July 31st, there was short interest totaling 17,030,000 shares, an increase of 11.2% from the July 15th total of 15,320,000 shares. Based on an average trading volume of 2,510,000 shares, the days-to-cover ratio is currently 6.8 days. Approximately 3.2% of the company's stock are sold short.
View Crescent Point Energy's Current Options Chain.

Some companies that are related to Crescent Point Energy include WPX Energy (WPX), Ovintiv (OVV), Cimarex Energy (XEC), Murphy Oil (MUR), Range Resources (RRC), CNX Resources (CNX), Viper Energy Partners (VNOM), ARC Resources (AETUF), Southwestern Energy (SWN), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), PDC Energy (PDCE), Comstock Resources (CRK), Matador Resources (MTDR) and Antero Resources (AR).
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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).

Crescent Point Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPG."

Crescent Point Energy's stock is owned by many different retail and institutional investors. Top institutional investors include CIBC Asset Management Inc (1.21%), Ninepoint Partners LP (0.66%), Russell Investments Group Ltd. (0.66%), MERIAN GLOBAL INVESTORS UK Ltd (0.30%), Swiss National Bank (0.23%) and Vident Investment Advisory LLC (0.13%).

CPG stock was sold by a variety of institutional investors in the last quarter, including Vident Investment Advisory LLC, Vident Investment Advisory LLC, Cumberland Partners Ltd, and Russell Investments Group Ltd..

CPG stock was bought by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, MERIAN GLOBAL INVESTORS UK Ltd, Ninepoint Partners LP, UBS Group AG, Cerebellum GP LLC, Swiss National Bank, K.J. Harrison & Partners Inc, and JustInvest 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 $1.75.

Crescent Point Energy has a market capitalization of $926.28 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.

The official website for Crescent Point Energy is 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.