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

+0.20 (+1.68%)
(As of 04/23/2024 ET)
Today's Range
50-Day Range
52-Week Range
2.55 million shs
Average Volume
3.40 million shs
Market Capitalization
C$7.50 billion
P/E Ratio
Dividend Yield
Price Target

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
3.00 Rating Score
20.2% Upside
C$14.55 Price Target
Short Interest
Dividend Strength
Based on Four Factors
News Sentiment
0.82mentions of Crescent Point Energy in the last 14 days
Based on 24 Articles This Week
Insider Trading
Acquiring Shares
C$500,486 Bought Last Quarter
Proj. Earnings Growth

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.81 out of 5 stars

CPG stock logo

About Crescent Point Energy Stock (TSE:CPG)

Crescent Point Energy Corp. explores, develops, and produces oil and gas properties in Canada and the United States. The company focuses on crude oil, tight oil, natural gas liquids, shale gas, and natural gas reserves. Its properties are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.

CPG Stock Price History

CPG Stock News Headlines

How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
How to camouflage a factory of 53,000 workers
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." The former Goldman Sachs VP – who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio – is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Crescent Point Energy (CPG) Receives a Buy from RBC Capital
Brian's Big Idea on Oil
Crescent Point Tower (Renderings)
Preview: Crescent Point Energy's Earnings
Crescent Point Energy Corp. (CPG)
Crescent Point Energy Corp.
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 4/1 Dividend
Dividend Payable
Next Earnings (Estimated)

Industry, Sector and Symbol

Oil & Gas E&P
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
10 Analysts


Net Income
C$799.40 million
Pretax Margin


Sales & Book Value

Annual Sales
C$3.19 billion
Cash Flow
C$0.55 per share
Book Value
C$11.08 per share


Free Float
Market Cap
C$7.50 billion
Not Optionable
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Key Executives

  • Mr. Craig Bryksa (Age 47)
    President, CEO & Non-Independent Director
    Comp: $1.7M
  • Mr. Kenneth R. Lamont B.Com. (Age 65)
    BComm., C.A., Chief Financial Officer
    Comp: $1.12M
  • Mr. Ryan Chad Raymond Gritzfeldt BASc.
    P.Eng., Chief Operating Officer
  • Mr. Mark G. Eade
    Senior VP, General Counsel & Corporate Secretary
  • Mr. Garret Holt
    Senior VP of Strategy & Planning
  • Sarfraz Somani
    Manager of Investor Relations
  • Mr. Shant Madian
    Vice President of Capital Markets
  • Ms. Shelly Witwer
    Senior Vice President of Business Development
  • Mr. Michael R. Politeski
    Senior Vice President of Finance & Treasurer

CPG Stock Analysis - Frequently Asked Questions

Should I buy or sell Crescent Point Energy stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

10 brokers have issued 1-year target prices for Crescent Point Energy's stock. Their CPG share price targets range from C$13.00 to C$19.00. On average, they expect the company's stock price to reach C$14.55 in the next year. This suggests a possible upside of 20.2% 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 2024?

Crescent Point Energy's stock was trading at C$9.19 at the beginning of 2024. Since then, CPG shares have increased by 31.7% and is now trading at C$12.10.
View the best growth stocks for 2024 here

When is Crescent Point Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our CPG earnings forecast

How were Crescent Point Energy's earnings last quarter?

Crescent Point Energy Corp. (TSE:CPG) announced its quarterly earnings results on Thursday, February, 29th. The company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.14. The business earned $1.01 billion during the quarter, compared to the consensus estimate of $1 billion. Crescent Point Energy had a net margin of 17.88% and a trailing twelve-month return on equity of 11.97%.

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 Thursday, February 29th. Investors of record on Friday, March 15th will be paid a dividend of 0.115 per share on Monday, April 1st. This represents a $0.46 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of C$0.02.
Read our dividend analysis for CPG

Is Crescent Point Energy a good dividend stock?

Crescent Point Energy (TSE:CPG) pays an annual dividend of C$0.46 per share and currently has a dividend yield of 3.85%. The dividend payout ratio is 31.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CPG.

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 Intact Financial (IFC), Constellation Software (CSU), Freehold Royalties (FRU), Granite Oil (GXO), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Baytex Energy (BTE), Crius Energy Unt (KWH.UN) and Bank of Nova Scotia (BNS).

How do I buy shares of Crescent Point Energy?

Shares of CPG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CPG) was last updated on 4/24/2024 by MarketBeat.com Staff

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