TSE:CPG Crescent Point Energy (CPG) Stock Forecast, Price & News C$9.25 +0.13 (+1.43%) (As of 06/6/2023 ET) Add Compare Share Share Today's RangeC$8.97▼C$9.2850-Day RangeC$8.56▼C$10.4752-Week RangeC$7.57▼C$13.74Volume5.34 million shsAverage Volume5.00 million shsMarket CapitalizationC$5.05 billionP/E Ratio9.64Dividend Yield4.32%Price TargetC$14.84 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Crescent Point Energy MarketRank™ ForecastAnalyst RatingBuy3.25 Rating ScoreUpside/Downside60.5% UpsideC$14.84 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.14 out of 5 stars 3.6 Analyst's Opinion Consensus RatingCrescent Point Energy has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$14.84, Crescent Point Energy has a forecasted upside of 60.5% from its current price of C$9.25.Amount of Analyst CoverageCrescent Point Energy has only been the subject of 3 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CPG. Previous Next 2.5 Dividend Strength Dividend LeadershipCrescent Point Energy is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCrescent Point Energy does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Crescent Point Energy is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CPG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 33 people have searched for CPG on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Crescent Point Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 0.45% of the stock of Crescent Point Energy is held by insiders.Percentage Held by InstitutionsOnly 38.96% of the stock of Crescent Point Energy is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Crescent Point Energy is 9.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Crescent Point Energy is 9.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 91.98.Price to Earnings Growth RatioDue to a projected decrease in earnings for Crescent Point Energy, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCrescent Point Energy has a P/B Ratio of 0.76. 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 (TSE:CPG) StockCrescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It'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 and Montana. The company was incorporated in 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 HeadlinesMay 29, 2023 | marketwatch.comCrescent Point Energy Restores Production Disrupted by Alberta FiresMay 29, 2023 | theglobeandmail.comCrescent Point restarts production that was shut in due to Alberta wildfiresJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 29, 2023 | msn.comCrescent Point brings back on stream shut-in Kaybob Duvernay productionMay 16, 2023 | finance.yahoo.comCrescent Point Energy Provides Further Update on Alberta WildfiresMay 14, 2023 | msn.comCrescent Point Energy (CPG) Declares $0.10 DividendMay 13, 2023 | finance.yahoo.comFire Risk in Canada’s Oil Heartland Surges Over Hot WeekendMay 11, 2023 | americanbankingnews.comCrescent Point Energy (CPG) Set to Announce Earnings on FridayJune 7, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 10, 2023 | finance.yahoo.comThose who invested in Crescent Point Energy (TSE:CPG) three years ago are up 436%May 2, 2023 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp down on Monday (CPG)April 28, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Crescent Point Energy Corp. Issued By Stifel Firstegy (TSE:CPG)April 27, 2023 | americanbankingnews.comCrescent Point Energy Corp. (TSE:CPG) Expected to Earn Q1 2023 Earnings of $0.38 Per ShareApril 26, 2023 | americanbankingnews.comBrokers Issue Forecasts for Crescent Point Energy Corp.'s Q2 2023 Earnings (TSE:CPG)April 24, 2023 | msn.comBetter Buy: Baytex Energy Stock or Crescent Point Energy Stock?April 21, 2023 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp flat on Friday (CPG)April 21, 2023 | americanbankingnews.comNational Bankshares Boosts Crescent Point Energy (TSE:CPG) Price Target to C$18.00April 21, 2023 | americanbankingnews.comBrokers Offer Predictions for Crescent Point Energy Corp.'s Q2 2023 Earnings (TSE:CPG)April 20, 2023 | americanbankingnews.comNational Bank Financial Increases Crescent Point Energy (TSE:CPG) Price Target to C$18.00April 20, 2023 | americanbankingnews.comAtb Cap Markets Comments on Crescent Point Energy Corp.'s Q1 2023 Earnings (TSE:CPG)April 18, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Canadian Natural Resources, Crescent Point Energy and Baytex EnergyApril 14, 2023 | americanbankingnews.comCrescent Point Energy (TSE:CPG) Price Target Raised to C$14.00 at ScotiabankApril 13, 2023 | theglobeandmail.comClosing Bell: Crescent Point Energy Corp up on Thursday (CPG)April 12, 2023 | finance.yahoo.comWall Street Analysts Predict a 47.24% Upside in Crescent Point (CPG): Here's What You Should KnowApril 12, 2023 | msn.comAre Oils-Energy Stocks Lagging Crescent Point Energy (CPG) This Year?April 12, 2023 | finance.yahoo.comWall Street Analysts Predict a 47.24% Upside in Crescent Point (CPG): Here's What You Should KnowApril 12, 2023 | finance.yahoo.comAll You Need to Know About Crescent Point (CPG) Rating Upgrade to BuySee More Headlines CPG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CPG Company Calendar Ex-Dividend for 3/17 Dividend3/09/2023Dividend Payable3/17/2023Today6/06/2023Ex-Dividend for 7/4 Dividend6/14/2023Dividend Payable7/04/2023Next Earnings (Estimated)7/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Independent Oil & Gas Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:CPG CUSIPN/A CIKN/A Webwww.crescentpointenergy.com Phone+1-403-6930020FaxN/AEmployees748Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$14.84 High Stock Price ForecastC$18.00 Low Stock Price ForecastC$12.50 Forecasted Upside/Downside+60.5%Consensus RatingBuy Rating Score (0-4)3.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.96 Trailing P/E Ratio9.64 Forward P/E Ratio5.03 P/E Growth-0.59Net IncomeC$516.50 million Net Margins13.51% Pretax MarginN/A Return on Equity7.85% Return on Assets4.31% Debt Debt-to-Equity Ratio25.07 Current Ratio0.67 Quick Ratio0.49 Sales & Book Value Annual SalesC$3.82 billion Price / Sales1.32 Cash FlowC$0.42 per share Price / Cash Flow22.00 Book ValueC$12.18 per share Price / Book0.76Miscellaneous Outstanding Shares545,830,000Free FloatN/AMarket CapC$5.05 billion OptionableOptionable Beta2.84 Key ExecutivesMr. Craig Bryksa (Age 46)Pres, CEO & Non-Independent Director Comp: $1.55MMr. Kenneth R. Lamont B.Com. (Age 64)BComm., C.A., CA, Chief Financial Officer Comp: $1.12MMr. Ryan Chad Raymond Gritzfeldt BASc.P.Eng., Chief Operating OfficerMr. Mark G. EadeSr. VP, Gen. Counsel & Corp. Sec.Mr. Garret HoltSr. VP of Corp. Devel.Sarfraz SomaniMang. of Investor RelationsMr. Justin ForaieVP of Engineering & MarketingMs. Lisa WatsonVP of HR & Corp. ServicesMr. Shant MadianVP of Capital MarketsMr. Mike BlairVP of Exploration & New VenturesMore ExecutivesKey CompetitorsParamount ResourcesTSE:POULinamarTSE:LNRMEG EnergyTSE:MEGVermilion EnergyTSE:VETNuVista EnergyTSE:NVAView All CompetitorsInsidersMark Gordon EadeSold 13,977 sharesTotal: C$189,947.43 ($13.59/share)View All Insider Transactions CPG Stock - Frequently Asked Questions Should I buy or sell Crescent Point Energy stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crescent Point Energy in the last year. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 4 Wall Street research analysts have issued 1 year price objectives for Crescent Point Energy's stock. Their CPG share price forecasts range from C$12.50 to C$18.00. On average, they expect the company's share price to reach C$14.84 in the next year. This suggests a possible upside of 60.5% 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 C$9.66 at the beginning of 2023. Since then, CPG stock has decreased by 4.2% and is now trading at C$9.25. View the best growth stocks for 2023 here. When is Crescent Point Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our CPG earnings forecast. How often does Crescent Point Energy pay dividends? What is the dividend yield for Crescent Point Energy? Crescent Point Energy declared a quarterly dividend on Wednesday, June 14th. Shareholders of record on Tuesday, July 4th will be given a dividend of 0.10 per share on Tuesday, July 4th. This represents a $0.40 annualized dividend and a dividend yield of 4.32%. The ex-dividend date is Wednesday, June 14th. 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$0.40 per share and currently has a dividend yield of 4.59%. CPG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.67%. 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). What is Crescent Point Energy's stock symbol? Crescent Point Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CPG." 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. What is Crescent Point Energy's stock price today? One share of CPG stock can currently be purchased for approximately C$9.25. How much money does Crescent Point Energy make? Crescent Point Energy (TSE:CPG) has a market capitalization of C$5.05 billion and generates C$3.82 billion in revenue each year. The company earns C$516.50 million in net income (profit) each year or C$0.96 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 Suite 2000, 585-8Th Avenue Sw, CALGARY, AB T2P 1G1, Canada. The official website for the company is www.crescentpointenergy.com. The company can be reached via phone at +1-403-6930020. This page (TSE:CPG) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.