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TSE:CPG

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

C$11.57
-0.11 (-0.94%)
(As of 05/29/2024 ET)
Today's Range
C$11.47
C$11.70
50-Day Range
C$10.59
C$12.62
52-Week Range
C$8.16
C$12.67
Volume
1.38 million shs
Average Volume
3.30 million shs
Market Capitalization
C$7.15 billion
P/E Ratio
23.61
Dividend Yield
3.98%
Price Target
C$14.80

Crescent Point Energy MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.9% Upside
C$14.80 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.22mentions of Crescent Point Energy in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
C$500,486 Bought Last Quarter
Proj. Earnings Growth
N/A

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.

3.93 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

TSX Ends Marginally Up After Slightly Volatile Session
2 'Strong Buy' Energy Stocks Under $10
Crescent Point Energy (CPG) Receives a Buy from RBC Capital
Brian's Big Idea on Oil
Crescent Point Tower (Renderings)
See More Headlines
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Company Calendar

Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
5/30/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
7/24/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
777
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$14.80
High Stock Price Target
C$19.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+27.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
C$215.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.51 billion
Cash Flow
C$0.53 per share
Book Value
C$10.30 per share

Miscellaneous

Free Float
N/A
Market Cap
C$7.15 billion
Optionable
Not Optionable
Beta
2.84
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Key Executives

  • Mr. Craig Bryksa (Age 47)
    President, CEO & Non-Independent Director
    Comp: $1.99M
  • Mr. Kenneth R. Lamont B.Com. (Age 65)
    BComm., C.A., Chief Financial Officer
    Comp: $1.25M
  • 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
  • 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 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 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 price targets 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$14.80 in the next year. This suggests a possible upside of 27.9% 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 start of the year. Since then, CPG stock has increased by 25.9% and is now trading at C$11.57.
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 Wednesday, July 24th 2024.
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 Friday, May 10th. Investors of record on Saturday, June 15th will be paid a dividend of 0.115 per share on Tuesday, July 2nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date is Friday, 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$0.46 per share and currently has a dividend yield of 3.84%. The dividend payout ratio is 93.88%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 5/30/2024 by MarketBeat.com Staff

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